Lab Intelligence
Hospitals, Pharmacies Struggle to Be Profitable
By Robert Michel | From the Volume XXX, Number 15 – October 23, 2023 Issue
CEO SUMMARY: Pharmaceutical companies may be posting strong growth in revenue and profits. But thatās not true for the nationās largest retail pharmacy chains. Rite Aidās Chapter 11 bankruptcy filing earlier this month put a spotlight on financial stress at all the retail pharmacy c…
FDA Issues Proposed Rule to Further Regulate LDTs
By Scott Wallask | From the Volume XXX, No. 14 – October 2, 2023 Issue
CEO SUMMARY: Publication of the FDAās draft rule on LDT regulation starts the clock on public comment. The proposal seeks to clearly identify laboratory developed tests (LDTs) as in vitro diagnos…
SALSA Bill Resurfaces, Poised to Reduce Upcoming PAMA Cuts
By Scott Wallask | From the Volume XXX, No. 14 – October 2, 2023 Issue
ANOTHER ROUND OF STIFF PRICE CUTS TO THE MEDICARE PART B CLINICAL LABORATORY FEE SCHEDULE (CLFS) is just months away, with the provisions of the Protecting Access to Medicare Act (PAMA) set to resume on Jan. 1. In…
Outreach Nets Hospital Lab $2.5M in One Year
By Scott Wallask | From the Volume XXX, No. 14 – October 2, 2023 Issue
CEO SUMMARY: Tucson Medical Center had sold its outreach business to a commercial laboratory two decades earlier, but wanted to bring those services back to its in-house lab. Early work with the finance de…
Donāt Automate Bad Work Processes in Microbiology
By Scott Wallask | From the Volume XXX, No. 13 – September 11, 2023 Issue
CEO SUMMARY: Automation is not always right for every labās microbiology department, according to consultants from bioMeĢrieux. When evaluating automated instruments, it is necessary to review wo…
Lab Data Crucial to Insurer Risk Adjustment Models
By Scott Wallask | From the Volume XXX, No. 13 – September 11, 2023 Issue
CEO SUMMARY: Payers who use risk adjustment models as part of Medicare Advantage need diagnostic data that helps them document ICD-10 diagnoses that earn them higher premium payments for sicker pat…
Private Health Insurers Are Aware of Problems with CPT Code 81408
By Virchow | From the Volume XXX, No. 13 – September 11, 2023 Issue
EDITORāS NO…
Smaller Labs Must Verify Z-code Arrangement with Lab Companies
By Virchow | From the Volume XXX, No. 12 – August 21, 2023 Issue
EDITORāS NO…
Lab News Briefs: Labcorp, Tufts, Informa, HIMSS, Sanford, Fairview
By Scott Wallask | From the Volume XXX, No. 12 – August 21, 2023 Issue
Labcorp Buys Tuftsā Lab Outreach IN OUR LAST ISSUE, WE REPORTED THAT LABCORP HAD ACQUIRED the lab outreach services of two health systems in…
Digital Pathology Rollout Was āBig Bangā at University of Louisville
By Scott Wallask | From the Volume XXX, No. 11 – July 31, 2023 Issue
CEO SUMMARY: It took less than one year to achieve full implementation of whole slide imaging and digital pathology at the University of Louisvilleās Department of Pathology. One decision was to s…
CURRENT ISSUE
Volume XXXI, No. 5 – April 8, 2024
The fragmentation of consumer markets is reflected in clinical lab services, and The Dark Report examines this trend and how it will impact labs in the coming years. Also, The Dark Report notes that the FDA has issued a controversial memo to reclassify many high-risk IVD assays.
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