Issue: Volume IV No. 10 - July 14, 1997

Legislators May Repeal New York Lab Surcharge

CEO SUMMARY: On January 1, New York State began to tax lab tests performed by free-standing laboratories with an 8.18% surcharge. The New York State Clinical Laboratory Association took its message directly to the public. Laboratories in New York State created enough consumer protest that legislators introduced bills in both chambers to exempt free-standing laboratories …

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3 Blood Brothers Differ On Surcharge Strategies

CEO SUMMARY: United we stand, divided we fall. On the issue of laboratory test surcharge repeal in New York, the three national labs took independent positions. Was the clinical industry served by this lack of unanimity? More importantly, do the actions of two of these national laboratories reveal a possible predatory attitude toward independent commercial …

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Proposed Monthly Test Limit Defeated By United Lab Action

PROPOSALS TO CAP laboratory tests at no more than six per month for MediCal patients in California alarmed clinical laboratories throughout the state. The California Clinical Laboratory Association (CCLA) took immediate steps to counter the proposals. “This was a budget issue initiated by state bureaucrats,” stated Michael Arnold, legislative advocate for CCLA. We were very …

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Physician Management Companies Exploding, Will Transform Healthcare

CEO SUMMARY: Consolidation and integration of healthcare services will be the dominant trend during the next five years. It happened to commercial laboratories from 1985-95. Widespread hospital consolidation began around 1990 and continues today. Now consolidation is coming to physicians. As physician practices consolidate and come under the management of multi-billion dollar national corporations, both …

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Dismal Hospital Finances Behind Lab Joint Venture

CEO SUMMARY: 1995 marked a pace-setting agreement between Columbia and LabCorp. LabCorp would consolidate and manage the laboratories at three Columbia Hospitals. All participants agree that the project has met expectations. But Columbia has yet to clone this model elsewhere. Here’s why. COMMENTATOR Paul Harvey is famous for his trademark radio programs which end with …

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“July 14, 1997 Intelligence: Late Breaking Lab News”

Neuromedical Systems, Inc.’s (NSI) President and CEO, Mark Rutenberg, is probably the first victim of the Pap smear technology wars. It was announced on June 30 that Rutenberg had resigned. Apparently investors are unhappy with his company’s performance. Despite widespread promotion of Neuromedical’s PapNet™ technology, the company’s stock price dropped precipitously in recent months. Rutenberg …

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