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Specialty Laboratories, IMPATH, Roche, Abbott Laboratories, Celera Diagnostics

SPECIALTY LABORATORIES RESTORING STABILITY IN SPECIMEN VOLUME IT’S NO SURPRISE THAT COMPETITORS of Specialty Laboratories, Inc. have been willing to spread a variety of rumors about the laboratory company, given its well-publicized troubles with government regulators last year. Notwithstanding these rumors, the reality at Specialty Labs is quite different. On April 24, the company, based …

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Toronto Hospital Labs Cope With SARS Impact

CEO SUMMARY: Canada has become one of the world’s hot spots for SARS. Concern about the unexpected number of hospital workers who contracted the disease triggered a halt to all but the most life-threatening patient care needs in many hospitals in Ontario. The manner in which this disease is transmitted is causing lab administrators in …

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LabCorp’s MacMahon Provides Insights About Lab Marketplace

CEO SUMMARY: Pathologists will be particularly interested in what Thomas MacMahon has to say about the evolution of laboratory medicine. As Chairman, President, and CEO of Laboratory Corporation of America Holdings, he has continuous access to some of the best strategic analysis about the laboratory testing marketplace and its evolution. MacMahon has several surprising predictions …

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“April 14, 2003 Intelligence: Late Breaking Lab News”

Lab executives and pathologists concerned about closed panel HMOs should closely study a recent Supreme Court decision. On April 2, the court issued a ruling that supports a state’s right to enact “any willing provider” laws. Kentucky had passed two laws requiring health plans to accept all out-of-network physicians, hospitals, laboratories, and other healthcare providers, …

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Why Patient Safety Is Change Agent for Labs

CEO SUMMARY: In the 1990s, managed care was the dominant change agent to the nation’s healthcare system. During the 2000s, it will be patient safety. However, unlike the unpleasant consequences of HMOs, capitation, and utilization risk, patient safety will prove to be a benevolent trend for physicians, hospitals, and laboratories. THROUGHOUT the American healthcare system, …

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Royal Free Hospital Is First Big British Lab Automation Project

CEO SUMMARY: To date, only a handful of total laboratory automation (TLA) projects have been implemented in Great Britain. One of those first TLA projects is at the Royal Free Hospital, Hampstead, located in the northern suburbs of London. Design work started in 1998 and the first phase became operational in 2000. Despite Britain’s single-payer …

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Oldest “Working” Pathologist Dies at 104 on March 9

WORKING EIGHT-HOUR DAYS until a few weeks before his death on March 9, pathologist F. William Sunderman, M.D., Ph.D., Sc.D., lived a remarkable life. During his 104-year life, Dr. Sunderman played a key role in founding the Pennsylvania Association of Clinical Pathologists in 1946 and is credited with developing one of the earliest proficiency testing …

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Buyout of AmeriPath Riles Some Shareholders

CEO SUMMARY: Owners of the few remaining independent private laboratory companies closely watch prices paid by lab buyers. In the pending sale of AmeriPath to private equity investor Welsh, Carson, Anderson, & Stowe, dissenting shareholders disclosed several aspects of the valuation process. This information provides useful insights into the process of valuing laboratory companies. DISSENTING …

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“Where’s The Beef?” AP’s AWOL at AmeriPath

REMEMBER THAT FAMOUS TELEVISION commercial from Wendy’s burger restaurants? The elderly lady scrutinizes a big hamburger bun that’s obviously short on meat and asks the seminal question “Where’s the beef?” In 1984, it was a catch line that captured the American imagination and was repeated everywhere. More than 19 years have passed and people continue …

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Carolina Blood Bank, PSA, Carolinas Healthcare, Leapfrog Group, CMS

PATHOLOGY GROUP IN SALT LAKE CITY BECOMES PSA MEMBER UTAH IS THE NEWEST STATE to have a pathology group practice become part of Pathology Service Associates, LLC (PSA). Based in Salt Lake City, Utah Pathology Services, Inc. is the first PSA-affiliated practice in that state. Utah Pathology Services has 14 pathologists and serves three hospitals …

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