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Private Equity Firms: Ready to Buy More Labs?
By Robert Michel | From the Volume XII No. 16 – November 14, 2005 Issue
CEO SUMMARY: Times are good in the laboratory industry. At least that’s the opinion of a growing number of professional investors. They are searching throughout the country for laboratories to acquire. They are motivated by the consistent financial performance of many lab companies, bot…
Congressional Bill Introduced On Cytology Proficiency Testing
By Robert Michel | From the Volume XII No. 16 – November 14, 2005 Issue
THERE’S A NEW CHALLENGE to the near-monopoly on cytology proficiency testing held by Midwest Institute of Medical Education(MIME) of Indianapolis, Indiana. Last Friday, the College of American Pathologists (CAP) announced a new bill in the House of Representatives…
Lab Integration At Geisinger Contributes to Better Outcomes
By Robert Michel | From the Volume XII No. 16 – November 14, 2005 Issue
CEO SUMMARY: There have been two benefits from the use of sophisticated laboratory informatics at the laboratory division of Geisinger Health System in Danville, Pennsylvania. Benefit one is a standardized, fully-integrated lab information system that collects all lab test results, includ…
Payers Begin Speeding Up Payment to Physicians
By Robert Michel | From the Volume XII No. 16 – November 14, 2005 Issue
CEO SUMMARY: Labs and pathology groups have always found it tough to bill patients and collect a high proportion of those obligations. That situation is about to change, and fast! Payers recognize that, as more consumers are required to pay higher deductibles, co-pays, and out-of-pocket e…
Payer Consolidation: WellPoint Buys into NYC
By Robert Michel | From the Volume XII No. 15 – October 24, 2005 Issue
CEO SUMMARY: Acquisition by acquisition, the health insurance industry is consolidating. Wellpoint, Inc., already the nation’s largest health insurer at 28 million members, is acquiring WellChoice, Inc. and adding another 5 million members to its total. One consequence of this consolida…
Medi-Cal Abandons Lab Contract Scheme
By Robert Michel | From the Volume XII No. 15 – October 24, 2005 Issue
CEO SUMMARY: Another threat to limit all laboratories’ access to Medicaid patients has ended. Just as the Medicaid lab contracting initiative proposed last year in Florida collapsed from its innate complexity, so also has a similar contracting initiative collapsed in California. In both…
Lab Tests in Pharmacies, Genzyme, Healthe, Singing River Hospital, VA
By Robert Michel | From the Volume XII No. 15 – October 24, 2005 Issue
IT IS OFTEN SUGGESTED that pharmacies are a logical place to combine laboratory testing with prescription services. Such an arrangement would be consumer-friendly and has the potential to improve patient care while lowering costs. In Great Britain, the National Health Service has launched a pilot pr…
Do Regional Laboratories Have A Bright Future?
By R. Lewis Dark | From the Volume XII No. 14 – October 3, 2005 Issue
IF INTEGRATED INFORMATICS CAPABILITIES will be a major point of differentiation among competing laboratories in the future, then several warning flags have recently appeared in the laboratory industry. Regional laboratories and hospital lab outreach programs should take notice. One warning flag is t…
Our Tenth Anniversary Serving Your Needs
By Robert Michel | From the Volume XII No. 14 – October 3, 2005 Issue
CEO SUMMARY: It was on September 25, 1995 that the first issue of THE DARK REPORT was published. The laboratory industry was in financial turmoil. There was widespread consolidation in both the commercial lab sector and among hospital laboratories. Reimbursement for lab testing services w…
AmeriPath Will Acquire Specialty Laboratories
By Robert Michel | From the Volume XII No. 14 – October 3, 2005 Issue
CEO SUMMARY: It’s a surprise to most lab industry observers. AmeriPath, a company built around 400 anatomic pathologists working mostly in community hospitals, is acquiring a national reference/esoteric testing company. However, this deal may be better understood by looking at the motiv…
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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