Late Breaking Lab News
“January 12, 2004 Intelligence: Late Breaking Lab News”
There’s a new joint venture between a commercial laboratory and a multi-hospital group. On January 5, 2004, LabOne, Inc. of Lenexa, Kansas announced that it had completed negotiations with The Health Alliance of Greater Cincinnati. LabOne paid $38.5 millio…
“December 22, 2003 Intelligence: Late Breaking Lab News”
Two more not-for-profit hospitals received the Malcolm Baldridge National Quality Award last month. St. Luke’s Hospital in Kansas City, Missouri and Baptist Hospital in Pensacola, Florida become the second and third hospitals to receive this award for quality achie…
“December 1, 2003 Intelligence: Late Breaking Lab News”
Lab-Interlink Inc. of Omaha, Nebraska is heading to bankruptcy court. On November 24, the day before Thanksgiving, the company laid off 50 employees. Rodney Markin, M.D., Ph.D., Company founder and Chairman stated that an expected $1 million payment by a prospective buyer had not mat…
Specialty Laboratories, Enterix, Medicare, Blue Cross/Blue Shield Association
SPECIALTY LABORATORIES REPORTS THIRD QUARTER FINANCIAL PERFORMANCE THIRD QUARTER FINANCIAL REPORTS for Specialty Laboratories, Inc. show that the company is returning to a more normal routine, following the two unusual and unrelated events which hit it during 2002. Special…
“November 10, 2003 Intelligence: Late Breaking Lab News”
Has the disappearance of much despised closed panel HMOs eased the financial woes of physicians? Apparently not, according to a recent study. Medical groups are losing money. Nationwide, the average loss-per-physician by medical groups was $3,977. In the 2003 survey, 25,784 physicians responded, a 26…
“October 20, 2003 Intelligence: Late Breaking Lab News”
Here’s a reminder that corporate fraud didn’t bypass healthcare. Last week Albert Bergonzi, former Executive Vice President of McKesson/HBOC, pled guilty to violations of securities laws. He admitted that he had “cooked the books” around the time of HBOC’s acquisition by Mc…
“September 29, 2003 Intelligence: Late Breaking Lab News”
There was cautious optimism among lab industry leaders lobbying Congress to stop the proposed 20% co- payment for Part B laboratory testing services. It seems that, over the summer break, Iowa Senator Charles Grassley got a lesson in grass roots lobbying. At a number of town meetings, irate seniors s…
“September 8, 2003 Intelligence: Late Breaking Lab News”
Early last week, Laboratory Corporation of America announced an out-of-court settlement in its lawsuit involving its subsidiary, DIANON Systems, Inc. As plaintiff, DIANON had sued five former DIANON employees and their new company, DiaPath LLC. The c…
“August 18, 2003 Intelligence: Late Breaking Lab News”
Recently Laboratory Corporation of America recruited and rehired three DIANON sales reps who had left the company following its acquisition by LabCorp earlier this year. On its second quarter conference call, LabCorp officials, under criticism for numerous departures of DIANON sales …
“July 28, 2003 Intelligence: Late Breaking Lab News”
In recent weeks, Quest Diagnostics Incorporated lost both a key executive and a major client. Vicki DiFrancesco, Vice President of Hospital Sales and Marketing, submitted her resignation earlier this month. She is leaving to pursue personal interests. DiFrancesco became part of Quest…
CURRENT ISSUE
Volume XXXII, No. 12 – August 25, 2025
In an exclusive interview, a laboratory industry M&A specialist discusses what’s driving lab outreach sales to national lab companies. Also, The Dark Report analyzes ways in which pathology and clinical labs can profitably partner with pharmaceutical companies.
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