Month: October 2002

“October 28, 2002 Intelligence: Late Breaking Lab News”

IBM continues to muscle its way into healthcare informatics using the concept of “grid computing.” It’s already working with the University of Pennsylvania to create a computer network and data repository that will store mammograms and allow a patient’s past mammograms to be retrieved for study at any of several participating clinics. This month IBM …

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Disease Management Relies On Lab Testing

CEO SUMMARY: Predictions are that 30% of large corporations will offer disease management programs for their employees by the end of next year. Disease management seems to be the next form of managed care, where prevention and early detection are the primary goals. Laboratories should be alert for opportunities to add value to these programs. …

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HCA, Tenet , Specialty Labs

HCA WANTS TO BUY HEALTH MIDWEST FOR $1.25 BILLION FOR-PROFIT HOSPITAL BEHEMOTH HCA Inc. announced an agreement in principal to acquire Health Midwest, a 14-hospital system based in Kansas City, Missouri. Subject to further negotiations and due diligence, HCA will pay an estimated $1.25 billion for Health Midwest. HCA also committed to a five-year capital …

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Why Do Michigan Hospital Labs “Have it Together?

WHAT MAKES HOSPITAL LABORATORY ADMINISTRATORS AND PATHOLOGISTS in Michigan so willing to be both innovative and collaborative in creating sophisticated and financially successful regional laboratory organizations? As you will read on pages 2-6, Michigan Co-Tenancy Laboratory (MCL), founded in 1997, is owned by 17 competing hospitals and provides shared testing services to more than 30 …

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Hospitals in Michigan Build Unique Shared Lab

CEO SUMMARY: This operational model for a collaborative regional laboratory organization makes “profit” irrelevant. Serving 30 hospitals in four Midwestern states, Michigan Co-Tenancy Laboratories is consistently expanding lab testing services, lowering costs, and emphasizing the laboratory’s contribution to better patient care in participating hospitals. WORKING QUIETLY and without much fanfare during the last 17 years, …

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MT/MLT Training Insights From Calif. University

CEO SUMMARY: Laboratory administrators from 15 San Francisco Bay Area hospitals recently approached their CEOs and requested a five-year funding commitment of $1.5 million to train and expand the supply of CLSs and MTs. One key element in this effort was the enthusiastic support of those local colleges and universities willing to restart dormant laboratory …

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Major Changes at Dade Behring Soon to Be Visible In Lab Market

Its recent financial restructuring now complete, Dade Behring prepares a “brand building” campaign CEO SUMMARY: Dade Behring is poised to become a tough and high-profile competitor in the laboratory diagnostics marketplace. Earlier this month, it finalized a major financial restructuring. Following two years of negotiations with its banks and bondholders, Dade filed a “pre-pack- aged” …

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New Efforts to Boost Supply of MTs & MLTs

CEO SUMMARY: Most laboratorians are acutely aware that the nation’s pool of trained medical technicians and medical technologists is shrinking even as growing numbers of baby-boomer lab techs approach retirement. Meanwhile, training programs are feeding inadequate numbers of new med techs into the system. To rectify this situation, lab directors are actively working to bring …

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Understanding Demographics Of Med Tech Labor Supply

WHILE THERE’S BEEN PLENTY of publicity about the growing shortage of medical technologists (MT) and medical laboratory technicians (MLT), less attention has been paid to the factors which brought about this situation. For example, a careful study of ASCP (American Society of Clinical Pathologists) data going back to the 1950s reveals some interesting facts. There …

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ARUP & Mayo Respond To New Market Cycle

CEO SUMMARY: Since the beginning of 2002, several important events changed the competitive status quo among the nation’s leading providers of hospital send-out testing. As part of its ongoing assessment of this market segment, THE DARK REPORT provides strategic management insights from executives at ARUP Laboratories and Mayo Medical Laboratories. IN THE HOSPITAL SEND-OUT marketplace, …

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