Since 1995, Reliable Business Intelligence for Clinical Laboratories, Pathology Groups and Laboratory Diagnostics

Search Results for: COVID-19

IVD Companies Launch New Assays, Analyzers, Automation

Steep declines in SARS-CoV-2 test revenue were reported by the top in vitro diagnostics (IVD) companies in Q2 2023 earnings compared to a year earlier. For some of those firms, the coronavirus testing drops equate to billions of dollars in lost revenue. In response to the decreasing demand for COVID-19 testing, IVD manufacturers are scrambling …

IVD Companies Launch New Assays, Analyzers, Automation Read More »

To access this post, you must purchase The Dark Report.

2022 Ranking of the World’s Top 12 IVD Corporations

WHILE THE TOP FOUR IN VITRO DIAGNOSTICS (IVD) MANUFACTURERS kept their collective hold on the market compared to 2021, the big surprise was that Thermo Fisher Scientific’s Lab Products Division jumped up two positions to become the largest global IVD corporation, based on The Dark Report’s 2022 ranking of the Top 12 IVD Companies. (See …

2022 Ranking of the World’s Top 12 IVD Corporations Read More »

To access this post, you must purchase The Dark Report.

UHC’s Z-Code Requirement for Molecular Test Claims Starts Aug. 1

In what may be an alarming development for certain clinical laboratories, as of Aug. 1, UnitedHealthcare will require Z-codes for molecular test claims filed under its commercial health plans. Labs unfamiliar with Z-codes have only a short window of time to register for the codes and collect needed clinical data to support accuracy and utility. …

UHC’s Z-Code Requirement for Molecular Test Claims Starts Aug. 1 Read More »

To access this post, you must purchase The Dark Report.

Elizabeth Holmes Still Wants ‘To Contribute’ in Healthcare

CLINICL LABORATORY AND ANATOMIC PATHOLOGY PROFESSIONALS have another reason to shake their heads at the Elizabeth Holmes saga. On May 6, The New York Times ran a strange, somewhat fawning profile piece about Holmes, the convicted founder and former CEO at Theranos. In the story, Holmes contended that she still thinks about contributing to the …

Elizabeth Holmes Still Wants ‘To Contribute’ in Healthcare Read More »

To access this post, you must purchase The Dark Report.

Payers Request More Claims Documentation

CEO SUMMARY: Both anecdotal evidence from lab professionals and numbers-based data from XiFin point to a problem: More payers require clinical labs to produce more documentation that a test claim is valid. Automated denials and inconsistencies in applying denial codes are contributors to this unwelcome trend in how payers process claims. MORE PAYERS ARE REQUIRING …

Payers Request More Claims Documentation Read More »

To access this post, you must purchase The Dark Report.

Quest, Labcorp Both Report Growth in Base Lab Business

DURING THE LATEST QUARTERLY EARNINGS REPORTS from Quest Diagnostics and Labcorp, it was largely “same old, same old” as base business continues to improve post-pandemic, while COVID-19 test demand drops. However, interesting insights about the status of the clinical lab marketplace were shared during the first quarter earnings calls. During the Quest Q1 2023 earnings …

Quest, Labcorp Both Report Growth in Base Lab Business Read More »

To access this post, you must purchase The Dark Report.

IVD Firms Prepare for OTC, Home Test Market Expansion

CEO SUMMARY: With public interest in home testing growing, some IVD manufacturers are preparing to serve a fast-expanding market for over-the-counter and at-home tests. IVD firms are banking on the idea that consumers—at the first sign of symptoms—will want a self-administered respiratory illness test either at home or easily available at a local pharmacy. SOME …

IVD Firms Prepare for OTC, Home Test Market Expansion Read More »

To access this post, you must purchase The Dark Report.

April 17, 2023, Intelligence: Late-Breaking Lab News

There may soon be a new name for the well-known American Association for Clinical Chemistry (AACC). The proposed new name is Association for Diagnostics & Laboratory Medicine (ADLM). As of press time, AACC members were set to vote on the new name on April 21—either in person at AACC’s Annual Membership Business Meeting or online. …

April 17, 2023, Intelligence: Late-Breaking Lab News Read More »

To access this post, you must purchase The Dark Report.

Six Important Themes to Help Labs Succeed

CEO SUMMARY: Clinical laboratories face business challenges with day-to-day operations, genetic testing, and evolving care delivery models. The 2023 Executive War College on Diagnostics, Clinical Laboratory, and Pathology Management returns on April 25-26 in New Orleans. Participants will learn what is changing in the healthcare and lab testing sectors, along with effective responses that can …

Six Important Themes to Help Labs Succeed Read More »

To access this post, you must purchase The Dark Report.

Best Practices for Labs to Secure MT Program Funds

CEO SUMMARY: In securing federal funds for a new MT training center, ARUP Labs and the University of Utah took steps that clinical labs can follow for their own project financing. Among the key lessons is the need to showcase the work a lab does within a community to politicians and decision-makers who control funding …

Best Practices for Labs to Secure MT Program Funds Read More »

To access this post, you must purchase The Dark Report.

;