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Commentary and Opinion by R. Lewis Dark

For Better or for Worse: Nation Has New Health Law

CONGRESS AND THE CURRENT ADMINISTRATION HAVE THEIR HEALTH LAW. Whether this new law serves the citizens of this country for the better or for the worse will not be known for several years into the future. I suspect that many of our elected officials in the House and Senate do not fully understand the major […]

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Oncologists Cut Into Pathologists’ Revenue Pie

EVENTS NOW UNFOLDING IN DALLAS, TEXAS, SIGNAL A DIFFERENT DIRECTION for pathology and clinical laboratory testing. As you will read on pages 3-9, in May, just weeks from now, a new laboratory company, funded with $40 million from an unlikely combination of four partners, is about to become operational. The primary business objective of the

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New Cycle Begins for Lab and Pathology Acquisitions

THERE’S A NEW TRANSITION JUST GETTING STARTED in the laboratory testing industry. For the past two decades, laboratory acquisition activity has primarly centered around independent clinical laboratories—often owned by local pathologists. This was true in both the size of the transactions and in the volume of transactions. Our stories on pages 3-9 describe these processes.

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Anatomic Pathology’s Likely Path of Transformation

RECENT DEALS INVOLVING PRIVATE EQUITY FIRMS and several of the nation’s larger pathology groups hint at a major transformation soon to come to the pathology profession. No one should be surprised that pathologists of the baby boomer generation will be an important trigger in this transformation. It is the coming wave of retirements by baby

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Lab Medicine’s Potential Versus Its Challenges

WE ARE STARTING A NEW YEAR. But is it the start of a new decade? That depends on how one decides to determine the first year of a decade. Even Webster’s Dictionary recognizes this difference of opinion as to the start year of a decade. For the word “decade,” Webster’s Dictionary offers a definition with

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Lab Utilization Is Healthcare’s Ticking Time Bomb

TODAY I WOULD LIKE TO SPEAK TO ONE OF THE ELEPHANTS IN THE LAB INDUSTRY’S ROOM. It is the ticking time bomb of lab utilization. Sometime in the next 36 to 60 months, this time bomb will go off. It will catch both health policy makers and payers unprepared and, the consequences will be corrosive

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The $1,000 Genome and Laboratory Testing

IT WAS 1953 WHEN JAMES D. WATSON AND FRANCIS CRICK, working from X-ray data collected by Rosalind Franklin, described the double helix structure of the DNA molecule. That discovery inspired scientists to begin investigating the genetic basis of life. In the 56 years since Watson and Crick published their findings, there has been steady progress

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PAML’s “Magic Touch” with Hospital Lab JVs

IMAGINE FOR A MOMENT THAT ONE OF THE TWO BLOOD BROTHERS inked a deal: 1) to set up a series of hospital laboratory joint ventures with a multi-billion health system that operated 50 to 100 hospitals in 15 to 20 states; and, 2) to be a primary source of esoteric and reference testing to all

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Why Choice is Important in Healthcare

THESE ARE INTERESTING TIMES IN HEALTHCARE AND LABORATORY TESTING—both here and across the globe. In the United States, elected officials in Congress are busy assembling 1,000-page bills to make over the nation’s entire healthcare system under the guise of extending coverage to those who are currently uninsured. Overseas, the healthcare systems of other developed countries

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Less Money for Labs Is International Trend

TOO OFTEN THESE DAYS, labs are asked to accept less money. This is true in the United States and in many developed countries around the world. Many of you know that the latest version of the Senate health reform bill recently released by Max Baucus (D-Montana) calls for all providers to pay a “fee” as

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