Issue: Volume XI No. 8 - June 7, 2004

Cement Shortage, Oil Prices, and U.S. Healthcare

TODAY I AM GOING TO CONNECT CEMENT SHORTAGES and spiraling oil prices to intractable problems in our healthcare system. It’s a way for me to show you an example of how globalization’s impact to non-healthcare businesses can similarly affect the American healthcare system. Climbing gasoline prices, now above $2.00 per gallon in many regions of …

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Molecular Diagnostics’ “Gap in Expectations”

CEO SUMMARY: This year’s Executive War College provided strong evidence that the twin trends of molecular diagnostics and Lean management methods are taking root within the laboratory industry. Each is a trend in its infancy. Molecular diagnostics will require considerable time before it exerts substantial impact on labs across the country. In contrast, Lean management …

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Congress Holds Hearing On Hospital Lab Fiasco

CEO SUMMARY: Problems at the laboratory of Maryland General Hospital came under scrutiny at a recent Congressional hearing. There was plenty of criticism and embarrassment for several entities which should have detected the problems and reacted to the situation more effectively. Serious questions were asked about how and why so many safeguards failed to detect …

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CalPERS Drops 38 Hospitals From Its Preferred Network

IF CALPERS HAS ITS WAY, 38 hospitals and 17 physician groups will no longer be able to provide services to its healthcare network. On May 19, 2004, the California Public Employees’ Retirement System (CalPERS) announced a list of providers that it was excluding from its provider network for 2005. The news was a bombshell in …

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Pathologist Activities Evolve In VA’s “Paperless” Hospitals

“When a hospital or laboratory goes ‘paperless’, it’s no longer ‘business as usual’ for pathologists.” —Bruce Dunn, M.D. CEO SUMMARY: One outcome of the Veteran Administration’s (VA) ongoing effort to create a totally-integrated information system was to give the laboratory increased capabilities to enhance diagnostic testing services. It’s also changing the way pathologists practice laboratory …

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Federal Government Leading March to Universal EMR

CEO SUMMARY: On April 26, 2004, President George W. Bush announced a new goal for the nation: an electronic medical record (EMR) for every patient within ten years. Last July, THE DARK REPORT predicted that the federal government would take the lead role in pushing healthcare to adopt a universal electronic medical record. Introduction of …

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“June 7, 2004 Intelligence: Late Breaking Lab News”

Business Week Magazine placed Bio-Reference Laboratories, Inc. (BRLI) on its 2004 list of the Top 100 Hot Growth Stocks. BRLI, based in Elmwood Park, New Jersey, was ranked 16th. Business Week announced the list in its June 7, 2004 issue. With steady growth in revenues and net profits in recent years, BRLI’s shares have performed …

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