July 2001

Lab Competitors Form Common Test Data Repository for Doctors

Laboratory Information Systems / By Robert Michel

CEO SUMMARY: Integrated hospital systems, government health plans and private insurers can frequently threaten the status quo for commercial laboratories in both the United States and Canada. Motivated by the desire to offer greater value, two commercial lab companies in British Columbia collaborated to pool their lab test data in a system called “PathNET.” The …

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Hospital Association Studies Nurse & Lab Staffing Issues

Laboratory Management / By Robert Michel

WIDESPREAD PUBLICITY about the nursing shortage is not coincidence. The American Hospital Association (AHA) is making “staffing relief” a primary reason why the current Congress should increase reimbursement and provide funding for training and recruiting healthcare workers. A variety of studies have looked at nursing vacancies and changes to the total number of registered nurses in …

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Bio-Reference Labs, Sunquest, Beckman Coulter, Vysis

Clinical Laboratory / By Robert Michel

BIO-REFERENCE LABS REPORTS STRONG GROWTH IN REVENUE & EARNINGS LIKE MOST PUBLIC LAB COMPANIES, the financial news continues to be good at Bio-Reference Laboratories, Inc., based in Elmwood Park, NJ. For second quarter ending April 30, 2001, the lab reported revenues of $19.8 million, an increase of 22% over revenues of $16.3 million for same …

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“July 2, 2001 Intelligence: Late Breaking Lab News”

Late Breaking Lab News / By Robert Michel

Late last week DIANON Systems, Inc. announced it had signed a definitive agreement to acquire UroCor, Inc., based in Oklahoma City. In recent years, the two companies have competed intensely for case referrals from urologists. Valued at $180 million, the deal is expected to close by the end of 2001, subject to approval by shareholders …

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