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March 2003

Carolina Blood Bank, PSA, Carolinas Healthcare, Leapfrog Group, CMS

Clinical Laboratory / By

PATHOLOGY GROUP IN SALT LAKE CITY BECOMES PSA MEMBER UTAH IS THE NEWEST STATE to have a pathology group practice become part of Pathology Service Associates, LLC (PSA). Based in Salt Lake City, Utah Pathology Services, Inc. is the first PSA-affiliated practice in that state. Utah Pathology Services has 14 pathologists and serves three hospitals …

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Hospital Mergers Down For Fourth Straight Year

Clinical Laboratory Trends / By

CEO SUMMARY: Changes in hospital ownership often drive laboratory restructuring projects. But hospital merger and acquisition activity has declined for four consecutive years. Consequently, comprehensive laboratory restructuring efforts have declined in parallel. Hospital M&A numbers for 2003 are predicted to remain at a low level. Meanwhile, cross-system laboratory ventures seem to be also languishing. FOR …

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Liquid Prep Testing Market Causing Much Aggravation

Clinical Laboratory / By

SEVERAL RECENT ISSUES of THE DARK REPORT addressed issues that resonated with our clients and regular readers. The mailbag has been plenty full of late. These responses are interesting in their own right. Among those with a point to make is Laboratory Corporation of America Holdings. It wanted to respond to a recent opinion and commentary …

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Lab Director Takes a Stand On Patented Genetic Testing

Genetic Testing / By

THIS LETTER APPEARED in the mailbag after our special intelligence briefing on how genetics will transform healthcare and before our look at how high-priced specialty esoteric testing is causing budget headaches for regional labs. (See TDRs, December 30, 2002 and January 20, 2003, respectively.) Financial Pinch In Detroit In Detroit, the 130 hospital laboratories participating …

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Quest Finally Owns Unilab, New Market Cycle To Begin

Clinical Laboratory / By

PERSISTENCE FINALLY PAID OFF for Quest Diagnostics Incorporated. On February 26, it took ownership of Unilab Corporation, capping almost 11 months of effort. In completing this acquisition, Quest Diagnostics completes the two blood brothers’ acquisition sweep of mid-sized public lab companies during 2002. The familiar names of American Medical Laboratories, Dynacare, DIANON Systems, and Unilab …

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“March 3, 2003 Intelligence: Late Breaking Lab News”

Late Breaking Lab News / By

Not too many issues ago, THE DARK REPORT was bemoaning the fact that the pathology profession has yet to replace those pathologist-entrepreneurs of the 1970s and 1980s who built some of the largest laboratory companies still operating today. But that overlooks recognition to pathologist Tom Grogan, M.D., who is a founding partner of Ventana Medical …

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