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Late Breaking Lab News

December 01, 2008 “Intelligence: Late Breaking Lab News”

Having grown to over $1 billion in revenue, Inverness Medical Innovations, Inc. of Waltham, Massachusetts, is newest of the in vitro diagnostics (IVD) companies to achieve size and scale. One of its more interesting products is an in-home system that allows …

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November 10, 2008 “Intelligence: Late Breaking Lab News”

In this country, medical tourism is generally understood to mean someone traveling to a foreign country to access less expensive healthcare. But a handful of U.S. hospitals are ready to make domestic medical tourism a paying proposition—and boost their occupancy rates at the same time. Earlier this…

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October 20, 2008 “Intelligence: Late Breaking Lab News”

Once again, laboratory test unbundling is on the radar screen of federal regulators. Included in the 2009 work plan for the federal Office of Inspector General (OIG) is a review of laboratory test unbundling and a review of the extent of variation in laboratory test payment rates amo…

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September 29, 2008 “Intelligence: Late Breaking Lab News”

It’s been a productive year for Michigan Co-Tenancy Laboratory (MCL) of Ann Arbor, Michigan, which performs reference and esoteric testing for its members. During 2008, four hospital systems have come aboard as new co-tenants. They are: Baptist Health, Montgomery, …

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September 08, 2008 “Intelligence: Late Breaking Lab News”

Here’s an update on the issue of why pathologists working in independent laboratories will not be paid under the Medicare Physician Quality Reporting Initiative (PQRI). (See TDR, August 18, 2008.) Last week, Donald McLeod, a spokesman at the federal Centers for Medicare & Medic…

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August 18, 2008 “Intelligence: Late Breaking Lab News”

There’s a new lab company in New York City. Manhattan Physicians Laboratory, Inc. (MPL) was recently launched by two former executives from Quest Diagnostics Incorporated. Thomas Golubic is MPL’s President and William Nouri is Vice President and Lab Operations Di…

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July 28, 2008 “Intelligence: Late Breaking Lab News”

Last Monday, UroPath, Inc., an Arlington, Texas, company operating anatomic pathology laboratory condominium complexes in several states, disclosed its sale to HealthTronics, Inc., of Austin, Texas. Sales price was $7.75 million. UroPath’s former owners are urologi…

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July 7, 2008 “Intelligence: Late Breaking Lab News”

GI Pathology, PLLC, of Memphis, Tennessee, announced that it has contracted to be a national gastrointestinal (GI) pathology laboratory provider with CIGNA HealthCare of Hartford, Connecticut. It also has a five year, national provider contract with UnitedHea…

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June 16, 2008 “Intelligence: Late Breaking Lab News”

GE Healthcare’s digital pathology joint venture with the University of Pittsburgh Medical Center (UPMC), announced on June 5, is not the only in vitro diagnostics (IVD) investment by GE during 2008. Just this May, GE paid $738 million to acquire …

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May 27, 2008 “Intelligence: Late Breaking Lab News”

A simple telemedicine system that incorporates cheap cell phone cameras is being developed by researchers in the United States and Brazil, according to an article in the May 15 issue of the American Chemical Society’s journal, Analytical Chemistry. The goal is to capture medical da…

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