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lab consolidation

Hospital Mergers Down For Fourth Straight Year

CEO SUMMARY: Changes in hospital ownership often drive laboratory restructuring projects. But hospital merger and acquisition activity has declined for four consecutive years. Consequently, comprehensive laboratory restructuring efforts have declined in parallel. Hospital M&A numbers …

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Labs In United Kingdom Study U.S., Canadian Labs

CEO SUMMARY: It was a groundbreaking first for both sides of the Atlantic. Senior pathologists and laboratory directors in the United Kingdom spent two days learning from their North American counterparts about the challenges and difficulties in laboratory consolidation and regionalizatio…

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Quest Ready to Move on Unilab, Announces Its 2002 Earnings

PERSISTENCE IS ABOUT TO PAY OFF for Quest Diagnostics Incorporated. After ten months of effort, it expects to finalize its acquisition of Unilab Corporation within weeks. But the Unilab acquisition soon to close looks different than the acquisition that was original…

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“January 20, 2003 Intelligence: Late Breaking Lab News”

December proved to be an eventful month for many companies in the lab industry. Hereā€™s some key items of interest, many to be followed in more detail in coming issues of THE DARK REPORT: ā€¢AmeriPath, Inc. is to be sold to Welsh, Carson, Anderson & Stowe, a privat…

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Several Major Surprises Mark Events of 2002

CEO SUMMARY: It was a year when the two blood brothers got much bigger and expanded market share by buying their largest competitors. With patient safety as the goal, employers began active steps to force hospitals, physicians, and other healthcare providers to use quality management syst…

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Why DIANON Sale Alters Anatomic Path Market

CEO SUMMARY: By acquiring DIANON Systems, LabCorp raises the level of competition for tissue specimens originating in physiciansā€™ offices. LabCorpā€™s acquisition is also a validation of predictions that cancer diagnostics will be a high-growth segment of laboratory medicine. Anatomic p…

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Understanding Demographics Of Med Tech Labor Supply

WHILE THEREā€™S BEEN PLENTY of publicity about the growing shortage of medical technologists (MT) and medical laboratory technicians (MLT), less attention has been paid to the factors which brought about this situation. For example, a careful study of ASCP (American Society of Clinical Patho…

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United Kingdom Soon to Tackle Consolidation of Hospital Labs

CEO SUMMARY: Consolidation and regionalization of hospital laboratory testing are not isolated phenomenons. Beginning in the late 1980s, individual provinces in Canada began to rationalize lab testing services by building core labs and consolidating lab services across multiple hospitals….

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Survivor: Story of the Nationā€™s Largest Lab Firm

TELEVISIONā€™S ā€œSURVIVORā€ IS THE UNFOLDING STORY of how one person competes to outlast 16 fellow players in a remote outdoor setting. The winner of ā€œSurvivorā€ walks away with a $1 million prize. The show has proven to be popular and is now airing episodes of its fourth group of competitors, s…

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Hospital Mergers Decline For Third Consecutive Year

MERGERS AND ACQUISITIONS involving hospitals declined for the third straight year, according to Modern Healthcareā€™s eighth annual study of hospital consolidation activity. During 2001, there were only 272 hospitals involved in mergers or acquisitions.Ā This is a 14% decline from the 318 h…

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