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The Dark Report

Premier’s Lab Vendors Hooking Up Via Internet

Laboratory Management / By Robert Michel

CEO SUMMARY: Laboratory members of Premier will soon be purchasing instruments, reagents, and supplies through medibuy.com’s Internet healthcare e-commerce site. Four major lab industry suppliers are actively working to link with the medibuy.com and Premier Web sites. For Premier, this is part of a comprehensive effort to upgrade the services it offers its member hospitals …

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Ortho-Clinical Diagnostics Embraces New Testing Technology

Laboratory Equipment / By Robert Michel

CEO SUMMARY: Despite a decade of consolidation, competition among the world’s largest diagnostics manufacturers remains intense. In response to this competition, Ortho-Clinical Diagnostics (OCD) is preparing a variety of new products and services for its clinical laboratory customers. It’s already exploring diagnostic opportunities in the emerging field of pharmacogenomics. In the field of laboratory management, …

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AmeriPath Will Acquire Inform DX for $44.6 Mil

The Dark Report / By Robert Michel

CEO SUMMARY: It’s another example of consolidation in the anatomic pathology marketplace. AmeriPath, Inc.’s acquisition of Inform DX, Inc. positions the company to do as much as $350 million in revenues next year. By acquiring Inform DX, AmeriPath also gains entry into six more states. The financial performance of both companies is another sign that …

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Prognostic versus Diagnostic Lab Medicine

Commentary and Opinion by R. Lewis Dark / By R. Lewis Dark

MOST OF YOU ARE FAMILIAR WITH THE RACE TO DEVELOP effective laboratory tests and pharmaceuticals based on rapidly-developing genetic and molecular knowledge. We all ask the same question: when will my laboratory have to buy this technology and offer these new tests? For most of us, the answer is “not soon.” There is lots of …

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Cheerios® Teaching Consumers Facts About Laboratory Testing

Clinical Laboratory Trends / By Robert Michel

FOR YEARS, BOTH HOSPITAL LABS and independent commercial labs considered physicians and payers to be the primary customers for lab testing. The lab testing needs of patients as customers seldom came up when lab managers discussed how to organize and deliver their lab’s testing services. In fact, most labs limited themselves to producing an array …

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“November 13, 2000 Intelligence: Late Breaking Lab News”

Late Breaking Lab News / By R. Lewis Dark

Last Thursday was the day Dynacare, Inc. hoped to place its initial public offering. Dynacare seeks to raise as much as $89 million by selling its shares to the public. However, the unresolved presidential election on Tuesday caused turmoil on the stock market during the remainder of the week. As this issue of THE DARK REPORT …

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Medical Arts Lab Opts To File For Chapter 11 Bankruptcy

Laboratory Management / By Robert Michel

CEO SUMMARY: Dissident shareholders and a crushing debt burden are the reason Medical Arts Laboratory decided to file for reorganization under Chapter 11 bankruptcy laws. Both factors are the legacy of an ill-fated attempt to create a national laboratory organization between 1994 and 1997. It’s the story of a business strategy that brought Medical Arts …

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AmeriPath & InformDX Merging To Form Largest Anatomic Pathology Firm in U.S.

Anatomic Pathology / By Robert Michel

CEO SUMMARY: AmeriPath and InformDX shared several common elements in their respective business strategies. Both companies believe that pathology services are best delivered at the local level and benefit from the support of a national organization. Both companies believe that physicians must play a major role in designing and delivering anatomic pathology (AP) services. But …

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Beware What Your Lab Competitor is Doing!

Commentary and Opinion by R. Lewis Dark / By R. Lewis Dark

TODAY I WOULD LIKE TO SPEAK SPECIFICALLY to hospital lab administrators and owners of independent commercial laboratories. I would like to offer some friendly counsel: it’s time to pay careful attention to the most successful of your laboratory competitors. Undeniable evidence is mounting that traditional clinical laboratory management methods are inferior to new models of …

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“October 23, 2000 Intelligence: Late Breaking Lab News”

Late Breaking Lab News / By Robert Michel

Get ready for the stock market to begin creating multi-millionaires from today’s generation of commercial laboratory executives. Most laboratorians know that Roche sold $430.5 million of its stock holding in Laboratory Corporation of America stock only seven days ago. Lesser known is the fact that LabCorp executives Thomas McMahon and Brad Smith sold a total …

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