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Beckman Coulter’s Strategy Reflects Consolidation Trends

CEO SUMMARY: Rapid changes to the clinical laboratory industry had equally profound impact upon the major diagnostic companies. At Beckman Coulter, Inc., market forces triggered a decade of acquisitions and internal consolidation.The company looks very different today than it did ten year…

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Luminex Raises $83 Mil In Public Stock Offering

CEO SUMMARY: During the past year, Luminex Corporation moved swiftly to push its LabMAP™ multiplex testing technology into the bioassay marketplace. It found high interest among companies in the pharmaceutical, diagnostics, and bioresearch industries. Luminex executives say that a numbe…

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New Automation Tools Ready for Clinical Labs

CEO SUMMARY: Evidence grows that workstation automation and modular automation can be cost-effective solutions in the clinical laboratory. But the newest generation of automation technology presents lab administrators with a new challenge. Financial analysis and workplace reengineering ar…

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LAB-InterLink Acquires Labotix Automation, Inc.

CEO SUMMARY: Here’s an interesting combination of expertise. LAB-InterLink has one of most sophisticated process control software products for running automated laboratory systems. Its acquisition of Labotix, resulting in the largest installed base of lab automation hardware in the Unit…

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Hospital Labs To Regain Pre-Eminence in Coming Years

CEO SUMMARY: During the past five years, powerful forces in the healthcare marketplace positioned hospital-based laboratories to once again become the dominant force in laboratory testing. But this can only occur if today’s generation of hospital laboratory directors and clinical pathol…

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Abaton’s Web Solution In Use at Allina, Centrex

CEO SUMMARY: Abaton.com was among the first companies to actually have Web-based information products linking hospital labs and physician offices. As early as 1997, the Allina Health System was working with Abaton.com to implement a laboratory test requisition/test results system using We…

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Pathology Profession Facing New Directions

CEO SUMMARY: Big changes ahead during the next decade. Among the predictions: the number of two and three-pathologist group practices will radically diminish; pathology centers of excellence will achieve new market dominance; and…ever more intense competition for anatomic pathology spec…

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“State of Lab Industry” Holds Surprises for All

CEO SUMMARY: Say goodbye to several of the trends which shaped the lab industry during the 1990s, such as consolidation and government compliance programs. Although these trends won’t completely disappear, they will be superseded by a number of new transformational influences. During th…

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CARESIDE POC Solution in entirety, the traditional way of performing tests in the To Alter Lab Organization

CEO SUMMARY: CARESIDE’s point-of-care testing system gives laboratory executives a new tool for bringing value-added laboratory services to clinicians. In this exclusive interview, W. Vickery Stoughton, Chairman and CEO of CARESIDE, Inc., shares his perspectives on the clinical laborato…

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PennState Geisinger Building “ Distributed Lab ” Around POCT

CEO SUMMARY: Here’s an integrated healthcare system that’s pushing its clinical laboratory across traditional barriers between physician’s office and clinical lab. At PennState Geisinger Healthcare, a fast-growing health system located in rural Pennsylvania, point-of-care testing is…

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