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California’s Physicians Face Financial Meltdown

Managed Care Contracts / By Robert Michel

CEO SUMMARY: It’s a what-if scenario that may come true. Healthcare providers in the Golden State are going broke at an astounding rate. Physicians seem to be the hardest hit, but signs indicate that hospitals are also heading toward serious financial difficulties. In a nutshell, a decade of draconian cutbacks to provider reimbursement have left …

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Revamped Houston JV Validates Industry Trend

Laboratory Management / By Robert Michel

CEO SUMMARY: Change is notoriously slow in both the hospital and the clinical laboratory industry. The announcement of a revamped laboratory joint venture between Houston’s Memorial Hermann Healthcare System and Dynacare demonstrates that market pressures continue to encourage the rationalization of laboratory services. It doesn’t hurt that this joint venture also expects to post healthy …

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UroCor, Unilab, AmeriPath, MedPartners, Epitope

Laboratory Management / By Robert Michel

UROCOR INKS PACT TO MATCH DIAGNOSTICS WITH THERAPEUTICS HERE’S A PIONEERING EFFORT to more closely link diagnostics and therapeutics into a single product package. UroCor, Inc. and Mallinckrodt, Inc. signed an agreement that allows Mallinckrodt to sell and distribute UroCor’s new radiation treatment for prostate cancer. UroCor’s product, ProstaSeed I-125, is a radioactive pellet used …

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“October 11, 1999 Intelligence: Late Breaking Lab News”

Late Breaking Lab News / By Robert Michel

Here’s a hats-off to Ortho-Clinical Diagnostics (OCD). At a time when everything in the healthcare system seems to be taking things away from clinical laboratories, OCD has organized a worthwhile laboratory management best practices day for its most loyal customers. Started four years ago, this unique event is championed and nurtured by James Ellis, OCD’s …

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Bi-Coastal Powerhouse Formed by Lab Merger

Laboratory Management / By Robert Michel

CEO SUMMARY: Changes to healthcare continue to stimulate responses from independent commercial laboratories. This time it’s a merger of Las Vegas-based Associated Pathologists Laboratories with American Medical Laboratories of Chantilly, Virginia. This combination creates the third-largest commercial laboratory organization in the United States and shows that size is still important. CONSOLIDATION OPPORTUNITIES continue to fuel …

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Pathologist Income Symposium, Healtheon, Biogenetics, Healthworks Alliance

Laboratory Management / By Robert Michel

PATHOLOGIST INCOME SYMPOSIUM DATES ARE NOVEMBER 12-13, 1999 SCOTTSDALE IS AGAIN SLATED TO HOST the upcoming private Pathologist Income Symposium, scheduled for November 12-13, 1999. This year’s symposium tackles the toughest of all topics: increasing the compensation paid by hospitals for pathology Medicare Part A technical services. Compelling case study presenters will offer effective techniques …

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Don’t Take Your Eyes Off the Ball!

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

HOW MANY OF US HAD A FATHER WHO TAUGHT US THE BASICS OF BASEBALL almost as soon as we learned to walk? I can still remember my father repeatedly advising me “don’t take your eyes off the ball!” With the recent merger of Quest Diagnostics Incorporated and SmithKline Beecham Clinical Laboratories (SBCL), the warning “don’t …

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“August 30, 1999 Intelligence: Late Breaking Lab News”

Late Breaking Lab News / By Robert Michel

There’s a new for-profit hospital player out there which probably needs a good laboratory leader. Iasis Corp. of Nashville, Tennessee just spent more than $800 million to buy 15 hospitals. Iasis is a hospital management company. It expects both deals to close in October. Odds are that Iasis will need to create a position for …

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Applying Heat to the Pressure Cooker

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

I AM STRUCK BY THE NON-STOP TIDAL WAVE OF CHANGE which continues to strike at clinical laboratories and pathology practices. Although it may be tough to quantify the volume of change, that task becomes easier if you use each issue of THE DARK REPORT as a measuring post of change. Take this issue, for example. As …

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McKesson on HBOC, PAML, Medicare Coding, Abbott Laboratories

Laboratory Management / By Robert Michel

SCANDAL AT HBO & CO. TAINTS MCKESSON HBOC FIVE EXECUTIVES WERE SACKED by McKesson HBOC Inc.’s Board of Directors last month in response to allegations of financial improprieties. All five were employed by HBOC prior to its acquisition by McKesson last year. The terminations were accompanied by the resignation of McKesson’s CEO, Mark Pulido, and …

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