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Search Results for: pathology

Pap Technology Wars Expected to Intensify

Laboratory Equipment / By Robert Michel

CEO SUMMARY: With patience and persistence, Digene, Inc. is developing the effectiveness of its DNA-based HPV assay. Publication of recently-completed clinical trials provides evidence that Digene’s Hybrid Capture II ® HPV test, with further improvement, might become a relevant tool in the diagnostic pathway for cervical cancer. It’s another new technology with the potential to …

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Being the Biggest Doesn’t Guarantee Success

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

NEWS THAT ANOTHER HEALTHCARE GIANT is in financial trouble and the object of an unwanted acquisition offer should not be surprising. Even if Aetna, Inc. is purchased by WellPoint Health Insurance Networks Inc. and ING Group NV, the new buyers must fix the same problems now plaguing the nation’s largest health insurer. (See page 8.) …

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AmeriPath Pursues Ambitious Strategy Of Rapid Expansion

Pathology Trends / By Robert Michel

CEO SUMMARY: As the pathology profession’s only publicly-traded physician practice management company, AmeriPath is the spear point of far-reaching changes now transforming pathology. With an annual revenue run rate of $270 million and an ample war chest of growth capital, AmeriPath intends to continue its steady expansion. In the 28 months since its initial public …

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Park City Solutions, DIANON, IMPATH American Med Labs, Cytyc, TriPath Imaging

Laboratory Management / By Robert Michel

PARK CITY SOLUTIONS AND AMERICAN MEDICAL LABS CREATE STRATEGIC PACT TWO COMPANIES FINANCED by GTCR Golder Rauner, LLC, the private equity firm based in Chicago, announced a strategic relationship. Park City Solutions, Inc. of Park City, Utah and American Medical Laboratories, Inc. (AML) of Chantilly, Virginia will work together to develop e-business services for healthcare, …

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Proposed Federal Budget Threatens Laboratories

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

BY NOW MOST OF YOU KNOW THAT PRESIDENT CLINTON’S FY01 BUDGET is not kind to the clinical laboratory industry. It seeks to restore the 20% copayment for lab services, cuts 30% out of the reimbursement for four tests, and institutes the Medicare competitive bidding concept for lab services. Over the last 15 years, the track …

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Abaton’s Web Solution In Use at Allina, Centrex

Laboratory Information Systems / By Robert Michel

CEO SUMMARY: Abaton.com was among the first companies to actually have Web-based information products linking hospital labs and physician offices. As early as 1997, the Allina Health System was working with Abaton.com to implement a laboratory test requisition/test results system using Web browsers. Centrex Clinical Labs is another Abaton client now implementing a Web-based, thin …

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Single-Specialty Path PPMs Posting Strong Growth, Profits

Pathology Trends / By Robert Michel

CEO SUMMARY: Although the financial travails of the physician practice management (PPM) industry are widely known, there is little recognition that a number of single-specialty PPMs are doing well. This is true of pathology, where at least six pathology-based PPMs still remain in business. The best of them demonstrate strong revenue growth and good profits. …

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Client Bill Pricing Policy Rises To Medicare Level

Laboratory Billing / By Robert Michel

CEO SUMMARY: Within the laboratory industry, there has been a decade-long debate over whether offering discount prices in client bill states could violate some Medicare regulations. UroCor, Inc. decided that an OIG opinion issued in December to a pathology company signaled a potential change in how HCFA and the OIG might begin to view client …

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New Blood Entering the Lab Industry

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

SURPRISE! THERE’S A QUIET MANAGEMENT REVOLUTION UNDER WAY in both the clinical laboratory industry and pathology profession. During the past few years, a steady flow of new-thinking Presidents and CEOs have taken control of laboratories, pathology group practices, and vendor companies. From CEO Ken Freeman of Quest Diagnostics Incorporated to CEO James New of AmeriPath, …

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Digene Corp’s HPV Test Attracts More Attention

In Vitro Diagnostics / By Robert Michel

CEO SUMMARY: Evidence accumulates that HPV testing may be an effective way to identify women at risk for cervical cancer. Both Laboratory Corporation of America and Quest Diagnostics Incorporated recently added Digene’s Hybrid Capture® II HPV test to their menu. The intent is to offer physicians a follow-up test for patients with Pap smears that …

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