Issue: 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 scream¬†about the shortage of SARS-CoV-2 lab tests needed to manage¬†the COVID-19 pandemic. Recently, national news coverage¬†has begun …

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COVID-19 Pandemic Erodes Cash Flow at Clinical Labs

CEO SUMMARY: Every day, national news headlines scream¬†about the shortage of SARS-CoV-2 lab tests needed to manage¬†the COVID-19 pandemic. Recently, national news coverage¬†has begun focusing on concerns about inaccurate or unreliable¬†COVID-19 serology tests. But the story being missed by the¬†national news media is the steady deterioration of the finances¬†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 test¬†for the novel coronavirus SARS-CoV-2 on May 3, Roche Holdings¬†explained that its sensitivity level after 14 days was 100%,¬†which is an important point to understand about the test. When¬†assessing Roche‚Äôs claims, two experts agreed that the test¬†performs exceptionally well. Abbott Laboratories also reported¬†high performance levels for its …

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Coronavirus Tests Boost Immunology Lab’s Volume

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

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In Michigan, Short Supplies Constrain COVID Test Capacity

CEO SUMMARY: Because of a severe shortage of¬†supplies, members of Michigan‚Äôs two hospital laboratory¬†networks have been stymied in their ability to respond to¬†the pandemic and operate their SARS-CoV-2 analyzers¬†at full capacity. The lack of primers, reagents, specimen-collection swabs, test kits, and viral transport media¬†resulted from directives federal officials imposed in the¬†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 to¬†test patients who will return when¬†hospitals reopen for routine care.¬†Included in those plans are strategies¬†to do testing for the novel coronavirus¬†on patients who will return for everyday¬†care and elective procedures, said Barton¬†P. Buxton, EdD, President and CEO of¬†McLaren Health Management Group. MHMG provides laboratory and other¬†services in …

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June 1, 2020 Intelligence: Late-Breaking Lab News

Daily, national news¬†headlines call attention¬†to the lack of adequate¬†testing for COVID-19.¬†News reporters question why¬†clinical labs are unable to meet¬†the demand for SARS-CoV-2¬†tests. One major reason is the¬†lack of adequate supplies labs¬†need to collect specimens,¬†transport them, and perform¬†COVID-19 tests in large¬†numbers. This is one finding¬†of a study conducted by the¬†Association for Molecular¬†Pathology (AMP). In a press¬†release …

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

DURING THE CARONAVIRUS PANDEMIC,¬†gastroenterology and other¬†physician groups with in-house¬†medical laboratories‚ÄĒlike most medical¬†practices and clinical laboratories in the¬†United States‚ÄĒhave seen a sharp drop in¬†patient visits and specimen volume. That drop occurred at the same time¬†gastroenterologists experienced strong¬†growth in patient visits and in the specimen¬†volume they sent to anatomic¬†pathologists, said Kenneth N. Josovitz,¬†MD, MPH, President of Associates …

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