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Lab Test Ordering On Web Presents Tough Challenges

CEO SUMMARY: During 1999, many factors pointed to the speedy introduction of Web-based lab test ordering between physicians’ offices and their laboratory providers. Several credible players, like Healtheon/ WebMD (now WebMD) and Advanced Health Technologies, held numerous contracts to i…

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Quest & LabCorp Show Gains In Mid-Year Financial Reports

FOR THE FIRST SIX MONTHS OF 2001, improved pricing for lab testing services was the strongest contributor to revenue growth at both Laboratory Corporation of America and Quest Diagnostics Incorporated. One important consequence of this development is that competing …

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British Firm Acquires Sunquest Info Systems

CEO SUMMARY: Sunquest Information Systems was recently acquired by Misys Plc, a software company based in the United Kingdom. The transaction is another example of consolidation within the healthcare software sector. It also demonstrates that software products developed in the United Stat…

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Big Jump Predicted In Health Insurance Costs

CEO SUMMARY: Spiraling health costs are about to become a headline issue once again. There is widespread evidence that health insurers are seeking premium increases of 20% from the nation’s biggest employers. Aetna recently announced a second quarter 2001 operating loss of $95.9 million…

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Lab Testing Problems Attract Unfavorable Media Attention

DURING THE PAST TWO WEEKS, problems with laboratory tests received national media coverage, both on television and in print. The national publicity demonstrates the downside to growing consumer interest in laboratory testing. Journalists are willing to capitalize on public fears about the potential …

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Point-of-Care Kiosk Improves Outcomes In Emergency Department

CEO SUMMARY: Steadily increasing numbers of patients at Massachusetts General Hospital exceeded the capacity of its emergency department. Challenged to help with the situation, lab administrators created a point-of-care testing kiosk within the emergency department (ED). This unique lab p…

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Northwestern Hospital Laboratory Supports Reduced Infection Rate

THIS MONTH, ONE OF THE NATION’S most unique and effective nosocomial infection programs completes its seventh year of operation at Northwestern Memorial Hospital in Chicago. This one-of-a-kind infection control effort is organized around the laboratory—specifically, in-house mo…

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Anatomic Pathology May Be “Hot” Opportunity

EVERY NOW AND THEN, IT HELPS TO STAND BACK and look at the big picture. In this issue, you will read a unique…

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8 “Must Have” Features For Web Lab Test Reports

CEO SUMMARY: A growing number of laboratories have implemented Web-accessed lab test reporting for their office-based physician clients. Having participated in the design, sale and installation of many of these systems, Cory Fishkin gained valuable insights into the “do’s & don’…

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Analysis of Lab Testing Market Reveals Competitive Shifts

CEO SUMMARY: Even as public lab and anatomic pathology companies enjoy sustained growth in specimen volumes and revenues, fundamental shifts in the basic marketplace have changed the competitive environment. Surprisingly, the most open market segment is anatomic pathology specimens referr…

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