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Search Results for: pathology

Medicare HMO Program Debates Funding Levels

Managed Care Contracts / By Robert Michel

CEO SUMMARY: Medicare+Choice was to offer seniors insurance options that went beyond standard Medicare fee-for-service services.Through the 1990s, seniors enrolled in Medicare HMOs at phenomenal rates. A recent GAO report repeated claims that Medicare HMOs are over-funded, to the tune of $5.2 billion per year. Congress must now consider a dozen bills seeking increased reimbursement …

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Omnicom Group, CareSoft, eMedicine.com, Verisign, RSA Security

Laboratory Management / By Robert Michel

AD AGENCIES PREPARING “DIRECT TO PATIENT” MARKETING CAMPAIGNS HERE’S MORE EVIDENCE that healthcare providers like laboratories and pathology groups will increasingly market their services directly to consumers. One of the largest consolidated advertising agencies in the world has taken minority equity positions in five healthcare-related Internet companies. Omnicom Group, whose agencies include BBDO Worldwide and …

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“September 11, 2000 Intelligence: Late Breaking Lab News”

Late Breaking Lab News / By Robert Michel

Here’s an interesting rumor. The September 11 is- sue of Business Week magazine says that Abbott Laboratories Inc. may acquire Beckman Coulter, Inc., based in Fullerton, California. Business Week quoted a financial analyst who believed the rumor was true. Since this rumor became public, spokesmen for both Abbott and Beckman Coulter declined to make any …

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Laboratory Information Systems “On the Cheap”

Commentary and Opinion by R. Lewis Dark / By R. Lewis Dark

YOUR EDITOR AND I HAVE BEEN ATTEMPTING to make sense of the “Internet Revolution” in recent months. The ability of the Internet to make vast amounts of information available to anyone on demand, no matter where they are in the world, will definitely transform the clinical laboratory industry. After all, the fundamental product of any lab …

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HMO Decline Predicted As PPOs Gain Enrollment

Managed Care Contracts / By Robert Michel

CEO SUMMARY: Managed care analyst Michael Casey believes HMO enrollment will peak, possibly in 2000. PPOs (preferred provider organizations) are gaining members at an increasing rate. Within California, the provider revolt over deficient reimbursement levels is escalating. Orange County’s largest medical group, with 500 doctors, announced it would not accept new HMO contracts and might …

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Genesis Clinical Laboratory Hits Outreach Home Run

Laboratory Management / By Robert Michel

CEO SUMMARY: Commercial laboratory consolidation has left Chicago with only a handful of laboratory providers. New management at MacNeal Hospital’s for-profit laboratory division recognized this opportunity. During the past three years, the outreach program was revitalized and the sales force was expanded.The result has been increased revenues and a steady decline in the lab’s average …

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IMPATH, AmeriPath, LabOne, MedTox, Genomics Collaborative, PharmChem, CARESIDE, Luminex, Fisher Scientific

Laboratory Management / By Robert Michel

EMERGING BUSINESS OPPORTUNITY IN TISSUE BANKS & CANCER DATA EVEN AS THE HEALTHCARE SYSTEM squeezes pathologist incomes in a variety of specific professional services, it opens up business opportunities in other segments of the pathology field. Researchers and pharmaceutical companies want clinical data on cancer cases. They also have a need to evaluate a wide …

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“August 21, 2000 Intelligence: Late Breaking Lab News”

Late Breaking Lab News / By Robert Michel

Bio-Reference Laboratories, Inc. (BRLI) announced that its physician Web portal service, CareEvolve.com, gained 200 enrolled physicians in the first eight days following its August 1, 2000 release. As a laboratory company, BRLI recognizes that its physician network is the real asset in today’s world of healthcare informatics. CareEvolve.com is BRLI CEO Dr. Mark Grodman’s answer …

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Lab Industry Attracting New Investment Dollars

Laboratory Management / By Robert Michel

CEO SUMMARY: Professional investors with access to hundreds of millions of dollars of investment capital are closely scrutinizing the clinical laboratory industry. They are encouraged by the recent financial performance of public laboratory companies. For independent laboratory owners, this may be a golden opportunity to sell or restructure their business on favorable terms. RECENT FINANCIAL …

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Dr. Bruce Friedman Identifies Market Dynamics Driving Evolution of Lab Information Services

Laboratory Information Systems / By Robert Michel

CEO SUMMARY: Probably no one is better positioned to identify the evolution of laboratory information services than Bruce Friedman, M.D., Professor of Pathology at the University of Michigan Medical School in Ann Arbor. For almost 20 years, he has hosted the pre-eminent meeting in laboratory informatics, known as AIMCL—Automated Information Management for Clinical Laboratories. Dr. …

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