Month: November 2001

“November 26, 2001 Intelligence: Late Breaking Lab News”

Here’s clear evidence that laboratories will play a big role in healthcare’s future. AMIDEX Funds, Inc. just launched the first index-based mutual fund that focuses on cancer companies. Called “AMIDEX Cancer Innovations and Healthcare Mutual Fund” (symbol: CNCRX), it holds investments in 45 pharmaceutical, biotechnology, and medical device companies. Clinical lab industry vendors such as …

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Sunquest, Towers Perrin, Aetna, Quest Diagnostics, Roche Diagnostics, Careside

SUNQUEST REAFFIRMS LONG-TERM COMMITMENT TO COPATHPLUS PRODUCT EXPECT A FASCINATING competitive battle in the market for anatomic pathology software now that Cerner Corporation is acquiring Dynamic Healthcare Technologies, Inc. (DHT) DHT is the developer and owner of CoPathPlus™ , used by many pathology group practices around the country. One authorized reseller of CoPathPlus is Sunquest …

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Hermann Lab Rebuilt in Weeks, Reopens With Entire Hospital

REBUILDING AN ENTIRE HOSPITAL laboratory on a crash basis is a rare occurrence. But in just six weeks, the lab team at Houston’s Memorial Hermann Hospital accomplished that feat. In June, tropical storm Allison dropped 36 inches of rain on Houston in just two days. One casualty of the widespread flooding was Hermann’s laboratory, located …

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Beckman Coulter Positions Itself For Biotech Testing Continuum

CEO SUMMARY: Here’s a little-known side to diagnostics giant Beckman Coulter Inc. Its efforts to expand into the fields of biomedical R&D and clinical research is a strategic shift designed to give it early access to promising technology that could be introduced into the clinical diagnostics marketplace. In this exclusive interview, John (Jack) Wareham, Chair, …

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Do GPOs Encourage Supplier Oligopolies?

WITHIN A FEW MONTHS, political insiders say two senators will hold public hearings about the business practices of hospital group purchasing organizations (GPO). This will be the first time for GPOs to face this type of congressional scrutiny. The senators want to investigate whether GPOs have negatively affected competition among medical device and hospital supply …

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Largest Hospital Lab JV Making Steady Progress

CEO SUMMARY: It’s a daunting task to rationalize and integrate lab testing services among 21 hospitals spread out between Eastern Wisconsin and the south side of Chicago. Since the joint venture was announced April 2000, management initiatives have generated lower costs. But the number one obstacle to faster progress has turned out to be information …

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ProxyMed & Medscape Select Atlas LabWorks™

CEO SUMMARY: ProxyMed and MedScape just announced contracts with Atlas Development Corporation. Both companies will integrate Atlas LabWorks™ for electronic test ordering and results reporting into software products they sell to labs and physicians’ offices. Such collaborations again illustrate the importance of a competitive solution for electronic lab test ordering and reporting. THERE’S A NEW …

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Labs in NY & Wash, DC Get Anthrax Test Orders

CEO SUMMARY: In both New York City and Washington, DC, widespread publicity about exposure to anthrax generated a steady volume of test requests. Clinical labs in both cities adopted similar management strategies to deal with the sudden public interest in anthrax testing. One common step was to send detailed information about anthrax testing to physician …

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New Legal Trends Now Affecting Pathologists

CEO SUMMARY: During the past 36 months, quiet and significant changes have occurred to certain legal issues involving anatomic pathology services. The resulting new environment exposes pathology groups to different types of threats, particularly to their sources of income. This intelligence briefing launches a new series concerning the law and pathology. WITHOUT MUCH ATTENTION or …

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Pricing Models and RFP Terms For Web Orders and Results

CEO SUMMARY: Browser-based systems for lab test ordering and results reporting are now offered by a growing number of vendors. Early adopter labs are successfully acquiring these systems and offering them to their physician-clients. In this third installment of our special series, Cory Fishkin explains how to develop effective RFPs (Request For Proposals). He also …

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