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Volume XIX No. 2 - January 30, 2012

Pick Your Medicine: Personalized or Precision?

Commentary and Opinion by R. Lewis Dark / By

DURING THE PERSONALIZED MEDICINE WORLD CONFERENCE (PMWC) that took place in Silicon Valley last week, there was much excitement about the earliest clinical services that meet the definition of personalized medicine. It won’t surprise pathologists and lab administrators to learn that companion diagnostics is considered a frontline example of personalized medicine. Our Editor-In-Chief, Robert L. …

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Form 5010 Changeover Causing Payment Delays

Laboratory Billing / By

CEO SUMMARY: Even after testing compliance with HIPAA Form 5010 for more than a year, one out of four payers is not ready to pay claims using this new form. Claims payment experts are telling clinical labs to expect some shortfall of revenue in coming weeks as payers struggle to program their systems to cleanly …

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Roche Offers $5.7 Billion To Acquire Illumina Inc.

Genetic Testing / By

CEO SUMMARY: Once again, Roche is hunting for gene sequencing and gene analysis technology that can support its goal of being a world leader in gene-based therapeutics and clinical lab testing that utilizes gene tests and molecular diagnostics. Last week, Roche launched a hostile stock tender offer for shares of Illumina, Inc., of San Diego, …

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Personalized Medicine: Meet Pathologists’ New Competitors

Laboratory Equipment / By

IF THERE IS ANY SINGLE “NEXT BIG THING” that will truly revolutionize healthcare, it is likely to be personalized medicine. This approach promises to deliver improved outcomes to individual patients, while helping to control—or even reduce—the cost of care. Central to personalized medicine will be the need for the physician to have information about the …

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From Modest Beginnings, Two Lab Networks Find Success

Laboratory Management / By

“For 20 years, our regional laboratory network here in Detroit has played an important role in helping member hospital laboratories build their lab outreach programs.” —Jack Shaw, Executive Director, Joint Venture Hospital Laboratories CEO Summary: During the 1990s, hospital laboratories in Detroit, Michigan (1992), and Seattle, Washington (1996), banded together to form regional laboratory networks. …

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GHSU Graduates Med Techs Using Distance Training

Laboratory Management / By

CEO SUMMARY: Many clinical labs experiencing a shortage of trained medical laboratory scientists (MLS) in their city continue to overlook how the use of distance training programs could help them attract and retain top-performers. Leaders of the clinical laboratory scientist (CLS) distance training program at Georgia Health Sciences University (GHSU) say distance students are enthusiastic …

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January 30, 2012 “Intelligence: Late Breaking Lab News”

Late Breaking Lab News / By

It’s a sign of the times and a warning to clinical labs and lab industry vendors. Money is short at some community hospitals— meaning bills are going unpaid. In Birmingham, Alabama, the Birmingham News reported that Cooper Green Mercy Hospital is $1 million behind in its bills. Among the creditors mentioned were Beckman Coulter Corporation …

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