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April 2009

Inverness Medical, ACON, LabInfotech, Kaiser Permenante

Clinical Laboratory Trends / By

INVERNESS ACQUIRES TEST BUSINESS FROM ACON WITH A STRATEGY OF BECOMING DOMINANT in the consumer testing market and point-of- care (POC) testing sector, Inverness Medical Innovations, Inc., of Waltham, Massachusetts, has actively acquired companies and technologies in these fields. Its latest move was to pay $200 million to purchase the remaining parts of ACON that …

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Navigenics Buys Clinical Lab From Affymetrix Last Month

Genetic Testing / By

IF NAVIGENICS INC. HAD A SLOGAN to match its business model, it might be, “Damn the torpedoes. Full speed ahead!” Last month the personal genomics testing company acquired a clinical testing laboratory. In a deal with Affymetrix, Inc., Navigenics purchased the Affymetrix Clinical Services Laboratory, a CLIA-certified testing facility in Sacramento, California. This lab provides …

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Hey Doc! How Do You Rate With Zagat Health Survey?

Clinical Laboratory Trends / By

CEO SUMMARY: Once patients become involved in managing their healthcare, they actively seek information that can help them make informed decisions. Health insurers are providing tools to help make this job easier. WellPoint teamed up with Zagat Survey to create the Zagat Health Survey. This unique tool offers consumers a snapshot of a physician from …

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Medically Unlikely Edits Are Back–and a Problem!

Laboratory Billing / By

CEO SUMMARY: On January 1, 2009, CMS implemented Phase VIII of its policy on medically unlikely edits (MUEs) involving about 100 laboratory CPT Codes. It also began to deny whole claims, not just the “medically unlikely” parts of claims. After hearing of the problem in early March, ACLA, CAP, and other lab groups stepped in …

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April 6, 2009 “Intelligence: Late Breaking Lab News”

Late Breaking Lab News / By

Effective May, 1, 2009, Laboratory Corporation of America will no longer be a contract provider for Regence BlueShield, head-quartered in Seattle, Washington.  Regence notified physicians that it was ending its relationship with LabCorp “as a result of rising costs of care provided in our markets and LabCorp’s refusal to accept market level reimbursement. …Regence is committed to …

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