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“May 30, 2000 Intelligence: Late Breaking Lab News”

Late Breaking Lab News / By Robert Michel

Expect an announcement this week that Pathology Consultants of America, Inc. (PCA), based in Nashville, Tennessee, has acquired PathSOURCE, Inc. of Port Chester, New York. Both are single specialty physician practice management (PPM) companies devoted exclusively to pathology. Each company has substantial venture capital funding. PathSOURCE, organized by dermatopathologists, did not generate the revenue growth …

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Is Your Lab Still Making Buggy Whips?

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

OUR FIFTH ANNUAL Executive War College on Lab and Pathology Management is just around the corner. In just a few days, on May 16-17, 400 laboratory executives, administrators and pathologists will gather in New Orleans to learn the latest innovations in the management and operation of laboratories. That makes it timely for this crusty curmudgeon …

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LIS Vendors Moving to Internet

Laboratory Information Systems / By Robert Michel

SALES OF LIS SYSTEMS SLOWED DURING 1999 due to concerns about Y2K problems. But the real story in the LIS arena was the impending arrival of technology that takes advantage of the Internet and the Web. Sales champs in THE DARK REPORT’s annual ranking of the Top Ten LIS Vendors for 1999 are Meditech and …

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Quantum Dot Corporation, Healtheon/WebMD, Illumea

Laboratory Management / By Robert Michel

QUANTUM DOT CORP. TO COLLABORATE WITH GENENTECH PROGRESS IS SWIFT AT Quantum Dot Corporation, based in Palo Alto, California. Quantum Dot announced an agreement to collaborate with Genentech, Inc., headquartered in San Francisco, California. The goal is to evalute Qdot™ nanocrystals in a number of Genentech’s biological research assays. Quantum Dot also raised another $30 …

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LabCorp Buys Two More California Laboratories

Laboratory Management / By Robert Michel

CEO SUMMARY: Laboratory Corporation of America is serving notice that it intends to increase its competitive presence in California, the largest market for diagnostic testing in the United States. It recently signed agreements to purchase two respected independent laboratory companies, one in Los Angeles, the other in San Diego. Owners of both acquired companies had …

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“May 8, 2000 Intelligence: Late Breaking Lab News”

Late Breaking Lab News / By Robert Michel

There’s another healthcare Ecommerce company starting up. This one’s directed at the clinical laboratory industry. To be called “LabPortal.com,” it’s connected to Golder, Thoma, Cressey, Rauner Inc., Park City Solutions, and American Medical Laboratories. LabPortal.com will be managed by Mark Johnston, who left an executive post at LabCorp to join the new firm. Digene Corporation’s …

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Consolidated Med Labs Prepares To Close Down

Laboratory Management / By Robert Michel

CEO SUMMARY: One of the clinical lab industry’s most successful for-profit joint ventures will close its doors after 20 years of operation. The demise of Consolidated Medical Laboratories again demonstrates how difficult it is to overcome the different political agendas of hospital partners. Strong financial performance is frequently not enough to motivate hospital administrators to …

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Aetna Settles Texas Suit, To Reform Care Policies

Managed Care Contracts / By Robert Michel

CEO SUMMARY: Texas demonstrates that, where providers have political clout, some of the more onerous aspects of managed care can be changed. The Texas Attorney General sued Aetna and five other HMOs in 1998 about the way physicians were given incentives to stay within budget numbers for the cost of care. Aetna decided to settle …

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Looking for Laboratory Leadership

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

ONE ASPECT OF LABORATORY MANAGEMENT which is seldom discussed is the topic of leadership. Pure and simple, every laboratory organization and pathology group practice needs an effective leader if it is to survive and prosper. This is particularly true as reimbursement for lab services continues to shrink from year to year. In too many laboratory …

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2000’s Movers & Shakers Represent Strong Leaders

Laboratory Management / By Robert Michel

CEO SUMMARY: Its time again for THE DARK REPORT to make its yearly selection of the lab industry’s Movers & Shakers. Individuals chosen for 2000 represent a cross section of laboratory companies. Their successes demonstrate that leadership and vision continue to make a difference, despite the financial challenges of today’s healthcare marketplace. IT IS ALWAYS …

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