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Late Breaking Lab News

“August 25, 1997 Intelligence: Late Breaking Lab News”

Meris Laboratories continues to be a turnaround challenge. The company announced on August 4 that CEO and President Denis Simon had resigned. Appointed by the board on March 25, Simon stayed less than 18 weeks in the position. Like several other California labs, the San Jose-based co…

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“August 4, 1997 Intelligence: Late Breaking Lab News”

Impressions from the AACC’s annual convention in Atlanta in July: With more than 16,000 attendees, it is much larger than CLMA. International attendees comprised at least 25% of that number. The exhibit hall is heavy on technical products and instruments. Conspicuously absent as exhibitors were the…

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“July 14, 1997 Intelligence: Late Breaking Lab News”

Neuromedical Systems, Inc.’s (NSI) President and CEO, Mark Rutenberg, is probably the first victim of the Pap smear technology wars. It was announced on June 30 that Rutenberg had resigned. Apparently investors are unhappy with his company’s performance. Despite widespread promot…

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“June 23, 1997 Intelligence: Late Breaking Lab News”

Joint Venture Hospital Laboratory network (JVHL) of Detroit added a not her hospital system to its growing regional laboratory network. M-Labs, the laboratory division of the University of Michigan Health System, joined JVHL. This is the eighth hospi…

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“June 2, 1997 Intelligence: Late Breaking Lab News”

With commercial laboratories pressing hospital laboratories for joint ventures, a unique selling proposition helps. MDS-AutoLab, Inc. of Canada has a different twist. They will not sell you their automated laboratory equipment. Instead, they offer it on a profit-sharing type of arran…

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“May 12, 1997 Intelligence: Late Breaking Lab News”

Beth Israel Medical Center in New York City is throwing a coming out party for their automated laboratory. Beth Israel is producing a two-day seminar on May 18-19 to demonstrate all aspects of their “totally automated core facility.” It was Carl Teplitz, M.D. who championed the a…

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“April 21, 1997 Intelligence: Late Breaking Lab News”

Quest Diagnostics Incorporated reported quarterly earnings last week. It is the first look at the financial performance of the newly-independent spin off from Corning Incorporated. The company reported net income of $4.0 million on revenues of $388.1 million. Revenues declined 3.3% f…

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“March 31, 1997 Intelligence: Late Breaking Lab News”

After THE DARK REPORT’S Executive War College on Medical Laboratory Networking in New Orleans on May 20-21, two other interesting laboratory meetings are scheduled. First up is the 15th annual symposium presented by the University of Michigan’s Department of Pathology. S…

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“March 10, 1997 Intelligence: Late Breaking Lab News”

The field of automated cytology is advancing quickly. Technology is rapidly pushing into the marketplace. Here’s a sampling of recent developments among cytology-based companies… Cytyc Corporation and Laboratory Corporation of America announced on March…

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“February 17, 1997 Intelligence: Late Breaking Lab News”

Meris Laboratories of San Jose, California settled government claims of Medicare and MediCal fraud with an agreement to pay $5.2 million. The announcement, on February 12, closes another whistleblower suit. MORE ON: Meris Labs… Besides the cholesterol and serum iron tests…

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