This webinar will feature three expert speakers of the Working Group Laboratory Errors and Patient Safety of the IFCC addressing the critical role of laboratory medicine in improving patient safety and clinical outcomes through error reduction and Quality Indicator (QI) monitoring. The session will provide insights into the updated WG-LEPS guidelines, focusing on their implementation to enhance safety and efficiency in laboratory practices while overcoming challenges such as data accessibility. A special focus will be on the monitoring of timely communication of critical values, a cornerstone of patient safety and compliance with ISO15189 standards. The session will explore the challenges of standardizing alert systems and communication methods to ensure consistency and reliability across laboratories. Additionally, the webinar will highlight the importance of value-based laboratory medicine, emphasizing patient-centered approaches, innovative practices, and sustainable strategies to optimize healthcare delivery. Attendees will gain practical tools and strategies to foster a culture of safety, quality, and value in laboratory operations.