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February 2002

Will Esoteric Testing Soon Undergo Consolidation?

WITH EACH INSTANCE OF LAB CONSOLIDATION, the commercial lab sector of theĀ laboratory industry comes closer to a true duopoly. Economists define duopoly as a market substantially controlled by two companies. Economists believe that a duopolistic market shares many characteristics of a monopolistic market. Of course, in the clinical lab industry, the likely candidates for a […]

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More Consolidation: Quest Acquires AML

CEO SUMMARY: In December, American Medical Laboratories, Inc. (AML) was preparing a second attempt to raise capital through an initial public offering (IPO). But a tempting purchase offer by Quest Diagnostics Incorporated led to a decision by AMLā€™s owners to sell the company. This transaction is reminiscent of Quest Diagnosticsā€™ bold move to buy SmithKline

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Lab Automation Subject Of ā€œHow Toā€ Program

CEO SUMMARY: Mastering lab automation is more difficult than it appears. The first-ever ā€œLab Automation Boot Campā€ is assembling experienced lab administrators who have experience (and scars) in automation and are committed to telling the real story about making automation successful. Itā€™s a ā€œno-spin zoneā€ where truth is the goal and there is balanced reporting

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How Dr. Al Nichols Changed The Lab Testing Marketplace

CEO SUMMARY: At a time when lab testing meant routine assays performed within a few miles of the collection, Albert L. Nichols, M.D. envisioned a centralized national laboratory devoted to performing specialized, highly-complex testing to clinicians everywhere. Not only did his vision become the reality of the lab we know today as Nichols Institute, but

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Hospital Mergers Decline For Third Consecutive Year

MERGERS AND ACQUISITIONS involving hospitals declined for the third straight year, according to Modern Healthcareā€™s eighth annual study of hospital consolidation activity. During 2001, there were only 272 hospitals involved in mergers or acquisitions.Ā This is a 14% decline from the 318 hospitals involved in M&A deals during 2000. Modern Healthcare also determined that the total

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ARUP Labs, ProxyMed, Unilab, Quest Diagnostics, Ventana, , Misys Molecular Diagnostics, WebMD, Varian

ARUP TO USE PROXYMED FOR BROWSER-BASED TEST ORDERS & RESULTS ARUP LABORATORIES, INC. and ProxyMed, Inc. signed an agreement that makes ProxyMedā€™s ProxyLabSM the preferred product for browser-based lab test ordering between physicians and ARUPā€™s hospital clients. The two companies will jointly market this product. It is designed to allow physicians to both electronically order

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“February 18, 2002 Intelligence: Late Breaking Lab News”

Lab execs and pathologists should pay close attention to this fact: Internet use by Americans significantly increased again last year. The Commerce Department reported that. as of September, 143 million people in the U.S. were using the Internet. This is 54% of the population and represents an increase of 26% from one year earlier. E-mail

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