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Volume XXVII No. 8 - June 1, 2020

COVID-19 Pandemic Erodes Cash Flow at Clinical Labs

This is an excerpt of a 1,209-word article in the June 1, 2020 issue of THE DARK REPORT (TDR). The full article is available to members of The Dark Intelligence Group. CEO SUMMARY: Every day, national news headlines screamĀ about the shortage of SARS-CoV-2 lab tests needed to manageĀ the COVID-19 pandemic. Recently, national news coverageĀ has begun […]

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COVID-19 Pandemic Erodes Cash Flow at Clinical Labs

CEO SUMMARY: Every day, national news headlines screamĀ about the shortage of SARS-CoV-2 lab tests needed to manageĀ the COVID-19 pandemic. Recently, national news coverageĀ has begun focusing on concerns about inaccurate or unreliableĀ COVID-19 serology tests. But the story being missed by theĀ national news media is the steady deterioration of the financesĀ of the clinical laboratory organizations that are

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COVID-19 Serology Test Claims 98.8% Accuracy

CEO SUMMARY: When it announced its new antibody testĀ for the novel coronavirus SARS-CoV-2 on May 3, Roche HoldingsĀ explained that its sensitivity level after 14 days was 100%,Ā which is an important point to understand about the test. WhenĀ assessing Roche’s claims, two experts agreed that the testĀ performs exceptionally well. Abbott Laboratories also reportedĀ high performance levels for its

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Coronavirus Tests Boost Immunology Lab’s Volume

CEO SUMMARY: Physicians treating patients with compromisedĀ immune systems who contract the new coronavirus needĀ immunology tests to guide risk-assessment decisions for theseĀ patients. At a Virginia lab that specializes in such testing, specimenĀ volume has tripled since the SARS-CoV-2 pandemic began.Ā The lab does immunology testing for patients needing transplants,Ā as well as for patients who have AIDS, cancer, diabetes,Ā heart

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In Michigan, Short Supplies Constrain COVID Test Capacity

CEO SUMMARY: Because of a severe shortage ofĀ supplies, members of Michigan’s two hospital laboratoryĀ networks have been stymied in their ability to respond toĀ the pandemic and operate their SARS-CoV-2 analyzersĀ at full capacity. The lack of primers, reagents, specimen-collection swabs, test kits, and viral transport mediaĀ resulted from directives federal officials imposed in theĀ supply chain in favor of

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Lab Directors Develop Plans for Return of Routine Hospital Care

CLINICAL LABORATORY DIRECTORS IN MICHIGAN are developing plans toĀ test patients who will return whenĀ hospitals reopen for routine care.Ā Included in those plans are strategiesĀ to do testing for the novel coronavirusĀ on patients who will return for everydayĀ care and elective procedures, said BartonĀ P. Buxton, EdD, President and CEO ofĀ McLaren Health Management Group. MHMG provides laboratory and otherĀ services in

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June 1, 2020 Intelligence: Late-Breaking Lab News

Daily, national newsĀ headlines call attentionĀ to the lack of adequateĀ testing for COVID-19.Ā News reporters question whyĀ clinical labs are unable to meetĀ the demand for SARS-CoV-2Ā tests. One major reason is theĀ lack of adequate supplies labsĀ need to collect specimens,Ā transport them, and performĀ COVID-19 tests in largeĀ numbers. This is one findingĀ of a study conducted by theĀ Association for MolecularĀ Pathology (AMP). In a pressĀ release

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March, April Patient Visits Drop at Virginia Physician Group and Lab

DURING THE CARONAVIRUS PANDEMIC,Ā gastroenterology and otherĀ physician groups with in-houseĀ medical laboratories—like most medicalĀ practices and clinical laboratories in theĀ United States—have seen a sharp drop inĀ patient visits and specimen volume. That drop occurred at the same timeĀ gastroenterologists experienced strongĀ growth in patient visits and in the specimenĀ volume they sent to anatomicĀ pathologists, said Kenneth N. Josovitz,Ā MD, MPH, President of Associates

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