By Robert Michel, from the Volume XX No. 15 - November 11, 2013 issue
CEO SUMMARY: Professional investors are smart with their money. Thus, it is no surprise that clinical lab and pathology companies owned by private equity firms are the first to be sold or closed. These investors are acting in response to the cumulative negative financial impact of recent cuts to lab test prices. Even more worrisome
By Robert Michel, from the Volume XX No. 4 - March 25, 2013 issue
Last month, Dignity Health acknowledged that it is engaged in negotiations to sell its lab outreach business that is based in Stockton, California. The lab outreach program is known as HealthCare Clinical Laboratories and is associated with 294-bed St. Joseph’s Medical Center. The story surfaced after Dignity Health (formerly know as Catholic Healthcare West) notified
By Robert Michel, from the Volume XIX No. 7 - May 14, 2012 issue
LABS PUT SO MUCH EFFORT INTO SECURING electronic health records, that it’s easy to overlook the need to protect paper records. St. Joseph’s Medical Center in Stockton, California, learned this lesson the hard way recently when thieves stole more than 700 paper records from one of the hospital’s 23 patient service centers (PSC).
The theft showed
