--- title: NMG | COVID-19 Strategy Considerations --- [![logo nmg](https://nicholsmanagementgroup.com/hubfs/nmg_logo-01.svg)](https://www.nicholsmanagementgroup.com/?hsLang=en) ![](https://nicholsmanagementgroup.com/hubfs/NMG/images/svg/mobile-toggler.svg) - [Home](https://www.nicholsmanagementgroup.com/?hsLang=en) - Services [Strategic Planning](https://nicholsmanagementgroup.com/strategic-planning?hsLang=en) [Management Services](https://nicholsmanagementgroup.com/management-services?hsLang=en) [Operations & Performance Improvement](https://nicholsmanagementgroup.com/operations-and-performance-improvement?hsLang=en) [Mergers & Acquisitions](https://nicholsmanagementgroup.com/mergers-and-acquisitions?hsLang=en) [Outreach Business Development](https://nicholsmanagementgroup.com/outreach?hsLang=en) [Cost Savings](https://nicholsmanagementgroup.com/cost-savings?hsLang=en) [Revenue Cycle Management](https://nicholsmanagementgroup.com/revenue-cycle-management?hsLang=en) [Test Utilization Management](https://nicholsmanagementgroup.com/test-utilization-management?hsLang=en) [Information Technology](https://nicholsmanagementgroup.com/information-technology?hsLang=en) [Services Brochure](https://nicholsmanagementgroup.com/brochures/download-the-nmg-brochure?hsLang=en) - [Who We Work With](https://nicholsmanagementgroup.com/clients?hsLang=en) - Resources [Industry Links](https://nicholsmanagementgroup.com/industry-links?hsLang=en) - About [About NMG](https://nicholsmanagementgroup.com/about?hsLang=en) [Founder](https://nicholsmanagementgroup.com/founder?hsLang=en) [Team & Key Leaders](https://nicholsmanagementgroup.com/consultants-key-opinion-leaders?hsLang=en) - Contact [Contact Us](https://nicholsmanagementgroup.com/contact?hsLang=en) [Request Consulting Services](https://nicholsmanagementgroup.com/request-for-consulting-services?hsLang=en) [Partnership Inquiry](https://nicholsmanagementgroup.com/partnership-inquiry?hsLang=en) [Request Key Leader Engagement](https://nicholsmanagementgroup.com/request-for-key-opinion-leader-engagements?hsLang=en) ![covid_header](https://nicholsmanagementgroup.com/hubfs/covid_header.jpg) # COVID-19 Laboratory Strategy Considerations ![Screen Shot 2020-11-08 at 9-29-35 PM](https://nicholsmanagementgroup.com/hubfs/Screen%20Shot%202020-11-08%20at%209-29-35%20PM.png) ### Developing Your COVID-19 Strategy When the healthcare world [changes abruptly](https://www.npr.org/sections/health-shots/2020/04/02/826232423/covid-19-hits-some-health-care-workers-with-pay-cuts-and-layoffs), your strategy needs to change too. Our experts, in combination with our experiences managing laboratories dealing with COVID-19 and industry experience, have created a guide to help you understand the considerations you should be making related to your COVID-19 strategy. **[Download our guide by clicking this link](https://nicholsmanagementgroup.com/hubfs/COVID-Overview-Deck-Public-Version.pdf?hsLang=en)[.](https://www.nicholsmanagementgroup.com/wp-content/uploads/2020/04/COVID-Overview-Deck-Public-Version.pdf?hsLang=en)** ### Stay tuned for insights and strategies As our team assesses the impact of COVID-19 on laboratory operations, we’ll be publishing updates. Volume, TAT, Staffing, Equipment, and more will require a complete rethink to ensure stable operations through this uncertain time. #### For all strategic options, NMG will take a tactical approach and review multiple potentially affected factors: - Future volumes - Current and future locations within the system network - Integration and consolidation opportunities - Equipment standardization opportunities - Employee engagement - Standard workflow and process improvement opportunities - Partnership opportunities - Health care reform - Regulatory requirements - Reimbursement changes (PAMA) - Information Technology requirements - Capital demands ### Get more information ## What people say NMG developed a staffing plan for reduced volumes using NMG’s Labscore database and industry benchmarking. Working with lab management and finance a transition staffing plan was developed which required a 30% reduction in FTEs due to a 40% drop in volumes. ![Group-6](https://nicholsmanagementgroup.com/hs-fs/hubfs/Group-6.png?height=68&name=Group-6.png) NMG developed a staffing plan for reduced volumes using NMG’s Labscore database and industry benchmarking. Working with lab management and finance a transition staffing plan was developed which required a 30% reduction in FTEs due to a 40% drop in volumes. ![Group-6](https://nicholsmanagementgroup.com/hs-fs/hubfs/Group-6.png?height=68&name=Group-6.png) ![footer logo](https://nicholsmanagementgroup.com/hubfs/nmg_logo-01.svg) © 2025 Nichols Management Group. All rights reserved. P.O. Box 1288 571 York St. York Harbor, 03911 ### Contact: ![icon phone](https://nicholsmanagementgroup.com/hubfs/NMG/images/svg/icon-phone.svg) [Call](tel:2073638230) ![icon mail](https://nicholsmanagementgroup.com/hubfs/NMG/images/svg/icon-mail.svg) [Email](mailto:info@nicholsmanagementgroup.com) ### Subscribe to our newsletter