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covid-19 testing

Lab Leaders Say COVID-19 Tests Needed in 2021

How long into the future will clinical laboratories need to offerĀ COVID-19 tests on a large scale? That is the number one question confrontingĀ labs in every region of the United States. Last week, three nationally-known lab CEOs answered that questionĀ during the general session of the Virtual E…

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Medicare to Cut Payment for COVID Tests Starting Jan. 1

CEO SUMMARY: Starting Jan. 1, CMS will lower the COVID-19Ā test payment to $75 when labs with ā€œhigh-throughput systemsā€Ā report a COVID-19 test result after 48 hours. This is the federal governmentĀ working at cross purposes, since other federal agenciesĀ are diverting COVID-19 testin…

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New Clinical Lab Opens on March 23 and Prospers

CEO SUMMARY: Timing is everything when launching a newĀ clinical laboratory business. The March 23 grand opening ofĀ Incyte Pathologyā€™s clinical lab came in the midst of the collapseĀ of daily routine specimen referrals. But once the lab was operational,Ā Incyte had the capability, the …

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$481 Mil Federal COVID Contract Awarded to Young IVD Company

IN THEIR FIGHT AGAINST THE PANDEMIC, federal officials are boosting the fortunesĀ of some little-known or emergingĀ in vitro diagnostics (IVD) companies. OneĀ example is the recent award of a $481Ā million Ā COVID-19 test contract to CueĀ Health Inc., of San Diego. Earlie…

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October 26, 2020 Intelligence: Late-Breaking Lab News

In Houston, an 18-year-oldĀ high school studentĀ started a mobileĀ laboratory company toĀ provide COVID-19 tests toĀ home-bound patients. As theĀ youngest emergency medicalĀ technician in Texas, TaftĀ Foley, III, saw the need for thisĀ service. Texas Mobile MedicalĀ Labs is the name of hisĀ company a…

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High-Complexity Mobile Labs for COVID-19 Testing

CEO SUMMARY: Demand for high-complexity mobile coronavirusĀ testing facilities is high, according to the CEO of a start-upĀ company building 25 clinical labs in mobile trailers that can doĀ hundreds of tests per eight-hour day. Employers, schools, eventĀ organizers, and other entities all…

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Coming Soon: a Different Clinical Lab Industry

ā€œKeep your eye on the ballā€ is an idiom that originated with baseball. TheĀ idea is that every player on the field should, at all times, know where the ballĀ is so that they can be ready to do their job when the ball comes their way. This is excellent advice for clinical lab administrators and…

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Understanding COVID-19ā€™s Changes to Lab Industry

CEO SUMMARY: With the SARS-CoV-2 pandemic about toĀ enter its eighth month in the United States, it remains difficultĀ to predict whether the pandemic will strengthen with the fallĀ influenza season or steadily diminish. What is clear to mostĀ pathologists and clinical laboratory executiv…

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Texas Company Operates 400 COVID-Collection Sites

CEO SUMMARY: In April, the federal Department of HealthĀ and Human Services contracted with eTrueNorth to operate COVIDĀ drive-through specimen-collection sites under the Community-Based Testing Sites program. The drive-through sites are anĀ extension of non-COVID testing the company has …

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New York Firm to Build CLIA Labs in Shipping Containers

CEO SUMMARY: In many respects, the COVID-19 pandemicĀ is like a gold rush for entrepreneurs. Federal and stateĀ governments, colleges, employers, school districts, and otherĀ entities need COVID-19 tests and tens of billions of dollarsĀ are available to pay for such tests. This modern gol…

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