Labcorp launches AI-powered Test Finder for simplified lab test selection.

Labcorp has launched Test Finder, a generative AI tool developed with Amazon Web Services. The tool simplifies lab test selection by allowing healthcare providers to ask questions or describe conditions in plain language and receive curated test recommendations. This enhances the user experience and frees up time for patient care, as laboratory testing plays a critical role in healthcare, informing nearly 70% of clinical decisions.

Labcorp (NYSE: LH), a global leader in comprehensive laboratory services, has introduced Test Finder, a pioneering generative AI tool developed in collaboration with Amazon Web Services (AWS). This innovative tool aims to streamline lab test selection by enabling healthcare providers to ask questions or describe conditions in plain language and receive curated test recommendations.

According to Dr. Brian Caveney, Labcorp's chief medical and scientific officer, the tool is designed to ease the administrative burden on clinicians, allowing them to focus more on patient care. Laboratory testing is a critical component of healthcare, informing nearly 70% of clinical decisions and often serving as the first step in diagnosing and managing patient conditions. However, providers currently spend more than three hours a day on tasks such as documentation and test ordering, time that could be better spent with patients [1].

Test Finder leverages Amazon Bedrock and large language model (LLM) technology to provide a faster, more intuitive way to navigate complex test menus, conduct research, and identify the right tests. The tool offers access to thousands of lab tests across various therapeutic areas, including oncology, women's health, neurology, and autoimmune diseases, and is available 24/7 on Labcorp.com [1].

Dr. Rowland Illing, global chief medical officer at AWS, underscored the transformative power of responsible generative AI in healthcare. By using AWS' enterprise-grade AI infrastructure and HIPAA-compliant security controls, Labcorp is revolutionizing how healthcare providers access comprehensive diagnostic information, enabling faster decisions that can directly impact patient care outcomes [1].

Bola Oyegunwa, Ph.D., Labcorp's chief information and technology officer, highlighted how the integration of generative AI not only improves the provider experience but also lays the foundation for smarter, more connected healthcare solutions that scale with the needs of customers [1].

Labcorp anticipates sharing additional updates and announcements related to Test Finder in the coming weeks. For more information, visit www.labcorp.com [1].

References:
[1] https://www.marketscreener.com/news/labcorp-introduces-test-finder-a-first-of-its-kind-generative-ai-tool-to-simplify-lab-test-search-ce7c5fdfda8af227