How to Start a Pathology Lab?

 Start Your Own Pathology Lab in 2021

Pathology, which is the study of disease, needs a lab where Pathologists can interpret biopsy, monitor laboratory testing, and interpret laboratory tests into results patients can understand.


So, if you're a pathologist, who is on the verge of starting a pathology lab in Nigeria, Ghana, Cameroon, Côte d'Ivoire, Togo, or any country in the world, there are measures and processes involved in starting a pathology lab.

By the end of this article, you will have enough information and knowledge to guide you in starting a pathology lab.

 

 

Is Starting a Pathology Lab Lucrative?

Research has it, that, approximately 70 per cent of all treatment conclusions are based on pathology results, worldwide. So, setting up your lab for your pathology business is a very lucrative idea.

A pathological business is done with the utmost assessment, care, and experience. This is one industry where the focus on the customers is paramount.

Before starting a pathology lab, ensure you have the license, right team, the right equipment, and drive to ensure customers love to patronize, and even refer their friends and family to your lab.

In summary, starting a pathology lab that is capable of carrying out tests, and giving reliable and relevant results, is a lucrative idea to implement.

5 Steps to Starting a Pathology Lab

• Planning - This is a necessity when trying to start your pathology lab. Planning allows you to map out strategic plans and decisions you would need to carry out from start to finish before spending a dime on starting your pathology lab. You don't want to start a pathology lab in a location where there are a dozen pathology labs, deal with unreliable or mediocre suppliers for your pathology lab equipment's, and surely, you don't want to lose a customer or bag a lawsuit for giving out an inaccurate result to your patients. 

So, planning is very essential when thinking of starting your pathology lab. 

• Acquire the Necessary License - The medical industry as a whole focuses on safety, quality, and durability when dealing with patients or clients. The reports issued from an unlicensed lab are considered illegal and could lead to shutting down your pathology lab, revoking your license as a medical practitioner, and even a lawsuit case.  

    This is so because as health practitioner's you deal with the lives of people. And in a scenario as such, you don't joke or make mistakes, because it could cost an innocent patient's life. 

 

• Register a Business Name - To operate as a legal entity, you will need to get your business registered, so, you can operate legally without problems from the government. 

• Raise Capital - Monies would be to fund your business operations and purchase assets. You will require capital to get a property you want to turn in a laboratory, buy equipment, hire staff, and market your business in the right places. 

• Purchase Equipment - A pathology lab can not be run without adequate medical equipment to help you, the pathologists create a laboratory people trust and will recommend.

At the planning stage, it is wise to make a list of all equipments you feel will make your laboratory top-notch and helps patients with solutions they need to be solved. 

Common types of equipment needed in a pathology lab include:

• Laboratory stirrer
• Centrifuge tube
• Micro-centrifuge tube
• Needle cutters and destroyers 
• Lab shakers

How much does starting a Pathology Lab Costs?

The cost of starting your own pathology lab will depend on not just registering a business but on factors such as location, size, software management, staff procurement, infrastructure, machinery and desired customer size. 

In order to get an estimate of how much it is going to cost you to start a pathology lab, make a list of - 

• The location you want to either buy or rent a property, and the average price you can get what you need at that location.  
• How many staff you want to work with and how much their monthly salary is going to be. 
• Necessary equipment needed in a pathology lab, and their prices. 
• Office equipment that is needed for easy and comfortable staff operation. 
• Suppliers you are going to be working with, and their quote. 

Where Can I get Suppliers for my Pathology Lab? 

Koeman Group is a company with a reputation for supplying reagents and laboratory equipment in West Africa. We supply our clientele with what they need, and at the best price possible. Also, we have a team of friendly customer service representatives and marketers hanging by their phones to speak with you to get you started rolling with starting and managing a pathology lab. 

[Contact us now for more information ]

Conclusion

Starting a pathology lab is not simple but it is easy and lucrative if you plan out correctly, use the right suppliers, choose the right location and offer a service that your clientele love.