Month: June 2001

Managed Care’s Next Evolutionary Step

MANAGED CARE IS IN THE MIDST OF SHIFTING from a volume-buying discount club to a value-added partner in healthcare. During the past two years, THE DARK REPORT has identified developments in the marketplace supporting this trend and provided these insights to our clients and regular readers. Further proof of this shift in the business model …

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LIS Sales Decline in 2000 As Labs Shift Emphasis

CEO SUMMARY: THE DARK REPORT’S annual ranking of the Top Ten LIS Vendors reveals that sales of new LIS products declined for the second consecutive year. This is evidence that the influence of multi-hospital health systems is changing the way LIS is purchased and implemented. It is also evidence that LIS buyers are moving with …

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Esoterix, Johnson & Johnson, Medtronic, California Hospitals, Myriad Genetics

ESOTERIX, INC. LAUNCHES TEST REPORTS VIA WEB BROWSER WEB-ACCESSED LAB TEST REPORTING is now available at Esoterix, Inc., based in Austin, Texas. The accomplishment represents a major milestone for the lab company. It now has a common lab test reporting capability that draws data from all its specialty testing divisions. Esoterix was formed several years …

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Patients “Bypassing” Doctors To Order Tests From Labs

FOR THE SECOND TIME IN eight weeks, the Wall Street Journal (WSJ) has a printed a prominent story about trends in laboratory testing. Last Friday, June 8, 2001, the WSJ’s “Health Journal” column featured a story entitled “Patients Bypass Doctors to Get Medical Tests Directly From Labs.” Trigger to this story was the fact that …

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UnitedHealth Using Lab Data To Improve Health Outcomes

CEO SUMMARY: Managed Care is shifting into a new operational model that places prime emphasis on using clinical information to drive improvements in the quality of healthcare. At UnitedHealth Group, one of the nation’s largest health insurers, early efforts to analyze clinical data have stimulated worthwhile improvements in physician treatment patterns. Laboratory Corporation of America …

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Investors Pump $107 Million Into Unilab’s Stock Offering

HERE’S ENCOURAGING NEWS for owners of independent regional laboratories: investors on Wall Street continue to like the laboratory business…a lot! Latest confirmation of this fact came on June 6, when Unilab Corporation of Tarzana, California funded its initial public offering (IPO). Unilab sold 6.7 million shares at $16 per share, raising a total of $107.2 …

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University of Minnesota Pathologists Organize Tissue Archives

CEO SUMMARY: Pathologists at the University of Minnesota Medical School are working to create an electronic data base that covers the more than 100 years of autopsy cases that have been archived and stored. Their goal is to use this information to improve teaching and to further research into the evolving nature of many diseases. …

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“June 11, 2001 Intelligence: Late Breaking Lab News”

Here’s a late-breaking story: Tropical Storm Allison hammered Houston and East Texas over the weekend. More than 30 inches of rain caused wide-spread flooding in the Houston Metropolitan Area. Hospitals in the Medical Center were hard hit. Memorial Hermann Hospital closed on Saturday and all 540 patients were moved. It was the first time since …

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