Clinical Lab 2.0 puts labs at the forefront of better healthcare delivery, through an innovative new business model. The world of health care is changing and the transactional model – lab 1.0 – predominantly used is fast becoming obsolete. Clinical Laboratory 2.0 is a new business model to make labs thrive in the value-based healthcare economy. It emphasizes the demonstration of how the laboratory adds value to patient care as a critical clinical and business model for re-engineering the laboratory’s role in the health care system.