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Search Results for: COVID-19

October 26, 2020 Intelligence: Late-Breaking Lab News

In Houston, an 18-year-old high school student started a mobile laboratory company to provide COVID-19 tests to home-bound patients. As the youngest emergency medical technician in Texas, Taft Foley, III, saw the need for this service. Texas Mobile Medical Labs is the name of his company and it is emblazoned on his van. It is a CLIA-certified lab offering both molecular and rapid antigen tests for COVID-19. Foley’s lab company has …

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Volume XXVII, No. 15 – October 26, 2020

INDUSTRY LEADERS SHARE THEIR CONCERNS over CMS’ planned cuts to COVID-19 test payments and discuss their proposed strategies for COVID testing. Also, a pathology group reports lessons learned the hard way when it opened a brand-new clinical lab in the midst of the worst of the pandemic.

DOJ Delivers $6B Lab Fraud Crackdown

This is an excerpt of a 1,028-word article in the October 5, 2020 issue of THE DARK REPORT (TDR). The full article is available to members of The Dark Intelligence Group. CEO SUMMARY: In this latest lab fraud crackdown, Department of Justice cases involving clinical labs or molecular test claims may represent about half (or about $3 …

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Volume XXVII, No. 14 – October 5, 2020

THE DARK REPORT HAS ANALYSIS showing potential reasons why the Department of Justice has generated its largest lab fraud crackdown in history. $6B in allegedly fraudulent claims and 345 defendants may well be the result of an explosion in molecular test claims in 2019. Also, another competitor has entered the lab marketplace, this time with portable COVID-19 testing labs in trailers.

DOJ $6B Fraud Crackdown Charges 345 Defendants

CEO SUMMARY: Department of Justice cases involving clinical labs or molecular test claims may represent about half (or about $3 billion) of the total fraudulent claims. Those claims stem from genetic testing, urine-drug and other tests, and healthcare services, the DOJ said. In addition, the DOJ reported that labs were involved in filing fraudulent claims for lab tests while working with …

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LIS and Lab Informatics Vendors Report Second Quarter Earnings

IT’S BEEN A CHALLENGING YEAR for companies that sell laboratory information systems (LIS) to the nation’s clinical laboratories. Because of the SARS-CoV-2 outbreak, labs have delayed decisions to acquire or upgrade their existing LIS systems, as well as previously-scheduled installs of new or upgraded systems. Two major sellers of LIS products in the United States are Cerner Corporation and Roper Technologies’ Sunquest Information Systems. Both …

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October 5, 2020 Intelligence: Late-Breaking Lab News

Guess who will be partnering with the US Department of Veterans Affairs to support its wider use of digital pathology? It’s Google! Last month, it was announced that the Defense Innovation Unit (DIU) of the Department of Defense (DoD) had selected Google Cloud “to prototype an artificial intelligence-enabled digital pathology solution to help detect cancer on multiple disease areas.” This relationship can be expected to encourage acceptance and wider use of digital …

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Coming Soon: a Different Clinical Lab Industry

“Keep your eye on the ball” is an idiom that originated with baseball. The idea is that every player on the field should, at all times, know where the ball is so that they can be ready to do their job when the ball comes their way. This is excellent advice for clinical lab administrators and pathologists during …

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Texas Company Operates 400 COVID-Collection Sites

CEO SUMMARY: In April, the federal Department of Health and Human Services contracted with eTrueNorth to operate COVID drive-through specimen-collection sites under the Community-Based Testing Sites program. The drive-through sites are an extension of non-COVID testing the company has done since 2016 in partnership with some of the nation’s largest retail pharmacy and grocery chains. Under the HHS contract, eTrueNorth …

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Franciscan Missionaries Sells Lab Outreach Business to LabCorp

SINCE THE ONSET OF THE PANDEMIC IN LATE FEBRUARY, the nation’s two largest clinical lab companies have announced only two acquisitions of hospital laboratory outreach programs, one in June and one this month. Last week, LabCorp announced its acquisition of the clinical ambulatory laboratory business of Franciscan Missionaries of Our Lady Health System (FMOLHS) in Baton Rouge, La. Earlier, on June 23, Quest Diagnostics …

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