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Professional Management Does Get Results

IF YOU TAKE THE TIME TO STUDY THE FINANCIAL PERFORMANCE of certain public laboratories in 1999 and into 2000, you will be struck by the strong growth and profit numbers. That is contrary to the popular wisdom, which says that the clinical lab industry is in financial doldrums. But the strong financi…

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Lab “Home Brews” Web Solution for Test Results

CEO SUMMARY: Internet-enabled lab test ordering and results reporting may help independent commercial labs and hospital laboratory outreach programs become more competitive against the two blood brothers. In eastern Pennsylvania, Clinical Laboratories, Inc. introduced Web-based lab test r…

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Specialty Labs Moving To Web-Based Services

CEO SUMMARY: Competition for hospital reference and esoteric testing remains intense. Three years ago, Specialty Laboratories made an early bet on Internet technology. It believed that being first to offer faster and less complicated access to laboratory informatics resources would give i…

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1999’s Top Ten Stories Reflect Speed of Change

CEO SUMMARY: This year’s round-up of the lab industry’s Top Ten most important stories lacks any compelling single theme. THE DARK REPORT’s conclusion? 1999 was a transition year. No new outside forces rattled the lab industry, allowing lab executives and pathologists to concentrate…

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“Distributed” Lab Model Soon to Become Reality

CEO SUMMARY: During the 1990s, laboratory automation was expected to have the greatest impact upon the structure and organization of laboratories. However, like the famous race between the tortoise and the hare, it’s our prediction that point-of-care testing technology, quietly advancin…

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Don’t Take Your Eyes Off the Ball!

HOW MANY OF US HAD A FATHER WHO TAUGHT US THE BASICS OF BASEBALL almost as soon as we learned to walk? I can still remember my father repeatedly advising me “don’t take your eyes off the ball!” With the recent merger of Quest Diagnostics Incorporated and SmithKline Bee…

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Quest Diagnostics and LabCorp Face an Evolving Marketplace

TWO OF THE THREE BLOOD BROTHERS reported continued improvement in their financial condition as second quarter earnings reports were made public. This news, however, was overshadowed by speculation about the failure of Quest Diagnostics Incorporated to consummate its purchase of …

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Investors Coming Back To Clinical Lab Industry

CEO SUMMARY: Wall Street money is beginning to flow back into the commercial laboratory industry. This time the beneficiary is Unilab Corporation of Tarzana, California. New York-based Kelso & Company signed an agreement to buy 93% of Unilab’s shares. The common perception among fin…

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DARK REPORT Picks 1998’s Ten Biggest Lab Stories

CEO SUMMARY: Our story picks for 1998 demonstrate a broad range of subjects. Each affects laboratories and pathology practices in significant ways and should be used to trigger appropriate management strategies. Two essential themes among this year’s ten biggest lab stories: continued d…

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1997’s Top Ten Lab Stories Predict New Directions

CEO SUMMARY: Events during 1997 reveal that the laboratory industry continues to undergo fundamental change. Yet even amidst the industry’s downsizing, selected laboratory organizations continue to flourish. Here is THE DARK REPORT’s annual look at top stories for the year. A careful …

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