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Late Breaking Lab News

“November 18, 2002 Intelligence: Late Breaking Lab News”

Antitrust regulators are signaling displeasure about a growing number of business activities in healthcare. Timothy Muris, Chairman of the Federal Trade Commission (FTC), was in Chicago on November 7 to address a group of lawyers and business people. He told them that the FTC “cont…

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“October 28, 2002 Intelligence: Late Breaking Lab News”

IBM continues to muscle its way into healthcare informatics using the concept of “grid computing.” It’s already working with the University of Pennsylvania to create a computer network and data repository that will store mammograms and allow a patient’s past …

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“October 7, 2002 Intelligence: Late Breaking Lab News”

Without much fanfare or notice, Liposcience Inc. of Raleigh, North Carolina tested the waters for an initial public offering (IPO) last month. It found market conditions unfavorable for its proposed offering of $92 million and deferred its IPO. Liposcience, with annual revenues of $1…

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“September 16, 2002 Intelligence: Late Breaking Lab News”

It’s another sign of change that benefits clinical laboratories. The journal Quality and Safety in Health Care published a study recently which determined that 86% of mistakes in family care offices are administrative or process errors. Most involved misfiling patient information, orde…

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“August 26, 2002 Intelligence: Late Breaking Lab News”

Here’s a fact of significance. Economy.com reports that, in 2001, revenues from fixed-line telephone service declined for the first time in decades. Analysts say that consumers and businesses are shifting spending to wireless telephones. It is confirmation that our economy continues to mo…

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“August 5, 2002 Intelligence: Late Breaking Lab News”

Malpractice insurance has become a major concern in a growing number of states. Carriers are withdrawing from some markets and premium increases are significant. Pathologists in Florida tell THE DARK REPORT that they are awaiting quotes for next year, but that insurance brokers have told them to expe…

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“July 15, 2002 Intelligence: Late Breaking Lab News”

In many states, pathologists were hit by substantial increases in the cost of malpractice. In some states, like Pennsylvania, the market for medical malpractice insurance has deteriorated substantially. In the case of AmeriPath, Inc., the nation’s largest operator of hospital-based…

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“June 24, 2002 Intelligence: Late Breaking Lab News”

Competition for HPV testing just got more intense with the announcement that Roche Diagnostics has obtained rights to the Human Papillomavirus (HPV) patent portfolio owned by Institut Pasteur in France. It intends to develop an HPV test that would compete with …

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“June 3, 2002 Intelligence: Late Breaking Lab News”

Medicare fraud investigators may not be getting big headlines in recent years, but they are collecting ever-growing amounts of money from healthcare fraud settlements, judgements, and impositions. A record $1.36 billion was collected in 2001. During the year, federal investigators filed 445 criminal …

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“May 13, 2002 Intelligence: Late Breaking Lab News”

Guess whose DNA was used by Celera Genomics during its project to map the human genome back in 1999? It was primarily the DNA of J. Craig Ventor, Ph.D., who was Chairman of Celera at that time. The disclosure, made last week, has stirred some controversy. Defenders say it is in the t…

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