Issue: Volume VI No. 10 - July 19, 1999

Quest Holds Off on SBCL, Leaves the Door Open

CEO SUMMARY: It’s a cryptic situation as of press time. Quest Diagnostics issued a public statement on July 1 stating that its acquisition of SmithKline Beecham Clinical Laboratories would not close on July 2, as expected. Since that date, there’s been no further comment on the situation. Wall Street analysts and Quest competitors are watching …

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McKesson on HBOC, PAML, Medicare Coding, Abbott Laboratories

SCANDAL AT HBO & CO. TAINTS MCKESSON HBOC FIVE EXECUTIVES WERE SACKED by McKesson HBOC Inc.’s Board of Directors last month in response to allegations of financial improprieties. All five were employed by HBOC prior to its acquisition by McKesson last year. The terminations were accompanied by the resignation of McKesson’s CEO, Mark Pulido, and …

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Associated Pathologists Laboratories Pursues Drugs of Abuse Testing

CEO SUMMARY: Since 1994, Las Vegas-based Associated Pathologists Laboratories has carved a thriving business from drugs of abuse testing. Its fast-growing toxicology business is built around a full-service menu of testing services. This includes a patented drug screen based upon testing hair samples, which can detect up to twice the number of drug users as …

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Wedding Between AutoCyte and NeoPath Will Spawn A Single Prep/Screen System

CEO SUMMARY: Various technologies that automate cytology and Pap smear screening entered the clinical marketplace during the last four years. Because managed healthcare views new technology with a more skeptical eye than fee-for-service healthcare, THE DARK REPORT has provided extensive analysis for our clients on how and why the market has embraced or rejected this …

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Healtheon and WebMD Merger Portends Changes to Lab Testing

SO FAR CLINICAL LAB EXECUTIVES have yet to see any profound changes that Internet-based services might cause to existing laboratory practices and procedures. That situation may change, however, with the merger of Healtheon Corporation of Santa Clara, California and WebMD, Inc. of Atlanta, Georgia. The merger is expected to occur during fourth quarter 1999. Internet …

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“July 19, 1999 Intelligence: Late Breaking Lab News”

One of dermatopathology’s academic giants has been snared by a pathology PPM. A. Bernard Ackerman, M.D., will leave his professor post at Jefferson Medical College in Philadelphia to work with AmeriPath, Inc. and help it develop a dermatopathology center in New York City. It is to be called the Ackerman Academy of Dermatopathology. AmeriPath’s goal …

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