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Late Breaking Lab News

January 8, 2007 “Intelligence: Late Breaking Lab News”

It’s fast becoming a wireless world in the nation’s hospitals. A survey of 300 healthcare executives and upper-level managers published by Healthcare Informatics reveals that 72% of those surveyed have a combination of wireless and hard-wired systems in their hospitals. Another 5% of those survey…

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December 18, 2006 “Intelligence: Late Breaking Lab News”

Last Friday, Luminex Corporation of Austin, Texas announced that it would acquire Tm Bioscience Corp. of Toronto, Ontario. Luminex will pay $44 million, which represents a 41.5% premium for Tm shares based on the December 14 closing price. Tm Bioscience has tests for DNA-based diagno…

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November 27, 2006 “Intelligence: Late Breaking Lab News”

“Postal Rage” is the term coined to describe the phenomenon of crazed postal workers rampaging through post office facilities shooting at co-workers. In recent days, the nation may have seen its first example of “Patient Rage” in a hospital. On November 20, a patient standing in line to get a…

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November 6, 2006 “Intelligence: Late Breaking Lab News”

There’s regulatory relief for California labs in the important area of technical staff licensing. California’s Department of Health Services (DHS) has approved the Board of Registry medical technologist (MT) examination administered by the American Society of Clinical Pat…

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October 16, 2006 “Intelligence: Late Breaking Lab News”

American Esoteric Laboratories, Inc. today announced that it has signed an extended, five-year contract to provide reference and esoteric testing services to the 14-hospital Baptist Memorial Health Care Corporation (BMHCC) in Memphis, Tennessee. This relationship was…

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September 25, 2006 “Intelligence: Late Breaking Lab News”

On September 8, Becton, Dickinson & Company (BD) announced that it would acquire TriPath Imaging, Inc. for a purchase price of approximately $350 million. TriPath’s share price has not moved significantly over the past five years, so many shareholders were push…

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September 5, 2006 “Intelligence: Late Breaking Lab News”

On August 14, AmeriPath, Inc. released its second quarter earnings report. Revenues were $191.7 million, an increase of 35% from $143.6 million posted in second quarter of 2005. These numbers reflect the acquisition of Specialty Laboratories, Inc., which AmeriPath ac…

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August 14, 2006 “Intelligence: Late Breaking Lab News”

Here’s some useful information for pathologists and practice administrators trying to gauge the interest that urologists, gastroenterologists, and dermatologists have in capturing the anatomic pathology revenues generated by their patient referrals (the TC/PC trend). Pathology Service Assoc…

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July 24, 2006 “Intelligence: Late Breaking Lab News”

There’s a new crop of Web- based, direct-to-consumer laboratory companies. In recent months, Joplin-Missouri-based MyMedLab, Inc., (www. mymedlab.com) and Med-LabUSA, LLC of Tampa Florida ( www.medlabusa.com) have begun to seek publicity. Both companies of…

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July 3, 2006 “Intelligence: Late Breaking Lab News”

Last Friday afternoon, it was announced that Siemens AG would acquire the diagnostics division of Bayer Healthcare. Siemens will pay $5.4 billion and the deal is expected to close in early 2007, subject to regulatory approval. Sales at Bayer Diagnostics totaled $1.8 …

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