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TriPath Imaging and Ventana Sign Major Development Pact

IF THE NEW BUSINESS AGREEMENT between Ventana Medical Systems, Inc. and TriPath Imaging, Inc. is successful, then the anatomic pathology laboratory may have a very different look in future years. Last week, Ventana Medical Systems, Inc. announced a five-year global supply agreement with TriPath Imaging, Inc. that involves two primary objectives. First, Ventana will put …

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“September 20, 2004 Intelligence: Late Breaking Lab News”

Ventana Medical Systems, Inc. now has access to QdotĀ® nanocrystal technology for in vitro diagnostic applications in anatomic pathology and cytology. Ventana recently licensed the technology from Quantum Dot Corporation (QDC), based in Hayward California. It will use Qdots to create ā€œnext generation rapid, quantitative, and multiplexed assays for cancer diagnosis and disease management.ā€ Qdots …

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ChromaVision Targets National AP Market

CEO SUMMARY: Three new business strategies are moving ChromaVision into different segments of the laboratory testing marketplace. The company has built a new laboratory facility and will support local pathology groups with advanced diagnostic technology. It is also expanding its presence in the research and development area of pharmacodiagnostics, with an emphasis on oncology. PROFIT …

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Oncologyā€™s Potential Drives AP Lab Expansion

CEO SUMMARY: It is no coincidence that another public company is shifting its business focus and expanding its efforts to capture cancer-related anatomic pathology specimens. Demographic trends predict a steady increase in the number of new cancer cases yearly, while new technologies are giving physicians more effective ways to detect cancer and treat it. That …

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“August 30, 2004 Intelligence: Late Breaking Lab News”

Film-maker Michael Moore is ready to turn his cameras on the American healthcare system. During a tour of the United Kingdom this summer, the controversial director declared that he wanted to use his cameras to intervene and save lives. Moore, basking in the attention generated by his Fahrenheit 9/11 film, wants to ā€œembarrassā€ health insurance …

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ā€œActionable Intelligenceā€ In Real Time

BEFORE YOU READ THIS ISSUE, I would like to make three observations. Each will help you get maximum value from the information contained herein about the trend of in-house anatomic pathology (AP) laboratories in specialist physician groups. First, THE DARK REPORTā€™S coverage of this trend is unmatched by any other source in the lab industry. …

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Of Congress and the OIG: Speedy Action Ahead?

CEO SUMMARY: During the short life of AP laboratory condominium complexes, they have attracted the interest of both an influential Senator and the Office of the Inspector General (OIG). Last month, Senator Charles E. Grassley sent a letter to the OIG requesting that it investigate the AP lab condo scheme and report its findings to …

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AP Test Over-Utilization Will Be One Achillesā€™ Heel

CEO SUMMARY: Over-utilization is likely to be a prime concern when federal healthcare enforcers eventually investigate in-house anatomic pathology laboratories owned by specialist physicians. Some in-house pathology lab condo promoters are basing financial performance on 100% utilization of 12-core prostate biopsies. That significantly exceeds current clinical practices, as the numbers below demonstrate. OVER-UTILIZATION WILL BE …

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Exposed: Who Created Path Lab Condo Scheme

CEO SUMMARY: It wasnā€™t pathologists and it wasnā€™t laboratory executives who started this scheme. Anatomic pathology condominium laboratory complexes were conceived by urologists in Florida. Some Texas urologists jumped on the bandwagon early, becoming enthusiastic promoters of the scheme to other specialist physicians. Thatā€™s why Florida and Texas are the hotbed states for this movement. …

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Visit To A Path Condo Lab: ā€œYou Are Not Welcomeā€

NO ā€œWELCOME MATā€ greets visitors to an anatomic pathology (AP) condominium complex. That was certainly true last month when an agent of THE DARK REPORT attempted to visit a lab condo complex in San Antonio, Texas. Operated by UroPath, LLC, the lab condo complex is located at 7909 Fredericksburg Road in Suite 150. Also in …

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