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Search Results for: pathology

Big Jump Predicted In Health Insurance Costs

Clinical Laboratory Trends / By Robert Michel

CEO SUMMARY: Spiraling health costs are about to become a headline issue once again. There is widespread evidence that health insurers are seeking premium increases of 20% from the nation’s biggest employers. Aetna recently announced a second quarter 2001 operating loss of $95.9 million. Increased utilization was a major factor in this loss. Labs may …

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Lab Testing Problems Attract Unfavorable Media Attention

Clinical Laboratory / By Robert Michel

DURING THE PAST TWO WEEKS, problems with laboratory tests received national media coverage, both on television and in print. The national publicity demonstrates the downside to growing consumer interest in laboratory testing. Journalists are willing to capitalize on public fears about the potential for medical errors. Early Warning To Labs Laboratory executives and pathologists should …

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DIANON Acquires UroCor And Boosts Urology Share

Clinical Laboratory / By Robert Michel

CEO SUMMARY: Following years of intense competition for the diagnostic testing business of office-based urologists, DIANON Systems and UroCor will now join forces. The recently-announced merger creates a powerhouse anatomic pathology company in the urology-based diagnostics services market. This merger also demonstrates that the market for anatomic pathology services remains robust. FOR MORE THAN THREE …

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Analysis of Lab Testing Market Reveals Competitive Shifts

Clinical Laboratory Trends / By Robert Michel

CEO SUMMARY: Even as public lab and anatomic pathology companies enjoy sustained growth in specimen volumes and revenues, fundamental shifts in the basic marketplace have changed the competitive environment. Surprisingly, the most open market segment is anatomic pathology specimens referred by physicians’ offices. Hospital inpatient and outpatient testing continues to be a limited growth opportunity …

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Annual Ranking of Public Laboratory Companies

Clinical Laboratory Trends / By Robert Michel

Public Laboratory Companies Continue To Generate Strong Rates of Growth CALENDAR 2000 was a banner year for all public laboratory and pathology companies in the United States. Virtually every company reported double-digit growth in annual revenues. The new twist in the lab marketplace is the arrival of national lab companies offering anatomic pathology services. Their …

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Connecticut Hospital Labs Win HMO Test Contracts

Managed Care Contracts / By Robert Michel

CEO SUMMARY: Connecticut Hospital Laboratory Network, LLC was formed in 1996 with the specific goal of winning managed care lab testing contracts. During the past five years it has steadily increased the number of patients covered by such contracts. Along the way, it has learned important lessons on how to price laboratory testing services and …

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“July 2, 2001 Intelligence: Late Breaking Lab News”

Late Breaking Lab News / By Robert Michel

Late last week DIANON Systems, Inc. announced it had signed a definitive agreement to acquire UroCor, Inc., based in Oklahoma City. In recent years, the two companies have competed intensely for case referrals from urologists. Valued at $180 million, the deal is expected to close by the end of 2001, subject to approval by shareholders …

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Patients “Bypassing” Doctors To Order Tests From Labs

Clinical Laboratory Trends / By Robert Michel

FOR THE SECOND TIME IN eight weeks, the Wall Street Journal (WSJ) has a printed a prominent story about trends in laboratory testing. Last Friday, June 8, 2001, the WSJ’s “Health Journal” column featured a story entitled “Patients Bypass Doctors to Get Medical Tests Directly From Labs.” Trigger to this story was the fact that …

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University of Minnesota Pathologists Organize Tissue Archives

Anatomic Pathology / By Robert Michel

CEO SUMMARY: Pathologists at the University of Minnesota Medical School are working to create an electronic data base that covers the more than 100 years of autopsy cases that have been archived and stored. Their goal is to use this information to improve teaching and to further research into the evolving nature of many diseases. …

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Unilab Files Registration For IPO of $115 Million

Clinical Laboratory / By Robert Michel

CEO SUMMARY: During the 1990s, Unilab used the twin strategies of lab acquisitions and aggressive sales and marketing to fuel rapid growth in specimen volumes and net revenues. However, California’s ultra-competitive managed care market and severe financial problems during the latter half of the decade almost sunk the laboratory. Today’s Unilab is a more experienced …

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