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California’s Rumor Mill Links LabCorp & Unilab

CEO SUMMARY: Continued financial pressure on all laboratories operating in California leads some industry observers to believe that Laboratory Corporation of America and Unilab might be considering some kind of deal between the two companies. Senior executives at both laboratories say suc…

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California’s Lab Market To Undergo More Change

CEO SUMMARY: Every laboratory in California continues to operate in a financially-punishing environment. Further shake-outs must occur as the economic forces unleashed by managed care take their toll on clinical laboratories. Expect radical changes to occur within the next 12 months….

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Consolidation At Presbyterian Encourages Regional Strategy

CEO SUMMARY: Presbyterian Laboratory Services represents one of the more advanced business models of laboratory consolidation found today in the United States. Owned by an integrated delivery system, the laboratory division serves six hospitals and a variety of outreach clients. Several e…

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Quest Diagnostics & SmithKline Release Third Quarter Financials

It appears that 1997 will be kinder to Quest Diagnostics Inc. and SmithKline Beecham Clinical Laboratories (SBCL) than the last three years. Both companies reported improved financial results for third quarter and mixed results for year-to-date. As of press time, …

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Consolidation Within The Diagnostics Industry

IN THIS ISSUE WE ARE GIVING COVERAGE to the acquisition of Coulter Corporation by Beckman Instruments, Inc. for an important reason. I believe this merger is first evidence of impending and significant changes to the diagnostics industry. During the next 18 to 24 m…

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Diagnostic Companies About To Undergo Change

CEO SUMMARY: Diagnostic companies are undergoing the same consolidation wave as commercial laboratories and hospitals. Beckman’s acquisition of Coulter provides an early example of how diagnostics companies will use acquisitions to create a comprehensive product line. Other surprising m…

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Rural Hospital Succeeds With Lab Outreach Service

CEO SUMMARY: Laboratory administrators at rural hospitals generally believe there is no point in establishing a laboratory outreach program. Potential clients are few, and distances between small towns are great. But neither of these obstacles prevented Olympic Memorial Hospital from succ…

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Nominations Now Open For Laboratory Innovators

CEO SUMMARY: Nominations are now open as THE DARK REPORT seeks to identify laboratory executives who deserve recognition. Our annual awards program honors the innovators and leaders within the clinical laboratory industry who push the boundaries of management change and show us how to bes…

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“October 6, 1997 Intelligence: Late Breaking Lab News”

Michael J. Bechich, M.D., Ph.D. at the University of Pittsburgh School of Medicine, is hosting his second annual conference in Pittsburgh next week. Anatomic Pathology Informatics, Imaging and the Internet is scheduled for October 16-18 at the Pittsburgh Marriott City Center…

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Pathology PPM Attempts Public Offering Of Shares

CEO SUMMARY: AmeriPath’s efforts to become a public company make it the most visible management experiment in the pathology world today. Already considered controversial by many pathologists, should AmeriPath successfully pull off its proposed initial public stock offering, it will assu…

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