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The Dark Report

ProxyMed, MedePass, Cigna, Aetna

FORMER SBCL PRESIDENT HAS QUICK TOUR AS CEO OF PROXYMED, INC. IT WAS A SHORT TOUR OF DUTY as Chief Executive Officer at ProxyMed, Inc. for John B. Okkerse, Jr., Ph.D. On May 19, after only six months as ProxyMed’s CEO, Dr. Okkerse stepped down as part of a cost-cutting move at the financially-beleaguered company. …

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Questions Remain About Performance Of Liquid-Prep Paps

CEO SUMMARY: During the past five years, several companies entered the lab marketplace with claims that their new Pap test technologies are improvements over conventional Pap smear methods. Armed with investment capital from Wall Street, these companies launched aggressive sales and marketing campaigns to clinical labs, pathologists, payers, physicians, and women. The diversity of advertising …

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Web-Based Lab Transactions Part of McKesson HBOC’s Plan

CLINICAL LABORATORY DATA will play a big role at iMcKesson, the new Internet healthcare business unit of McKesson HBOC, Inc., based in San Francisco. McKesson HBOC is putting existing business assets representing annual sales of $300 million into this new division. They include Abaton.com, Physician Office Manager, and Acess Health, among others. Real-Time Web Services …

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Merger Creates “New” Pathology Competitor

CEO SUMMARY: Pathology business consolidation and regionalization continues. Pathology Consultants of America, Inc. (PCA) and PathSOURCE, Inc. announced their intention to merge last month. The combined company will be called Inform DX, Inc. and will compete nationally for anatomic pathology business. Inform DX represents a new business model for the anatomic pathology profession. TWO WELL-FINANCED …

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Labs Should Leverage Their “Crown Jewels”

ONE NEW FEATURE of our annual Executive War College every May is a Lab CEO SUMMIT which takes place on the Thursday after the Tuesday-Wednesday event. It attracts a growing number of senior lab executives and pathologists who come to explore the strategic directions of the lab industry and pathology profession. This year’s Lab CEO …

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War College Identifies Emerging Lab Trends

CEO SUMMARY: Disruptive technologies and the arrival of healthcare E-commerce were two common themes which emerged from this year’s Executive War College on Laboratory and Pathology Management. Consensus by faculty and attendees alike was that every lab organization should have an Internet business strategy, along with an accelerated implementation timetable! DESPITE CONTINUING laboratory consolidation and …

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Columbia/HCA’s $745 Mil Settlement Announced

CEO SUMMARY: Although Columbia/HCA will pay the feds $745 million as part of its recent settlement, the facts of “Medicare fraud” are far from convincing. Wall Street Journal analyst Holman W. Jenkins, Jr. makes a strong argument that the government was able to pick on Columbia/HCA for a variety of reasons, most tied to former …

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“May 30, 2000 Intelligence: Late Breaking Lab News”

Expect an announcement this week that Pathology Consultants of America, Inc. (PCA), based in Nashville, Tennessee, has acquired PathSOURCE, Inc. of Port Chester, New York. Both are single specialty physician practice management (PPM) companies devoted exclusively to pathology. Each company has substantial venture capital funding. PathSOURCE, organized by dermatopathologists, did not generate the revenue growth …

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BRLI Ready To Leverage Physician Relationship

CEO SUMMARY: As healthcare E-commerce rapidly approaches, clinical laboratories will find they have a built-in competitive advantage—their existing business relationship and communication links to physician offices. Bio-Reference Laboratories, Inc. is moving rapidly to capitalize on this competitive advantage. It is making sizable investments to offer physicians more than just laboratory tests. IN THE COMING WORLD …

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New CEO Takes Charge At Pathology Partners

CEO SUMMARY: Pathology Partners, Inc. got a new President and CEO this month. The company is organized to build and operate independent regional histology and cytology laboratories in support of anatomic pathologists. Its business model is different than competing pathology companies and Pathology Partners believes that it will be well-positioned as integrated clinical care becomes …

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