Biggest Lab Firms Diverge on Hospital Lab Strategies

By Joseph Burns | From the Volume XXV No. 13 – September 10, 2018 Issue

CEO SUMMARY: Almost half of the nation’s hospitals and health systems are rethinking how to use their clinical labs to support clinical and financial strategies. Options range from outright sale of their lab outreach businesses to lab management agreements or joint ventures with one of …

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Dealing with Realities of Changing Market

By Joseph Burns | From the Volume XXI No. 10 – July 21, 2014 Issue

CEO SUMMARY: Swift transformation of the American healthcare system is causing financial challenges for those clinical labs and pathology groups that have been slow to react to these developments. At NorDx Laboratories in Scarborough, Maine, the team is following the classic five rules fo…

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Futurist Predicts Less Margin, More Consolidation in Market

By Joseph Burns | From the Volume XXI No. 9 – June 30, 2014 Issue

CEO SUMMARY: Based on interviews with 40 CEOs of major healthcare companies, one expert says that the next three years will bring major changes to healthcare. In his presentation at the Executive War College, Ted Schwab noted that these changes include a swift adoption of budgeted care (a…

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Community Labs Arrive at a Crossroads

By R. Lewis Dark | From the Volume XXI No. 7 – May 19, 2014 Issue

TODAY, COMMUNITY LABORATORIES ARE FACING THEIR TOUGHEST TIMES EVER. My definition of a community lab includes independent clinical lab companies, hospital lab outreach programs, and pathology groups serving community hospitals. Never before have community laboratories had to deal with so many discre…

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Lab Serving Large MD Group Manages Quality and Costs

By Joseph Burns | From the Volume XXI NO. 6 – April 28, 2014 Issue

 CEO SUMMARY: For decades, pathologists have pointed out that their expertise in laboratory medicine can be tapped by physicians to improve utilization of lab tests, contribute to improved patient outcomes, and reduce the overall cost of care. Exactly that is now happening at Atrius Heal…

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Memorial Hermann’s Health Info Exchange Helps Lab Outreach

By Joseph Burns | From the Volume XIX No. 16 – November 19, 2012 Issue

CEO SUMMARY: In Houston, Memorial Hermann Healthcare System has put together a health information exchange (HIE) to serve the Houston market. By design, this HIE not only gives physicians immediate access to a wide variety of patient data, but also supports the type of workflow required f…

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Top 10 IT Trends Send Message For Labs & Pathology Groups

By Robert Michel | From the Volume XIX No. 6 – April 23, 2012 Issue

CEO SUMMARY: Healthcare’s shift away from fee-for-service medicine and toward integrated clinical care is widely recognized. However, few lab administrators and pathologists are aware of the even faster transformation underway in healthcare informatics. Presented here are the “Top 10 …

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Georgia HIE Helps all Labs Feed Test Data to Docs

By Robert Michel | From the Volume XVIII No. 12 – September 6, 2011 Issue

CEO SUMMARY: In Macon, Georgia, an innovative effort by a regional extension center and a health information exchange (HIE) will level the playing field for hospital labs and independent labs in the state. Their goal is to build a secure and flexible clinical integration platform…

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More Hospitals Consider PAML’s Lab JV Model

By Robert Michel | From the Volume XVII No. 13 – September 13, 2010 Issue

CEO SUMMARY: One joint venture at a time, PAML is convincing hospital and health system CEOs about the benefits of building a thriving laboratory outreach business. For their part, facing budget cutbacks and a decline in Medicare reimbursement, more hospital administrato…

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Using Performance-Based Part A Hospital Path Contracts

By Robert Michel | From the Volume XVII No. 9 – June 21, 2010 Issue

CEO Summary: One of pathology’s greatest challenges is adequate reimbursement for hospital Part A Pathology Services. Over the past two decades, ever more hospitals took steps to reduce or eliminate payment to pathologists for these services. Now several innovative pathology gr…

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