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Tissue Banking May Be Source Of New Pathology Revenues
CEO SUMMARY: Evidence is accumulating that tissue banking may be where the “rubber meets the road;” where pharma money funds technology enhancements that directly benefit the profession of pathology. Without question, the need by pharma, biotech, and genomic companies to access, analy…
Specialty Labs and Dynacare Have Balance Sheet Differences
SINCE LAST FALL’S SUCCESSFUL IPOs (initial public offering) raised $92 million for Specialty Laboratories, Inc. and $50 million for Dynacare, Inc., the financial fortunes of the two lab companies have begun moving in different directions. Lab administrators and pa…
“April 9, 2001 Intelligence: Late Breaking Lab News”
There’s another commercial laboratory working toward its ISO-9001 certification. CEO Roy Trucks of Doctors Laboratory, Inc. in Valdosta, Georgia reports that implementation of ISO-mandated procedures is going well. The goal is to pass the audit and receive the ISO-9001 certificate …
LabNet of Ohio Profits From Network Projects
CEO SUMMARY: Since its inception seven years ago, this regional lab network has worked diligently to create the service infrastructure necessary to pursue managed care contracts. Along the way, LabNet of Ohio has found gold in such business initiatives as shared testing and group purchasi…
Knoxville Path Group Reports Tests Via Web
CEO SUMMARY: Pathologists at Knoxville Pathology Group are adding to their reputation for progressive business thinking. In addition to a regionalization strategy—which includes participation in Pathology Service Associates—in January they became one of the first local pathology pract…
Market Changes Lead LabCorp To Follow New Strategic Direction
CEO SUMMARY: When formed in 1995, Laboratory Corporation of America faced a financially-hostile marketplace for lab testing services. However, strategic planning retreats in 1997 and 1999 were pivotal in redirecting this billion-dollar lab behemoth toward financial stability. During 2000,…
DIANON Systems, UroCor, Cytyc, Digene, McKesson HBOC, Abaton.com, Abbott
FEDERAL ATTORNEY SERVES SUBPOENA ON DIANON SYSTEMS NEWS BROKE LAST WEEK that DIANON Systems, Inc. had received a subpoena from the U.S. Attorney’s Office in Connecticut for documents relating to laboratory billing. Apparently “LabScam” is still alive …
“March 19, 2001 Intelligence: Late Breaking Lab News”
It’s one more market sign of the continuing turmoil still transforming the traditional healthcare marketplace. New numbers reveal another decline in the membership of the American Medical Association (AMA). During 2000, the AMA lost 3,000 physician members. Only 290,357 physicians,…
Labs Moving to Internet For Results Reporting
CEO SUMMARY: When faced with the choice of implementing Web-accessed lab test ordering or Web-accessed results reporting, most early adopter laboratories started with results reporting. It requires much less money and effort to accomplish. Vendors recognized this fact and are introducing …
New Products for Lab Test Reporting
Editor’s Introduction: Although the movement to shift lab test results reporting to the Web is still in its earliest stages, a growing number of laboratories are actively preparing to offer this service to their physician-clients. In response to the demand for solutions to permit lab tes…
CURRENT ISSUE
Volume XXXIII, No. 4 – March 23, 2026
A federal court ruling has established a safe harbor for clinical labs when they run tests ordered by physicians. Lab leaders should examine this briefing for pitfalls. Also, it turns out that providers may be ordering inappropriate vitamin D tests, according to one expert.
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