Issue: Volume XII No. 13 - September 12, 2005

Sonic HealthCare In US: How Will Market Change?

CEO SUMMARY: LabOne, Inc.’s acquisition by Quest Diagnostics Incorporated, announced in early August, removes, as a competitor, a lab company that was growing and beginning to credibly challenge the two blood brothers. Just weeks later, Sonic Healthcare Ltd.’s purchase of Clinical Pathology Laboratories, Inc. of Austin, Texas brings a brand-new competitor into the national lab …

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HCA Buys IRL From MDS, Makes Plans for Future

CEO SUMMARY: When HCA purchased the MDS partner share in Integrated Regional Laboratory of Ft. Lauderdale, Florida, it marked the end of MDS Laboratories’ ten-year “United States Adventure.” It also put HCA in full ownership of an automated core laboratory and a laboratory outreach testing program full of promise. Efforts are underway at IRL-FLA to …

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“September 12, 2005 Intelligence: Late Breaking Lab News”

Integration of healthcare information is attracting major investments. On August 29, 2005, Per Se Technologies, Inc. and Wolters Kluwer NV announced that they would acquire NDCHealth Corp. They will pay $700 million and assume $270 million in debt. Per Se provides billing services to physicians throughout the country. AmeriPath, Inc. is one of its customers. …

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A Tale of Two Hospitals

DURING THE PAST TWO WEEKS, we’ve watched as the nation’s 35th largest city—New Orleans—and a metropolitan area encompassing more than 1 million people has literally ceased to exist. Today this region is effectively a ghost town and former residents are scattered throughout the United States. This event is unparalleled in American history. The closest natural …

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Houston Lab Fills Gap For Katrina Evacuees

CEO SUMMARY: Literally overnight, Houston found itself dealing with tens of thousands of evacuees fleeing the destruction in New Orleans and surrounding areas. Many evacuees arrived in poor health. The Harris County Hospital District laboratorians of Houston pitched in to create an emergency laboratory support system that was surprisingly sophisticated. Here’s how labs in Houston …

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Lab Suppliers Step Up In Katrina’s Aftermath

CEO SUMMARY: It’s a story that escapes media coverage. As Hurricane Katrina advanced northward, often the first source of fresh supplies and disaster relief for laboratories affected by the storm was their instrument vendor or other supplier. Many of these companies were prepositioning needed laboratory supplies and relief items even while Hurricane Katrina was still …

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Top Ten Clinical Molecular Companies

HERE ARE THE TOP TEN MOLECULAR DIAGNOSTICS COMPANIES, ranked by revenues from international sales of clinical molecular products during 2004. Collectively, these ten firms generated total revenues of $1.74 billion. By itself, Roche Diagnostics represents 40% of this market. One reason for this large number is the revenues generated by the PCR patents the company …

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Sonic Healthcare Buys Clinical Pathology Labs

CEO SUMMARY: It’s one of the most interesting lab acquisitions to take place in the past decade. Pathologist-owners of Austin, Texas-based Clinical Pathology Laboratories, Inc. are selling up to 85% of their lab company to Sonic Healthcare, Ltd, Australia’s largest laboratory firm. The acquisition brings a new lab competitor into the U.S. market and is …

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