Since 1995, Reliable Business Intelligence for Clinical Laboratories, Pathology Groups and Laboratory Diagnostics

Volume IV No. 11 - August 4, 1997

Goodbye Pandemic! Hello Ransomware!

Being first to predict an important trend’s arrival or departure can bring accolades for perceptive foresight or rebukes for getting it wrong. This issue of The Dark Report puts us on the record for making early predictions on two trends, each with the potential to financially make or break your clinical laboratory or pathology group.  …

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Amazon Makes Big Play into Health, Diagnostics

CEO SUMMARY: Amazon is prepared to award $12 million in grants and is soliciting proposals for developing diagnostic technologies for detecting SARS-CoV-2 and other infectious diseases. This is the latest indication that the multi-billion-dollar enterprise would like to disrupt healthcare in the United States. Amazon has built clinical labs to provide COVID-19 testing to its …

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State of California’s COVID Lab Producing Inconclusive Results

Inconclusive COVID-19 test results and delays in reporting results continue to plague the state of California’s brand new clinical laboratory, located in Valencia. That’s according to reports by several news outlets in the Golden State.  On Nov. 20, CBS13 reported that the “state’s new billion-dollar PerkinElmer lab is returning a high number of inconclusive test …

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Clinical Lab Industry A Mature Marketplace

In our role as the lab industry’s management “futurist” we spend a lot of time pondering the meaning of individual events in cities throughout the United States. One common trait of successful organizations is their ability to accurately translate such events into a strategic plan which correctly predicts the future… and positions their company to …

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Quest Diagnostics, Sonora Join Phoenix Operations

CEO SUMMARY: When Quest Diagnostics Incorporated and Sonora Laboratory Sciences announced their joint venture, it confirmed that Quest Diagnostics is the first of the national laboratories to begin serious restructuring of its national network of regional laboratories. Such restructuring will include local partners. Expect similar arrangements to occur in other cities during the next two …

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Joint Venture In Phoenix To Be Copied Elsewhere

CEO SUMMARY: Look for the Quest-Sonora joint venture to be followed by others in coming months. Competition and marketplace realities are forcing the three national laboratories to respond with groundbreaking strategies. Hospital laboratory partners in these deals can reap significant benefits with savvy negotiations. SHARED EQUITY VENTURES between hospitals and commercial laboratories are tough to …

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Big Hospital-PPM Alliance Announced For New York

CEO SUMMARY: This alliance involves PhyCor and the New York and Presbyterian Hospitals Care Network. Like the MedPartners/Tenet deal in California reported in our last issue, this joint venture will have far-reaching impact upon the local healthcare marketplace it serves. HOSPITALS ARE LEARNING that physician practice management companies (PPM) might be an effective way to …

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Probe of Columbia/HCA Generates Indictments

CEO SUMMARY: Hospital laboratory executives should pay close attention to how federal prosecutors develop their case against Columbia/HCA. Earlier “Labscam” settlements with commercial laboratories and hospital laboratory billing practices centered around restitution and fines for improper billing. In the case of Columbia, criminal charges against key executives will be an overarching part of this investigation. …

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Corning Stock Price Skyrockets Since Spin-Off Of Corning Labs

STOCK PRICES of Corning Incorporated have climbed since the divestiture on January 1, 1997 of Corning Clinical Laboratories and Corning Life Sciences into Quest Diagnostics Incorporated and Covance, Inc., respectively. During 1995 and 1996, few laboratory executives knew how much of a financial drag Corning Labs was to its parent company. This financial pressure led …

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Dynacare Inks New Pact With Milwaukee Hospital

CEO SUMMARY: Dynacare is on the move again. Its latest partnership is with a leading Milwaukee hospital. Dynacare’s aggressive marketing effort to develop joint ventures with hospital laboratories will continue. It may announce more new contracts by year’s end. DEALMAKERS FROM Dynacare’s U.S. operations continue to press hospitals from coast to coast. Last Wednesday Froedtert …

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