Issue: Volume XXVIII, No. 7 - May 24, 2021

Predicting Future Demand for COVID-19 Testing

CEO SUMMARY: After 15 months of the pandemic, the nation’s clinical laboratories are at an interesting crossroads. Is the COVID-19 outbreak diminishing and close to disappearing? Or might it intensify again, particularly when the traditional influenza season arrives next fall? There has been an 82% drop in the daily number of molecular COVID-19 tests since …

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Ransomware Attackers Target Health Providers

CEO SUMMARY: Both malware and ransomware have been around for a number of years. But the attacks launched today against healthcare providers are more sophisticated and better at achieving the total shutdown of targeted hospitals, doctor groups, and clinical laboratories. For this reason, clinical labs and pathology groups should put ransomware high on their list …

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$400,000 Settlement in VA Wrongful-Death Case

CEO SUMMARY: Did “the system” fail patients and physicians at one Veterans Health Administration center? The public disciplinary records of pathologist Robert Morris Levy over several decades show that any laboratory employing Levy had reason to monitor closely the accuracy of his diagnoses and his sobriety on the job. In March, the federal government agreed …

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Lab Briefs

University of Miami Settles Lab Qui Tam Lawsuit for $22 Million EARLIER THIS MONTH, THE FEDERAL DEPARTMENT OF JUSTICE (DOJ) announced a settlement with the University of Miami that resolves allegations that the university ordered medically-unnecessary tests and submitted false claims to federal healthcare programs.  In the settlement, the University of Miami will pay $22 million …

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Pandemic Complicates Sales for Lab Info System Companies

HEALTHCARE INFORMATION TECHNOLOGY (IT) COMPANIES serving clinical laboratories and providers with laboratory information systems (LISs) and electronic health records (EHRs) shared recent financial reports on their businesses.  It is challenging to obtain information about the revenue growth and market share of the leading vendors of laboratory information systems because these LIS businesses are either a division …

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May 24, 2021 Intelligence: Late-Breaking Lab News

With little fanfare, the company that was incorporated as Laboratory Corporation of America Holdings rebranded itself. It is now officially called Labcorp (with a lower case c). This won’t be much of a change for the clinical laboratory profession, which has long seen the company use LabCorp (with an upper case C) in most marketing …

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