November 1998

SBCL Makes System-Wide Commitment To AutoPap

SOMEONE ALWAYS HAS TO BE FIRST to adopt new technology. In the case of automated cytology, it will be SmithKline Beecham Clinical Laboratories (SBCL). SBCL and NeoPath, Inc. announced a four-year national agreement between the two companies on October 9 which will eventually allow SBCL to process 100% of its annual Pap smear volume using […]

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PathSOURCE Is Newest Pathology Consolidator

Pathology Trends / Robert Michel

CEO SUMMARY: Based in New York, PathSOURCE becomes the newest pathology network and services company to hit the market. PathSOURCE’s organizers want to link “best in class” dermatopathologists and academic pathology subspecialists to compete for outreach pathology specimens. PathSOURCE is further marketplace evidence that pathologists must innovate or find themselves underutilized. WITH THE GOAL OF

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Lab Specialists Acquired By Kroll-O’Gara Company

Laboratory Management / Robert Michel

CEO SUMMARY: Laboratory Specialists of America has demonstrated a multi-year capability to increase revenues and boost earnings. The merger with Kroll-O’Gara provides it with ample capital to intensify its own acquisition program. One key to Laboratory Specialists’ success is its recognition that it is in a service industry, not a test results industry. Client service

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Bankruptcy Court Okays Unilab’s Offer For Meris

Laboratory Management / Robert Michel

CEO SUMMARY: Meris Laboratories, Inc. is now history. California’s intense competitive market pushed the company into bankruptcy and eventual sale to Unilab, Inc. Even as Unilab moves to consolidate and integrate Meris’ clients and operations into its system, attention is focusing on BioCypher Laboratories. Observers believe this troubled laboratory may be next on the chopping

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“November 9, 1998 Intelligence: Late Breaking Lab News”

Late Breaking Lab News / Robert Michel

HBO & Co. is the latest to fall victim to consolidation mania. McKesson, Inc. is purchasing HBO for $14 billion in stock. McKesson wants to complement its services as a pharmacy benefits manager with HBO’s extensive health information system capabilities. Combined, the two companies will have more than $21.0 billion in annual revenue. MORE ON:…HBO

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