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Client Bill Pricing Policy Rises To Medicare Level

Laboratory Billing / By Robert Michel

CEO SUMMARY: Within the laboratory industry, there has been a decade-long debate over whether offering discount prices in client bill states could violate some Medicare regulations. UroCor, Inc. decided that an OIG opinion issued in December to a pathology company signaled a potential change in how HCFA and the OIG might begin to view client …

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Quantum Dots Targeting Multiplexed Bioassays

Laboratory Equipment / By Robert Michel

CEO SUMMARY: Here’s another exciting new technology which promises to expand the capabilities of diagnostic testing while lowering laboratory costs. Based on research originally done during the 1970’s, quantum dots™ are nanometer-sized semiconductors with unique properties. Quantum Dot Corporation wants to use an “Intel Inside” strategy with diagnostic partners to launch new assays. DIAGNOSTIC TESTING …

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Abaton’s Web Solution In Use at Allina, Centrex

Laboratory Information Systems / By Robert Michel

CEO SUMMARY: Abaton.com was among the first companies to actually have Web-based information products linking hospital labs and physician offices. As early as 1997, the Allina Health System was working with Abaton.com to implement a laboratory test requisition/test results system using Web browsers. Centrex Clinical Labs is another Abaton client now implementing a Web-based, thin …

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Single-Specialty Path PPMs Posting Strong Growth, Profits

Pathology Trends / By Robert Michel

CEO SUMMARY: Although the financial travails of the physician practice management (PPM) industry are widely known, there is little recognition that a number of single-specialty PPMs are doing well. This is true of pathology, where at least six pathology-based PPMs still remain in business. The best of them demonstrate strong revenue growth and good profits. …

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New Blood Entering the Lab Industry

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

SURPRISE! THERE’S A QUIET MANAGEMENT REVOLUTION UNDER WAY in both the clinical laboratory industry and pathology profession. During the past few years, a steady flow of new-thinking Presidents and CEOs have taken control of laboratories, pathology group practices, and vendor companies. From CEO Ken Freeman of Quest Diagnostics Incorporated to CEO James New of AmeriPath, …

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“January 24, 2000 Intelligence: Late Breaking Lab News”

Late Breaking Lab News / By Robert Michel

Financial progress at Tenet Health Corp. provides a glimpse at how the hospital industry is faring. Tenet announced a 7.2% increase in revenues for fiscal second quarter, fueled primarily by an increase in patient admissions at its 113 hospitals. Tenet also reported an average increase of 3% to 6% in payments from managed care companies. …

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Park City Solutions Acquires Chi Lab Systems of Ann Arbor

Laboratory Management / By Robert Michel

THERE’S A NEW PLAYER in healthcare and laboratory consulting. Park City Solutions, Inc. of Midway, Utah wants to become a recognized name in the lab industry. As one step toward this goal, it announced the purchase of Chi Laboratory Systems, Inc. of Ann Arbor, Michigan. The deal was made public on December 28, 1999. Park …

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NY Labs Achieve Repeal Of Onerous Surcharge

Laboratory Management / By Robert Michel

CEO SUMMARY: Clinical laboratories in the state of New York demonstrated that the lab industry can effectively influence legislation when the state legislature finally repealed the onerous laboratory test surcharge first enacted in 1997. Lab industry leaders should apply the lessons learned from the New York experience to improve the laboratory industry’s track record in …

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Epitope, LabOne, CARESIDE, Quest, Structural Bioinformatics, UroCor

Laboratory Management / By Robert Michel

EPITOPE RAIDS LABONE FOR NEW PRESIDENT/CEO; READIES DRUGS OF ABUSE MARKET LAUNCH DURING THE YEAR 2000, Epitope, Inc., based in Portland, Oregon, plans to introduce a drugs of abuse test based on its patented OraSure® oral collection technology. To aid in this new product launch, Epitope raided the executive ranks of its biggest customer. Robert …

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Digene Corp’s HPV Test Attracts More Attention

In Vitro Diagnostics / By Robert Michel

CEO SUMMARY: Evidence accumulates that HPV testing may be an effective way to identify women at risk for cervical cancer. Both Laboratory Corporation of America and Quest Diagnostics Incorporated recently added Digene’s Hybrid Capture® II HPV test to their menu. The intent is to offer physicians a follow-up test for patients with Pap smears that …

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