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Total Health Spending Rises 6.7%, Tops $2.1 Trillion during 2006
HEALTHCARE COSTS totaled $2.1 trillion in 2006, according to the January/ February issue of Health Affairs. That is an increase of 6.7% over total spending in 2005, wrote researchers in an analysis titled “National Health Spending In 2006: A Year Of Change For Prescription Drugs.” Outside of a b…
Call to Action Is Needed For Lab Test Profession
CEO SUMMARY: Is a laboratory test simply a commodity, like wheat or coal? Or is it a complex scientific service of unique value that delivers personalized results and clinical knowledge on behalf of millions of patients every day in the United States? The fundamental assumption of competi…
How PAML Built a Major Business In Lab Joint Ventures with Hospitals
“A well-structured laboratory joint venture helps the hospital partner tap the unrealized value of its laboratory, because the independent lab partner provides capital, along with experience, and expertise to s…
More Labs Actively Adopt Quality Management
CEO SUMMARY: With almost 300 speakers, attendees, and vendors in attendance from seven countries, Lab Quality Confab was a significant milestone for the global lab industry. On one level, it was a sign that the quality improvement trend has come of age. On another level, it provided ample…
Lab Billing Indictments Underscore Docs’ Risks
CEO SUMMARY: Physicians should consider the precedent established recently when the U.S. Attorney for the Western District of Michigan obtained a 72-count indictment against a local dermatologist, including 35 counts of submitting fraudulent claims for lab tests he did not perform, as wel…
Misys Health Restructures By Selling Two Divisions
CEO SUMMARY: Misys Healthcare Systems of London, England, has sold its diagnostic LIS systems to Vista Equity Partners of San Francisco, California, for $381.5 million. The deal raises several questions, particularly for those labs currently running Misys laboratory information systems (L…
Competing Against Regional Laboratories
SINCE THE 1980S, THERE HAS BEEN COMPETITIVE TENSION between publicly traded laboratory companies and their regional counterparts—both independent labs and hospital laboratory outreach programs. It’s an understatement to say that both sectors of the laboratory community often wish the other was no…
June 25, 2007 “Intelligence: Late Breaking Lab News”
It should be boom time for companies selling Clinical Information Systems (CIS). A research report from Millennium Research Group (MRG) of Waltham, Massachusetts, predicts that patient safety programs will fuel a demand by health systems for CIS products. The report, “U.S. Markets …
Community Hospital Builds Thriving Lab Outreach Program
CEO SUMMARY: When 330-bed Botsford Hospital of Farmington Hills, Michigan, got interested in laboratory outreach 10 years ago, it brought in a new laboratory leader, invested in new analyzers and informatics, and then let the quality of the operation attract new business from the communit…
Emerging Global Trends in How Labs Are Using “Distributed Computing”
“In several different countries, laboratories already use ‘distributed computing’, in the form of a single LIS data center that provides informatics services to as many as 25 laboratories in a region. The trend is to increase interoperability and portability of the i…
CURRENT ISSUE
Volume XXXII, No. 6 – April 21, 2025
Now that a federal judge has vacated the FDA’s LDT rule, The Dark Report analyzes the judgement and notes the various steps the FDA could take in response. Also, lab testing at pharmacies is proving to be less successful than was once anticipated.
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