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December 16, 2024, Intelligence Late-Breaking Lab News

Clinical Laboratory Trends / Robert Michel

Sonic Healthcare Ltd of Sydney, Australia, announced the acquisition of clinical laboratory company LADR (Laboratory Group Dr. Kramer & Colleagues) based in Geesthacht, Germany, on Dec. 9, 2024. The enterprise value of the deal is €423 million (US$446.9 million). LADR operates a network of stand-alone and hospital medical laboratories throughout the country. MORE ON: Sonic […]

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Lab Briefs: Dec. 16, 2024

Clinical Laboratory Trends / Robert Michel

55,000 Members of Class Action Case Involving Labcorp Employees of Labcorp are now members of a class action lawsuit that accuses the public lab company of mismanaging its 401(k) retirement plan. This fall, a federal judge ruled that the original defendant in this lawsuit had standing. Judge Lorreta C. Biggs of the United States District

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Gold Cards Offer Labs Limited Relief for Prior Auth Woes

Clinical Laboratory Trends / Virchow

EDITOR’S NOTE: Our column, Virchow, is written by anonymous insiders working within the managed care world. The column aims to help clients of The Dark Report better understand the decisions, policies, and actions of payers as they manage their laboratory networks, establish coverage guidelines, process lab test claims, and audit labs. In July, I wrote

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Owens & Minor Sues Anthem BCBS of Virginia

The Dark Report / Robert Michel

CEO SUMMARY: For years, clinical laboratories and pathology groups have expressed frustration with the lack of transparency by health plans in how they handle claims, set prices, and establish coverage guidelines. Now, because of recent federal laws and rules concerning health data transparency, a new crop of lawsuits are accusing health plans of withholding data,

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Top 10 Lab Stories for 2024 Reflect Important Trends

Clinical Laboratory / Robert Michel

CEO SUMMARY: Most clinical laboratory managers will agree that the Food and Drug Administration’s (FDA) final rule to regulate laboratory developed tests (LDTs) is the biggest lab industry story for 2024. Every laboratory performing LDTs must now devote money and time to comply with the final rule. However, another Top 10 Lab Industry Story centers

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Lawsuits Challenge Business Practices of Health Plans

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

IT MAY BE THAT SEVERAL RECENT FEDERAL LAWS AND RULES ON TRANSPARENCY IN HEALTHCARE are allowing aggrieved parties to pull back the curtain on unsavory practices at certain health insurance companies. Both self-insured employers and the employees of these companies are filing lawsuits claiming that payers are violating these laws. The Dark Report is the

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Global IVD Companies Issue Third Quarter 2024 Earnings

In Vitro Diagnostics / Robert Michel

HERE IS A SUMMARY OF THE THIRD QUARTER FINANCIAL PERFORMANCE of the largest IVD manufacturers serving clinical laboratories. Lab managers and pathologists can use this information to track the market successes or setbacks by the different IVD vendors. These insights can be particularly helpful when considering different companies when it is time to replace or

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November 25, 2024, Intelligence: Late-Breaking Lab News

Late Breaking Lab News / Robert Michel

Disruption is happening in the consumer genetic testing marketplace. In recent weeks, news outlets in the United Kingdom reported that Atlas Biomed, a consumer genetic testing company founded in 2016, had simply “disappeared.” Malwarebytes said Atlas Biomed’s “London offices are closed, nobody answers the phone, and clients are no longer capable of accessing their online

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129,624 Genetic Tests in the United States

Laboratory Compliance / R. Lewis Dark

REGULATION OF LABORATORY DEVELOPED TESTS (LDTs) by the federal Food and Drug Administration (FDA) certainly has the attention of lab executives and pathologists across the nation. As you will read here, since May two different lab industry lawsuits—now consolidated into one case—were filed in a federal court in Texas and each challenges the FDA’s statutory

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Two Different LDT Lawsuits Combined in Federal Court

Laboratory Compliance / Robert Michel

CEO SUMMARY: Different lawsuits challenging the FDA’s LDT rule were filed in recent months by the American Clinical Laboratory Association and the Association for Molecular Pathology. Both lawsuits were filed in the U.S. District Court for the Southern District of Texas, which will continue to oversee the now-unified case as it moves forward. Both plaintiffs

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