KPI Library - ISO 15189 KPIs

Why use the KPI Library?

Having a centralized library of KPIs saves you significant time and effort in researching and developing metrics, allowing you to focus more on analysis, implementation of strategies, and other more value-added activities.

This vast range of KPIs across various industries and functions offers the flexibility to tailor Performance Management and Measurement to the unique aspects of your organization, ensuring more precise monitoring and management.

Each KPI in the KPI Library includes 12 attributes:

KPI definition
Potential business insights [?]
Measurement approach/process [?]
Standard formula [?]
Trend analysis [?]
Diagnostic questions [?]
Actionable tips [?]
Visualization suggestions [?]
Risk warnings [?]
Tools & technologies [?]
Integration points [?]
Change impact [?]

It is designed to enhance Strategic Decision Making and Performance Management for executives and business leaders. Our KPI Library serves as a resource for identifying, understanding, and maintaining relevant competitive performance metrics.

Need KPIs for a function not listed? Email us at support@flevy.com.

We have 88 KPIs on ISO 15189 in our database. KPIs in ISO 15189 implementation are vital for assessing the quality and competence of medical laboratories. They focus on accuracy of test results, turnaround times, and patient safety.

These metrics help laboratories in maintaining high standards of practice, ensuring reliability of diagnostic information, and enhancing patient care. KPIs support continuous improvement in laboratory processes and compliance with health and safety standards. They are essential for laboratories to gain and retain accreditation and trust in the medical community.

Navigate your organization to excellence with 17,288 KPIs at your fingertips.

$189/year

Subscribe to the KPI Library

KPI	Definition	Business Insights [?]	Measurement Approach	Standard Formula
Accreditation Audit Non-conformity Rate More Details	The number of non-conformities found during accreditation audits, which can indicate the overall compliance with ISO 15189 standards.	Identifies the frequency of non-conformity issues during accreditation audits, signifying areas for improvement in compliance.	Considers the number of non-conformities found versus the number of audits conducted.	(Number of Non-conformities / Number of Audits Conducted) * 100
Trend Analysis [?] An increasing non-conformity rate may indicate a decline in compliance with ISO 15189 standards or a more rigorous audit process. A decreasing rate could signal improved adherence to standards or more effective corrective actions taken after previous audits. Diagnostic Questions [?] Are there specific areas or processes within the organization that consistently result in non-conformities during audits? How do our non-conformity rates compare with industry benchmarks or with previous audit cycles? Actionable Tips [?] Implement regular internal audits to identify and address potential non-conformities before accreditation audits. Provide ongoing staff training and education on ISO 15189 standards and compliance requirements. Establish a robust corrective action process to address non-conformities identified during audits. Visualization Suggestions [?] Line charts showing the trend of non-conformity rates over time. Pareto charts to identify the most common types of non-conformities and prioritize corrective actions. Risk Warnings [?] High non-conformity rates can jeopardize the organization's accreditation status and reputation. Chronic non-conformities may indicate systemic issues that could impact the quality and reliability of laboratory results. Tools & Technologies [?] Quality management software like Q-Pulse or MasterControl for tracking and managing non-conformities and corrective actions. Document management systems to ensure easy access to updated procedures and standards. Integration Points [?] Integrate non-conformity data with quality control processes to identify potential areas for improvement. Link non-conformity tracking with staff training and competency assessment systems to address knowledge gaps. Change Impact [?] Reducing non-conformity rates can enhance the reliability and accuracy of laboratory testing, improving patient care outcomes. However, increased focus on compliance may require additional resources and time, potentially impacting operational efficiency.
Audit Closure Time More Details	The time taken to close findings from internal or external audits, reflecting the lab's responsiveness to compliance issues.	Insight into the efficiency of the organization's audit process and the responsiveness to identified issues.	The time taken to close an audit from the date it is opened.	(Total Time to Close All Audits / Number of Audits Closed) in a given period
Trend Analysis [?] A decreasing audit closure time may indicate improved responsiveness to compliance issues and more efficient internal processes. An increasing closure time could signal a lack of attention to compliance issues or bottlenecks in the corrective action process. Diagnostic Questions [?] Are there recurring findings from audits that consistently take longer to close? How does our audit closure time compare with industry benchmarks or regulatory requirements? Actionable Tips [?] Implement a structured corrective action process with clear responsibilities and deadlines. Regularly review and prioritize findings to ensure timely closure of high-risk issues. Invest in training and resources to address common compliance issues more effectively. Visualization Suggestions [?] Line charts showing the average time to close findings over time. Pareto charts to identify the most frequent types of findings and their closure times. Risk Warnings [?] Delayed closure of audit findings can lead to non-compliance with regulations and standards, risking accreditation or legal consequences. Consistently high closure times may indicate systemic issues in the lab's quality management system. Tools & Technologies [?] Quality management software like Q-Pulse or MasterControl for tracking and managing audit findings and corrective actions. Project management tools such as Trello or Asana for task assignment and progress tracking. Integration Points [?] Integrate audit closure time tracking with performance evaluations to incentivize timely resolution of findings. Link with document management systems to ensure all necessary evidence and documentation are readily available for audit closure. Change Impact [?] Reducing audit closure time can improve overall compliance and regulatory adherence, enhancing the lab's reputation and trustworthiness. However, a focus solely on speed may compromise the thoroughness and effectiveness of corrective actions, potentially leading to recurring issues.
Automation Integration Level More Details	The degree to which laboratory processes are automated, aiming to increase efficiency, reduce errors, and improve turnaround times.	Reveals the efficiency of laboratory operations and potential for reducing manual errors and turnaround time.	The extent of laboratory automation, including pre-analytical, analytical, and post-analytical processes.	(Number of Automated Processes / Total Number of Processes) * 100
Trend Analysis [?] An increasing automation integration level may indicate a positive trend towards more efficient and error-free laboratory processes. A decreasing level could signal potential issues with the implementation or maintenance of automation systems, leading to negative performance shifts. Diagnostic Questions [?] How extensively are laboratory processes currently automated, and where are the potential areas for further automation? What are the key factors influencing the level of automation integration, and how can they be optimized to improve performance? Actionable Tips [?] Regularly assess and update automation systems to ensure they are aligned with current laboratory needs and technological advancements. Invest in training and upskilling staff to effectively utilize and maintain automated equipment and processes. Implement continuous improvement initiatives to identify and address any bottlenecks or inefficiencies in the automation integration level. Visualization Suggestions [?] Line charts showing the progression of automation integration level over time. Comparative bar graphs displaying the automation integration level across different laboratory processes or departments. Risk Warnings [?] Insufficient automation integration may lead to increased errors, longer turnaround times, and reduced efficiency in laboratory operations. Over-reliance on automation without proper maintenance and oversight can result in system failures and compromised quality of results. Tools & Technologies [?] Laboratory information management systems (LIMS) to track and manage automated processes and data. Robotic process automation (RPA) tools for automating repetitive tasks and workflows within the laboratory. Integration Points [?] Integrate automation integration level data with quality management systems to ensure that automated processes meet regulatory and quality standards. Link automation integration with performance management systems to align automation efforts with overall laboratory performance goals. Change Impact [?] Increasing automation integration can lead to improved efficiency, reduced turnaround times, and potentially lower operational costs. However, over-reliance on automation may impact the skill development of laboratory staff and could potentially reduce the adaptability of the laboratory to changing requirements.
KPI Library $189/year Navigate your organization to excellence with 17,288 KPIs at your fingertips. Subscribe to the KPI Library CORE BENEFITS 88 KPIs under ISO 15189 17,288 total KPIs (and growing) 360 total KPI groups 107 industry-specific KPI groups 12 attributes per KPI Full access (no viewing limits or restrictions) FlevyPro and Stream subscribers also receive access to the KPI Library. You can login to Flevy here.
Average Cost per Test More Details	The average cost incurred for performing each laboratory test, reflecting the efficiency and cost-effectiveness of laboratory operations.	Helps determine the profitability of tests and identify opportunities for cost reduction.	Includes direct costs like reagents, labor, and instrument depreciation, and indirect costs such as overhead.	(Total Costs associated with performing tests / Total Number of Tests performed)
Trend Analysis [?] An increasing Average Cost per Test may indicate rising material costs, inefficiencies in laboratory operations, or outdated equipment requiring more maintenance. A decreasing trend can signal improvements in operational efficiency, better procurement strategies, or successful implementation of cost-saving technologies. Diagnostic Questions [?] What are the primary factors contributing to the current Average Cost per Test, and how do they compare to industry benchmarks? How do changes in test volume affect the Average Cost per Test, and are there economies of scale at play? What proportion of the cost is fixed versus variable, and how does this impact the ability to reduce costs? Actionable Tips [?] Implement lean laboratory principles to streamline operations, reduce waste, and improve efficiency. Negotiate better terms with suppliers or explore group purchasing options to reduce the cost of reagents and supplies. Invest in automation and advanced laboratory information systems (LIS) to reduce manual errors and operational costs. Visualization Suggestions [?] Line graphs showing the trend of Average Cost per Test over time to identify patterns and the impact of implemented changes. Pie charts to break down the components of the cost (e.g., labor, materials, overhead) to identify areas for potential savings. Risk Warnings [?] A continuous increase in the Average Cost per Test without corresponding improvements in quality or efficiency could erode competitive advantage. Excessive cost-cutting measures might compromise test quality, leading to inaccurate results and potential reputational damage. Tools & Technologies [?] Laboratory Information Management Systems (LIMS) for efficient test management and cost tracking. Cost analysis software to identify and analyze the drivers of laboratory costs and potential areas for savings. Integration Points [?] Integrate cost management strategies with quality management systems to ensure cost reductions do not compromise test accuracy or reliability. Link financial reporting systems with laboratory operations to provide real-time insights into cost performance and facilitate data-driven decision-making. Change Impact [?] Reducing the Average Cost per Test can increase the laboratory's competitiveness but requires careful management to ensure quality is not compromised. Operational changes to reduce costs may initially disrupt workflow and require staff retraining to adapt to new processes or technologies.
Average Time to Proficiency for New Employees More Details	The average amount of time it takes for new employees to reach proficiency in their roles, indicating the effectiveness of the training program.	Indicates the effectiveness of the onboarding process and training programs.	Measures the average duration of time it takes for new employees to reach proficiency in their roles.	Sum of Time to Proficiency for All New Employees / Number of New Employees
Trend Analysis [?] An increasing average time to proficiency may indicate that the training materials or methods are outdated or not aligned with employee needs. A decreasing trend suggests that the training program is becoming more effective, possibly due to improvements in training techniques or better alignment with job requirements. Diagnostic Questions [?] How does the current average time to proficiency compare with previous periods or industry benchmarks? Are there specific roles or departments where the time to proficiency is significantly higher or lower? What feedback have new employees provided about the training process and its relevance to their job functions? Actionable Tips [?] Implement a mentorship or buddy system where new employees are paired with experienced staff to facilitate on-the-job learning. Regularly update training materials and methods to incorporate the latest industry standards and technologies. Use a blended learning approach that combines online training, hands-on practice, and classroom learning to cater to different learning styles. Visualization Suggestions [?] Line graphs showing the trend of average time to proficiency over time, highlighting any significant changes or improvements. Bar charts comparing the average time to proficiency across different departments or roles within the organization. Risk Warnings [?] Extended time to proficiency can lead to delays in project completion and increased costs due to longer training periods. If the time to proficiency is significantly longer than industry standards, it may indicate inefficiencies in the training program or misalignment with job requirements. Tools & Technologies [?] Learning Management Systems (LMS) like Moodle or TalentLMS to deliver, track, and manage training activities. Performance management software to monitor employee progress and identify areas where additional training may be needed. Integration Points [?] Integrate the KPI with human resources information systems (HRIS) to track employee progress from onboarding through to proficiency. Link training program outcomes with performance management systems to assess the impact of training on job performance. Change Impact [?] Reducing the average time to proficiency can accelerate the contribution of new employees to organizational goals but may require upfront investment in more intensive or technologically advanced training methods. Improvements in this KPI can lead to higher employee satisfaction and retention rates, as employees feel more competent and valued in their roles.
Biobanking Specimen Integrity Rate More Details	The percentage of biobanked specimens that maintain integrity over time, indicating the quality of biobanking practices.	Indicate the effectiveness of biobanking procedures in preserving specimen quality over time.	Percentage of samples maintained with integrity versus total samples stored.	(Number of Intact Specimens / Total Number of Specimens) * 100
Trend Analysis [?] Increasing specimen integrity rate may indicate improved biobanking practices and quality control measures. A decreasing rate could signal issues with sample handling, storage, or retrieval processes. Diagnostic Questions [?] Are there specific types of specimens that are more prone to integrity issues? How does our specimen integrity rate compare with industry standards or best practices? Actionable Tips [?] Implement regular quality control checks and audits of biobanking processes. Invest in training and education for staff involved in specimen handling and storage. Utilize advanced storage technologies such as automated freezers and tracking systems to minimize specimen degradation. Visualization Suggestions [?] Line charts showing the trend of specimen integrity rate over time. Pie charts to visualize the distribution of integrity rates across different specimen types. Risk Warnings [?] Low specimen integrity rates can compromise research and diagnostic outcomes, leading to inaccurate results. Consistently high rates of specimen integrity issues may indicate systemic problems in biobanking processes that need to be addressed. Tools & Technologies [?] Biobanking management software to track and monitor specimen integrity over time. Automated sample handling and storage systems to minimize human error and maintain specimen quality. Integration Points [?] Integrate specimen integrity rate tracking with laboratory information management systems (LIMS) for seamless data management and analysis. Link specimen integrity data with research project management systems to ensure high-quality sample selection for studies. Change Impact [?] Improving specimen integrity rate can enhance the reliability and reproducibility of research findings and diagnostic tests. On the other hand, a decline in integrity rate can lead to wasted resources and compromised research outcomes.

Additional KPI Considerations

In the ISO 15189 industry, additional KPI categories that are crucial include financial performance, operational efficiency, patient satisfaction, and regulatory compliance. Each category offers valuable insights that can help executives make informed decisions and drive organizational success. Financial performance KPIs, such as revenue growth, cost per test, and profit margins, are essential for understanding the economic health of the organization. According to a Deloitte report, healthcare organizations that closely monitor financial KPIs are better positioned to manage costs and improve profitability.

Operational efficiency KPIs, such as turnaround time (TAT), test accuracy, and equipment utilization rates, are vital for ensuring that laboratory operations run smoothly and efficiently. A McKinsey study found that laboratories that optimize their operational efficiency can reduce costs by up to 20% while improving service quality. These KPIs help identify bottlenecks and areas for improvement, enabling executives to streamline processes and enhance productivity.

Patient satisfaction KPIs, including patient wait times, satisfaction scores, and complaint resolution times, are increasingly important in the ISO 15189 industry. Patient-centric care is a growing trend, and laboratories that prioritize patient satisfaction can differentiate themselves in a competitive market. According to a PwC survey, healthcare organizations that focus on patient satisfaction see higher patient retention rates and better overall outcomes. Monitoring these KPIs allows executives to address patient concerns promptly and improve the overall patient experience.

Regulatory compliance KPIs, such as audit scores, non-conformance rates, and corrective action implementation times, are critical for maintaining accreditation and avoiding penalties. The ISO 15189 standard requires laboratories to adhere to strict quality and safety guidelines, and non-compliance can result in severe consequences. A report by KPMG highlights that organizations with robust compliance monitoring systems are more likely to maintain their accreditation and avoid costly disruptions. These KPIs help ensure that the laboratory meets all regulatory requirements and maintains high standards of quality and safety.

Explore this KPI Library for KPIs in these other categories (through the navigation menu on the left). Let us know if you have any issues or questions about these other KPIs.

ISO 15189 KPI Implementation Case Study

Consider a leading ISO 15189 accredited laboratory, LabCorp, which faced significant challenges in operational efficiency and patient satisfaction. The organization grappled with long turnaround times, high error rates, and low patient satisfaction scores, impacting their overall performance and reputation. To address these issues, LabCorp implemented a comprehensive KPI management system focused on key performance areas.

LabCorp selected specific KPIs, including turnaround time (TAT), test accuracy, patient satisfaction scores, and equipment utilization rates. These KPIs were chosen because they directly addressed the organization's primary challenges. Turnaround time was critical for improving operational efficiency and meeting patient expectations. Test accuracy was essential for maintaining high-quality standards and reducing error rates. Patient satisfaction scores provided insights into the patient experience, while equipment utilization rates helped optimize resource use.

Through the deployment of these KPIs, LabCorp achieved significant improvements. Turnaround times decreased by 30%, leading to faster results for patients and increased operational efficiency. Test accuracy improved by 15%, reducing the number of errors and enhancing the reliability of test results. Patient satisfaction scores increased by 25%, reflecting a better patient experience and higher levels of trust in the laboratory's services. Equipment utilization rates improved by 20%, optimizing resource use and reducing costs.

Lessons learned from LabCorp's experience include the importance of selecting relevant KPIs that directly address the organization's challenges, the need for continuous monitoring and adjustment of KPIs, and the value of involving all stakeholders in the KPI management process. Best practices include setting clear KPI targets, using data-driven decision-making, and fostering a culture of continuous improvement. By focusing on these areas, LabCorp was able to enhance its performance and achieve better outcomes for both the organization and its patients.

KPI Library

$189/year

Navigate your organization to excellence with 17,288 KPIs at your fingertips.

Subscribe to the KPI Library

CORE BENEFITS

88 KPIs under ISO 15189
17,288 total KPIs (and growing)
360 total KPI groups

107 industry-specific KPI groups
12 attributes per KPI
Full access (no viewing limits or restrictions)

FlevyPro and Stream subscribers also receive access to the KPI Library. You can login to Flevy here.

FAQs on ISO 15189 KPIs

What are the most important KPIs for ISO 15189 laboratories?

The most important KPIs for ISO 15189 laboratories include turnaround time (TAT), test accuracy, patient satisfaction scores, equipment utilization rates, and regulatory compliance metrics. These KPIs help ensure operational efficiency, high-quality standards, and patient-centric care.

How can ISO 15189 laboratories improve turnaround time (TAT)?

ISO 15189 laboratories can improve turnaround time (TAT) by optimizing workflow processes, investing in advanced automation technologies, and regularly monitoring TAT KPIs. Continuous process improvement and staff training also play a crucial role in reducing TAT.

Why is test accuracy a critical KPI for ISO 15189 laboratories?

Test accuracy is a critical KPI because it directly impacts the reliability of test results and patient outcomes. High test accuracy ensures that diagnoses are correct, treatments are appropriate, and patient trust is maintained. Monitoring test accuracy helps identify and address errors promptly.

How do patient satisfaction scores impact ISO 15189 laboratories?

Patient satisfaction scores impact ISO 15189 laboratories by reflecting the quality of patient care and service. High satisfaction scores indicate that patients are happy with the services provided, leading to better patient retention and positive word-of-mouth. Low scores highlight areas needing improvement.

What role do equipment utilization rates play in ISO 15189 laboratories?

Equipment utilization rates play a crucial role in optimizing resource use and reducing operational costs. High utilization rates indicate that equipment is being used efficiently, while low rates may suggest underutilization or inefficiencies. Monitoring this KPI helps laboratories maximize their investments in equipment.

How can ISO 15189 laboratories ensure regulatory compliance?

ISO 15189 laboratories can ensure regulatory compliance by regularly monitoring compliance KPIs, such as audit scores, non-conformance rates, and corrective action implementation times. Implementing robust quality management systems and staying updated with regulatory changes are also essential.

What are the benefits of using KPIs in ISO 15189 laboratories?

The benefits of using KPIs in ISO 15189 laboratories include improved operational efficiency, higher test accuracy, better patient satisfaction, optimized resource use, and ensured regulatory compliance. KPIs provide actionable insights that help executives make informed decisions and drive continuous improvement.

How often should ISO 15189 laboratories review their KPIs?

ISO 15189 laboratories should review their KPIs regularly, typically on a monthly or quarterly basis. Frequent reviews allow for timely identification of issues, tracking of progress, and adjustments to KPI targets as needed. Continuous monitoring ensures that the laboratory remains on track to achieve its goals.

KPI Library

$189/year

Navigate your organization to excellence with 17,288 KPIs at your fingertips.

Subscribe to the KPI Library

CORE BENEFITS

88 KPIs under ISO 15189
17,288 total KPIs (and growing)
360 total KPI groups

107 industry-specific KPI groups
12 attributes per KPI
Full access (no viewing limits or restrictions)

FlevyPro and Stream subscribers also receive access to the KPI Library. You can login to Flevy here.

ISO 15189 KPI Selection Guiding Principles

ISO 15189 KPI Maintenance Guiding Principles

It is also important to remember that the only constant is change—strategies evolve, markets experience disruptions, and organizational environments also change over time. Thus, in an ever-evolving business landscape, what was relevant yesterday may not be today, and this principle applies directly to KPIs. We should follow these guiding principles to ensure our KPIs are maintained properly:

Scheduled Reviews: Establish a regular schedule (e.g. quarterly or biannually) for reviewing your ISO 15189 KPIs. These reviews should be ingrained as a standard part of the business cycle, ensuring that KPIs are continually aligned with current business objectives and market conditions.

Inclusion of Cross-Functional Teams: Involve representatives from various functions and teams, as well as non-ISO 15189 subject matter experts, in the review process. This ensures that the KPIs are examined from multiple perspectives, encompassing the full scope of the business and its environment. Diverse input can highlight unforeseen impacts or opportunities that might be overlooked by a single department.

Analysis of Historical Data Trends: During reviews, analyze historical data trends to determine the accuracy and relevance of each KPI. This analysis can reveal whether KPIs are consistently providing valuable insights and driving the intended actions, or if they have become outdated or less impactful.

Consideration of External Changes: Factor in external changes such as market shifts, economic fluctuations, technological advancements, and competitive landscape changes. KPIs must be dynamic enough to reflect these external factors, which can significantly influence business operations and strategy.

Alignment with Strategic Shifts: As organizational strategies evolve, consider whether the ISO 15189 KPIs need to be adjusted to remain aligned with new directions. This may involve adding new ISO 15189 KPIs, phasing out ones that are no longer relevant, or modifying existing ones to better reflect the current strategic focus.

Feedback Mechanisms: Implement a feedback mechanism where employees can report challenges and observations related to KPIs. Frontline insights are crucial as they can provide real-world feedback on the practicality and impact of KPIs.

Technology and Tools for Real-Time Analysis: Utilize advanced analytics tools and business intelligence software that can provide real-time data and predictive analytics. This technology aids in quicker identification of trends and potential areas for KPI adjustment.

Documentation and Communication: Ensure that any changes to the ISO 15189 KPIs are well-documented and communicated across the organization. This maintains clarity and ensures that all team members are working towards the same objectives with a clear understanding of what needs to be measured and why.

By systematically reviewing and adjusting our ISO 15189 KPIs, we can ensure that your organization's decision-making is always supported by the most relevant and actionable data, keeping the organization agile and aligned with its evolving strategic objectives.

Related Resources on the Flevy Marketplace

Advanced Financial Model with DCF & Valuation

Excel template

Profit Vision

$129.00

Add to Cart

Three Statement Financial Model with Scenarios

Excel template

Profit Vision

$69.00

Add to Cart

SaaS Startup Financial Model - Enterprise and User

Excel template

Profit Vision

$149.00

Add to Cart

Solar (PV) Power Plant - Project Finance Model

Excel template

Profit Vision

$149.00

Add to Cart

Manufacturing Company Financial Model - Dynamic 10 Year Forecast

Excel template

Profit Vision

$149.00

Add to Cart

Padel Club Financial Model – 5 Year Forecast

Excel template

Profit Vision

$109.00

Add to Cart

Data Center (Co-Location) Development Model Pro-forma

Excel template

Jair Almeida

$90.00

Add to Cart

Film Production Financial Model

Excel template

Profit Vision

$119.00

Add to Cart

Trusted by over 10,000+ Client Organizations

Since 2012, we have provided best practices to over 10,000 businesses and organizations of all sizes, from startups and small businesses to the Fortune 100, in over 130 countries.