Since 1995, Reliable Business Intelligence for Clinical Laboratories, Pathology Groups and Laboratory Diagnostics
IT’S BEEN A BUSY FOUR WEEKS for your editor at THE DARK REPORT. He has traveled to meetings, conducted site visits at a variety of large and small companies serving clinical labs and pathology groups, and even participated in strategic planning sessions for some labs and industry vendors. I asked my colleague to tell me …
Attention Pathologists: Change Is Coming! Read More »
CEO SUMMARY: A disruptive innovation is one that shakes up an entire market or industry. By adding clinical lab testing to its health services offerings in more than 8,100 stores nationwide, Walgreens could disrupt the status quo in the clinical lab industry. Walgreens says its lab partner will offer testing at prices that are less …
Walgreens To Go National with Lab Tests in Stores Read More »
CEO SUMMARY: In a partnership with Walgreens pharmacies, Theranos Inc. announced that it will run clinical lab tests on “micro-samples” and collect these blood samples without venipuncture. Even as Theranos touts the patient-friendly benefits of its proprietary diagnostic technology, it has provided no information about the science that supports this testing and the clinical validations …
Theranos Won’t Discuss Disruptive Lab Technology Read More »
“When it comes to hiring senior leaders, labs today are more diligent in recruiting and interviewing candidates for key executive and management positions. One reason for this change is the shrinking financial margins at most labs.” —Adam Slone, Founder, Slone Partners CEO SUMMARY: There is a clear shift in the hiring practices of clinical labs …
Newsmaker Interview: Adam Slone, Tara Kochis Read More »
RECENTLY TWO WHISTLEBLOWER LAWSUITS, each alleging Medicaid fraud by Quest Diagnostics Incorporated and Laboratory Corporation of America, have become public knowledge. One case is in Virginia and the other case is in Georgia. Both lawsuits were filed by Hunter Laboratories, LLC, of Campbell, California, and its CEO Chris Riedel. Both lawsuits involve charges of alleged …
Medicaid Suits in Two States Accuse Quest, LabCorp of Fraud Read More »
ALBERTA PROVINCE MAY SOON BID $3 BILLION CLINICAL LAB CONTRACT NEWS LEAKED ON SEPTEMBER 19 that Alberta Health Services (AHS) is preparing to issue a request for proposal (RFP) to select a company to build a state-of-the clinical laboratory facility to serve Edmonton, Alberta, and the surrounding region. A news report published by the Edmonton …
Alberta Lab RFP, FTC, LabMD Biodiagnostic Lab Services Guilty Pleas Read More »
Even as the cost of genetic sequencing falls, the number of gene profiles in data repositories increases. This month, a research project in Boston, Massachusetts, that includes Dana-Farber Cancer Institute, Brigham and Women’s Hospital, and Boston Children’s Hospital reported that it now has over 5,000 genetic profiles of tumor DNA in its database. The project …
September 30, 2013 “Intelligence: Late Breaking Lab News” Read More »
MANY OF YOU KNOW ABOUT THE PROPOSED NEW MEDICARE RULE by the Centers for Medicare & Medicaid Services (CMS) that it would use to initiate a review of the prices it pays for 1,250 clinical laboratory tests under the Medicare Part B Clinical Laboratory Fee Schedule (CLFS). However, I’ll bet that most of you are …
Medicare’s Latest Attack on Lab Test Prices Read More »
CEO SUMMARY: In July, the federal Centers for Medicare & Medicaid Services (CMS) published three proposed rules which would allow it to act independently of Congress to set prices for clinical laboratory testing and pathology services. Analyses of these proposed rules indicate that they would substantially reduce reimbursement paid to labs and pathologists under existing …
CMS Ready To Hack Away at Cost of Lab Testing Read More »
CEO SUMMARY: In July, CMS proposed rules to cut payments under the Hospital Outpatient Prospective Payment System, the Physician Fee Schedule, and the Clinical Laboratory Fee Schedule. Under each program, the proposed payment cuts could have a significant and negative effect on the amount of payments that laboratories receive from Medicare. Two of the proposals …
CMS Proposes Yet More Cuts for 2014, Beyond Read More »
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