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Ohio Hospitals Prevail in Suit Against Federal Lab Claims

IT TOOK FIVE YEARS, but federal courts finally gave victory to the Ohio Hospital Association (OHA) in its long-running battle against federal regulators over laboratory test billing issues. Early last month, the OHA signed a settlement with the federal government which resolves the …

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“July 23, 2001 Intelligence: Late Breaking Lab News”

Chairman and CEO Mark Chandler recently disclosed that researchers within Luminex Corporation are developing new detection capabilities that would permit its LabMap system to “simultaneously perform a broad range of cellular, microbial, and related tests, such as complete blood cou…

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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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Lab Owners Selling Stock To Harvest Big Profits

CEO SUMMARY: Three huge stock sales involving the nation’s largest laboratories have been announced in recent weeks. If these stock sales are enthusiastically received by Wall Street investors, independent regional lab owners may benefit because of higher valuations for clinical laborat…

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Institute of Medicine Calls For 12 Medicare Lab Reforms

CEO SUMMARY: Since 1987, the clinical lab industry has endured almost non-stop cuts in the absolute level of Medicare reimbursement for lab testing. But the time may be ripe for laboratories to work together to effect far-reaching reforms to Medicare laboratory payment policies. Just as t…

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“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 …

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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 …

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Business Premises Underlying Lab Industry Dynamics

This chapter addresses the characteristics of the laboratory industry which define the starting point for changes and ongoing evolution. The eight business premises listed in this White Paper describe unique situations which directly influence the ability of clinical laboratories to serve the medical…

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Competitive Dynamics In the Laboratory Testing Marketplace

This section of the White Paper deals with the marketplace for laboratory services. For brevity and clarity, I will address five components: 1) independent commercial laboratories; 2) hospital-based laboratories; 3) esoteric, reference, and specialty testing laboratories; 4) anatomic pathology lab- o…

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Year’s Ten Biggest Stories Reveal Modest Changes

CEO SUMMARY: In many ways, 2000 was a relatively quiet year for laboratory organizations. This list of the ten biggest stories in the lab industry for 2000 demonstrates that the most innovative laboratory organizations in the United States are “raising the bar” for service and quality…

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