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March 2025

Global IVD Companies Issue Fourth Quarter 2024 Earnings

OVERALL, IN VITRO DIAGNOSTICS (IVD) COMPANIES REPORTED A MIXED BAG of financial results for the quarter ending Dec. 31, 2024, with Becton, Dickinson and Company, Abbott Laboratories, and Siemens Healthineers showing the most momentum based on recent earnings. Generally, IVD manufacturers did not experience double-digit growth or drops year over year, indicating that some stability […]

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Role of Price Transparency During Path Contract Talks

CEO SUMMARY: Pathology groups have a much better opportunity to turn the tables on payers and other third parties during contract negotiations if they come armed with the data and other information recommended by two well-respected pathology experts. In this final installment of our four-part series, the price transparency approach is explained. Also discussed is

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Trump Signs Executive Order on Price Transparency

ON FEBRUARY 25, PRESIDENT DONALD TRUMP SIGNED AN EXECUTIVE ORDER targeted at driving price transparency requirements for hospitals and insurers. The order aims to strictly enforce a previous rule, signed during his first term, intended to provide patients with clear, accurate, and actionable healthcare pricing information. The executive order directs the federal Departments of the

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White House Is Off to a Fast Start, So Pay Attention

We already see the second term of President Donald Trump influencing clinical laboratory business operations. It’s not The Dark Report’s stance to jump on the political soapbox of whether Trump’s actions are a tragedy or a boon; let the cable TV pundits debate that. However, as with any move—business, political, or otherwise—the success or failure

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COLA Summit to Address Lab Staffing Shortages

CEO SUMMARY: An upcoming gathering of COLA’s Workforce Action Alliance will focus on three staffing challenges: improving data needed to understand the current clinical laboratory workforce; promoting career paths for new professionals in the field; and identifying ways to better recognize these workers. Workforce shortages have long been a challenge for clinical laboratories, but the

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March 31, 2025, Intelligence: Late-Breaking Lab News

As this issue went to press, U.S. Health Secretary Robert F. Kennedy Jr. announced wide workforce reductions across several agencies that fall under the federal Department of Health and Human Services (HHS). They include the Food and Drug Administration (FDA), which will decrease by 3,500 employees; the Centers for Disease Control and Prevention (CDC), which

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Medical Robotics Developer Believes It’s Time to Transform Phlebotomy

Phlebotomy and collection of veinous blood is one important procedure in clinical laboratory testing that continues to be primarily a manual process. That is about to change. Netherlands-based Vitestro has obtained a CE mark in the European Union for its novel autonomous robotic phlebotomy device (ARPD), which is already in operation in a hospital in

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Innovations in Lab Testing Arriving at Light Speed

TODAY, IT’S A CHALLENGE TO STAY UP WITH ALL THE NEW THINGS arriving in the lab testing marketplace. Novel assays are launched weekly. That is equally true for next-generation automation and lab analyzers, with vendors regularly announcing something new to their menu of products. The pace of innovation involving information technology is moving even faster.

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The Dark Report Acquired by LabX Media Group

CEO SUMMARY: One of the clinical laboratory industry’s longest-running sources of business intelligence, market trends, and management developments has a new owner. LabX Media Group completed its purchase of The Dark Intelligence Group, Inc. (TDIG) on Feb. 28, 2025. This transaction paves the way for the retirement of TDIG’s founder and publisher, Robert L. Michel,

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Quest Acquires ‘Select Assets’ of Fresenius Medical Care

FRESENIUS MEDICAL CARE AND QUEST DIAGNOSTICS AGREED TO A DEAL in which Quest will provide laboratory testing services for the latter’s dialysis clinics in the United States. Separately, Quest Diagnostics will acquire “select assets” of Spectra Laboratories, a wholly owned FMC subsidiary that currently provides those services. FMC is one of the two dominant providers

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