Is There Evidence That Some Doctors Wish to Use Local Labs?

By Virchow | From the Volume XXXI, No. 3 – February 26, 2024 Issue

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Lab News Briefs

By Robert Michel | From the Volume XXXI, Number 1 – January 16, 2024 Issue

Siemens to Explore Sale of Its IVD Diagnostics Unit Siemens Healthineers, Erlangen, Germany, is reportedly looking into options for sale of its in vitro diagnostics (IVD) segment. The company’s “review co…

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October 23, 2023, Intelligence: Late-Breaking Lab News

By Robert Michel | From the Volume XXX, Number 15 – October 23, 2023 Issue

Earlier this summer, a 16-year-old completed his bachelor of science degree, along with his certification as a Medical Laboratory Scientist (MLS). The faculty at LSU Health-Shreveport reported that Isak Schmidley, MLS (ASCP)BC is the youngest graduate of its Medical Laboratory Scienc…

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Data Analytics Improves Lab Productivity, Turnaround Time

By Scott Wallask | From the Volume XXX, No. 8 – May 30, 2023 Issue

CEO SUMMARY: An increased ability to analyze internal diagnostic data helped MultiCare Health System improve laboratory test turnaround times in real time and more efficiently staff i…

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Quest Acquires Lab Outreach from New York-Presbyterian

By Scott Wallask | From the Volume XXX, No. 6 – April 17, 2023 Issue

IT’S THE LATEST DEAL THAT AFFIRMS STATEMENTS by executives of the two largest national labs that hospital CEOs have a growing interest in selling their laboratory outreach businesses. Recently, Quest Diagnostics announced that it will take over the labor…

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Eight Macro Trends for Clinical Labs in 2023

By Robert Michel | From the Volume XXX, No. 1 – January 3, 2023 Issue

CEO SUMMARY: Laboratory administrators and pathologists will want to carefully study eight important trends that will guide their business strategies in 2023. Many of these macro trends center on financial and operational difficulties and ways to steer around these obstacles. Anothe…

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How Consumers Shape Modern Laboratory Outreach

By Robert Michel | From the Volume XXX, No. 1 – January 3, 2023 Issue

CEO SUMMARY: Each of the different generations engaging with clinical laboratory outreach programs brings their own set of expectations to a blood draw. Innovative hospital lab outreach programs should serve these differences by offering multiple options to provide appointment conve…

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Public Laboratory Companies Eye More Lab Outreach Acquisitions

By Robert Michel | From the Volume XXIX, No. 12 – August 29, 2022 Issue

PUBLICLY-TRADED CLINICAL LABORATORY COMPANIES released second quarter 2022 financial reports that confirmed a softening demand for COVID-19 tests, even as their base business revenues grew compared to last year.  While continuing to address ongoing needs…

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How Northwell’s Lab Team Demonstrated Value Over 10 Years

By Joseph Burns

CEO SUMMARY: Among hospital administrators, the popular wisdom is that their clinical lab is a cost center. This thinking leads them to consider drastic cost-management strategies that include partnering with commercial labs to manage in-hospital lab testing and the outright sale of lab o…

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LIS-EHR Fees Increasing, Say Hospital Lab Execs

By Joseph Burns | From the Volume XXVI No. 4 – March 18, 2019 Issue

CEO SUMMARY: Hospital and health system lab managers say some vendors of electronic health record systems for independent physicians are aggressively raising the fees they charge labs. Labs serving outreach physicians now pay more in two ways, they say. First, they pay the price the vendo…

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