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Lab Competitors Form Common Test Data Repository for Doctors
CEO SUMMARY: Integrated hospital systems, government health plans and private insurers can frequently threaten the status quo for commercial laboratories in both the United States and Canada. Motivated by the desire to offer greater value, two commercial lab companies in British Columbia …
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…
New Cytology Technology Entering Study Phase
CEO SUMMARY: There’s a new contestant in the ongoing battle to win the Pap smear technology wars. Ampersand Medical Corporation, by signing a strategic alliance with AmeriPath, Inc., has signaled that it’s ready to bring its technology to market. AmeriPath will play a major role in ex…
Specialty Labs and Dynacare Have Balance Sheet Differences
SINCE LAST FALL’S SUCCESSFUL IPOs (initial public offering) raised $92 million for Specialty Laboratories, Inc. and $50 million for Dynacare, Inc., the financial fortunes of the two lab companies have begun moving in different directions. Lab administrators and pa…
Market Changes Lead LabCorp To Follow New Strategic Direction
CEO SUMMARY: When formed in 1995, Laboratory Corporation of America faced a financially-hostile marketplace for lab testing services. However, strategic planning retreats in 1997 and 1999 were pivotal in redirecting this billion-dollar lab behemoth toward financial stability. During 2000,…
When the Laboratory Marketplace Speaks
IT WAS JUST 15 MONTHS AGO WHEN THE DARK REPORT made this bold prediction: “By December 31, 2001, every physician’s office in the United States which generates a high volume of laboratory testing will be using a Web-based system for ordering lab tests, receiving results, and accessing a patient’s …
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 …
Web-based Test Ordering Is A “Tough Nut To Crack”
CEO SUMMARY: Shifting office-based physicians to Web-accessed lab test ordering proved to be a daunting task for WebMD and its early competitors. Probably the most significant discovery is that modest capabilities of existing software technology and the lack of Internet broadband connecti…
Consumers are Ripe, Low-hanging Fruit!
ONE OF THE GREAT THINGS ABOUT MY JOB as publisher emeritus of THE DARK REPORT is that I get time to think about the global implications of new developments in the laboratory industry. Unlike most of you, harried by the never-ending demands of your work day, I am at the tail end of my useful business …
Dynacare’s Business Plan Includes New Direction
CEO SUMMARY: Look for Dynacare, Inc. to undergo a significant transformation. Although it will not abandon its efforts to partner with hospital laboratories, Dynacare has made a renewed commitment to expand and market itself as a provider of esoteric and reference testing. These changes a…
CURRENT ISSUE
Volume XXXII, No. 7 – May 12, 2025
Economic, Tech changes drive lab concerns, The Dark Report provides insights from the Executive War College speakers about how clinical labs can use business strategies and tactics to handle the new tariffs, future regulations, and artificial intelligence (AI). Also, this issue provides guidance on how labs and pathologists should prepare for payer audits.
See the full table of contentsHow Much Laboratory Business Intelligence Have You Missed?
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