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Biotech Start-Up Firms Hiring Lab Professionals

CEO SUMMARY: It may be a tough job market right now for laboratory professionals. But investors, lured by the potential of personalized medicine and molecular diagnostics, continue to pour investment capital into new companies. In turn, these companies are actively recruiting exp…

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New Report: POC Market Will Grow 30% by 2013

CEO SUMMARY: It will be no surprise to lab directors and pathologists that Kalorama Information, in its latest report on point-of-care (POC) testing, estimates that glucose testing comprises 67% of this market segment. What is notable is Kalorama’s prediction that worldwide POC…

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May 18, 2009 “Intelligence: Late Breaking Lab News”

Experts are watching hospital finances to see whether slumping economic activity and growing unemployment rates are having an impact. At for-profit Tenet Healthcare Corporation, same-hospital paying admissions declined by 1.3% from Q1-08 to Q1-09. Tenet also said that its bad debt ra…

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Kaiser in Colorado Uses Lab Test Data to Improve Cardiac Care

CEO SUMMARY: Proud of a 73% reduction in mortality among patients with coronary artery disease (CAD) at Kaiser Permanente Colorado, clinical care teams there demonstrate how integrated care and more effective use of laboratory test data can lead to remarkable improvements in pati…

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Unprecedented Times Lie Ahead For Labs

CEO SUMMARY: Here’s a lab industry first: insight and analysis about why hospital/health system laboratories are already feeling the financial pinch as their parent organizations scramble to conserve and accumulate cash. That’s bad news for IVD vendors and other lab industry …

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Local Labs Have Opportunities To Increase MC Patient Access

CEO SUMMARY: Although the nation’s two largest laboratory companies have achieved a dominant managed care position, opportunities remain for regional labs to do more business with managed care plans. Two experts provide an update of managed care pricing trends for labo…

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February 23, 2009 “Intelligence: Late Breaking Lab News”

Here’s an interesting development on the road to genetic medicine. In England last month, the press heralded the birth of what it has dubbed the “cancer-free” baby. It turns out the parents had the embryo screened for the BRCA-1 gene before implantation—and this was the first example known in…

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Labs Need to Respond To Inaccurate Results

CEO SUMMARY: What does a lab do when it discovers that it has reported inaccurate test results? In 2004, a turnaround team arrived at the laboratory of Maryland General Hospital in Baltimore to deal with the consequences of a failed infectious disease testing program. For about t…

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Retest Program Offers Useful Lessons for Labs

CEO SUMMARY: Every day in every laboratory, there is the potential for some aspect of the testing process to go wrong and not be immediately detected. In such circumstances, the lab can then unknowingly report inaccurate test results to physicians and patients. That is why lab managers sh…

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First U.S. Labs Nearing ISO:15189 Accreditation

CEO SUMMARY: Laboratories, hospitals, and other health-care providers in the United States will increasingly be required to adopt quality management systems (QMS) as part of their regular operational routine. This is consistent with trends in other developed countries. Several U.S. labora…

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