By Joseph Burns, from the Volume XXV No. 11 – July 30, 2018 issue
CEO SUMMARY: In the Province of Québec, an ambitious project is under-way to consolidate the clinical laboratory testing of 123 laboratories into 11 centralized lab clusters. It is one of the largest lab consolidation projects nowhappening in the world. Among the goals of this project is to improve qualityand efficiency while incurring no additional costs.
ANOTHER ACADEMIC MEDICAL CENTER decided to cash in on the value of its outreach lab. On Jan. 10, Laboratory Corporation of America announced it would acquire the lab outreach business of Mount Sinai Health System of New York City.
Terms of the transaction and purchase price were not disclosed. The deal is expected to close by
By Robert Michel, from the Volume XXIII No. 14 – October 17, 2016 issue
Quebec’s provincial health authority is moving forward with what may be one of the largest consolidations of clinical laboratory testing undertaken in North America during the past 30 years. The goal is to bring the lab testing currently done in as many as 500 locations throughout the province into 11 “high-volume processing centers.” The project, called
By Robert Michel, from the Volume XXII NO. 16 - November 16, 2015 issue
MORE LAB CONSOLIDATION is happening in Connecticut. Last week, Quest Diagnostics Incorporated announced it will purchase the outreach laboratory business of Clinical Laboratory Partners. CLP is a division of Hartford HealthCare, a health system with five hospitals in Connecticut.
After regulatory review, the acquisition is expected to become final early next year. Terms were not disclosed.
CLP
By Robert Michel, from the Volume XX No. 11 - August 13, 2013 issue
There is a billion-dollar laboratory acquisition underway in Ontario, Canada. LifeLabs Medical Services is moving ahead with its planned purchase of CML HealthCare for US$917 million. The deal was made public on June 25 and, because it represents a major consolidation of the province’s two largest clinical laboratory organizations, there have been some critics. However,
By Robert Michel, from the Volume XVII No. 8 - June 1, 2010 issue
CEO SUMMARY: Subject to court approval, Laboratory Corporation of America is poised to acquire the assets of California-based Westcliff Medical Laboratories, Inc., which just filed a Chapter 11 bankruptcy action in federal court on May 19. In a separate transaction, LabCorp has an agreement to acquire Diamond Reference Laboratory of Diamond Bar, California. The two
By Robert Michel, from the Volume XV No. 6 - May 5, 2008 issue
CEO SUMMARY: It is always challenging to ensure consistency and high productivity across the different labs in a consolidated lab organization. To help staff focus on quality and efficiency, Alverno Clinical Laboratories LLC uses Lean methods to improve quality and timely delivery of lab results in its regional core laboratory and the labs in the
By Robert Michel, from the Volume XV No. 2 - February 11, 2008 issue
CEO SUMMARY: THE DARK REPORT presents its newest biannual review of macro trends reshaping the anatomic pathology profession. These macro trends reveal a profession undergoing change and transformation on multiple fronts. New competitors are crowding into the market, payers and accrediting agencies are demanding higher standards of performance, and a host of new technologies are
By Robert Michel, from the Volume XIV No.16 - November 19, 2007 issue
CEO SUMMARY: Australia just conducted its first summit meeting on laboratory management and a near sell-out crowd showed up to learn the best and latest. For the Americans in the audience, there were several surprises. First, Australia has a highly-competitive laboratory sector, comparable in many aspects to the private sector here in the United States.
By Robert Michel, from the Volume XIII No. 15 - November 6, 2006 issue
There’s regulatory relief for California labs in the important area of technical staff licensing. California’s Department of Health Services (DHS) has approved the Board of Registry medical technologist (MT) examination administered by the American Society of Clinical Pathology (ASCP) as meeting the California clinical laboratory scientist (CLS) licensure requirements. The approval is effective on October
