Since 1995, Reliable Business Intelligence for Clinical Laboratories, Pathology Groups and Laboratory Diagnostics
IF YOU TAKE THE TIME TO STUDY THE FINANCIAL PERFORMANCE of certain public laboratories in 1999 and into 2000, you will be struck by the strong growth and profit numbers. That is contrary to the popular wisdom, which says that the clinical lab industry is in financial doldrums. But the strong financial gains posted by …
Professional Management Does Get Results Read More »
CEO SUMMARY: Professional investors with access to hundreds of millions of dollars of investment capital are closely scrutinizing the clinical laboratory industry. They are encouraged by the recent financial performance of public laboratory companies. For independent laboratory owners, this may be a golden opportunity to sell or restructure their business on favorable terms. RECENT FINANCIAL …
Lab Industry Attracting New Investment Dollars Read More »
CEO SUMMARY: During the past six years, no general clinical laboratory company has undergone an initial public stock offering (IPO). That will certainly change during the next 24 months. There are several private lab companies which want to go public. But this business strategy can only succeed if the stock market stays flush and the …
Several Labs Planning A Public Stock Offering Read More »
CEO SUMMARY: Probably no one is better positioned to identify the evolution of laboratory information services than Bruce Friedman, M.D., Professor of Pathology at the University of Michigan Medical School in Ann Arbor. For almost 20 years, he has hosted the pre-eminent meeting in laboratory informatics, known as AIMCL—Automated Information Management for Clinical Laboratories. Dr. …
CEO SUMMARY: Qualigen, Inc. gained FDA approval to sell its FastPack™ System for PSA testing in the United States. Qualigen is one more example of a technology company that expects to shift diagnostic testing out of core laboratories and closer to the patient. Initially Qualigen will sell this system to urologists, where it believes the …
Qualigen’s POL PSA Test Cleared for Sale by FDA Read More »
Medical Management Programs, Inc. (MMP) of Southfield, Michigan is the new owner of the TPA (third party administrator) business formerly held by Universal Standard Medical Laboratories. MMP purchased the TPA business involving lab testing and home health services from USML’s Chapter 7 bankruptcy case last fall. During the 1990s, USML was unique among the nation’s …
“July 31, 2000 Intelligence: Late Breaking Lab News” Read More »
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