lab sale Archives - The Dark Intelligence Group

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LabCorp, Quest, Sonic Do Hospital Lab Deals

By Joseph Burns | From the Volume XXIV No. 4 – March 13, 2017 Issue

CEO SUMMARY: Is the New Year’s spate of deals involving the sales of hospital lab outreach programs and a new joint venture the first tremors of an impending earthquake of similar transactions? In the first 10 weeks of 2017, Laboratory Corporation of America, Quest Diagnostics, and Soni…

Sale to LabCorp to End Most of PAML’s Lab JVs

By Robert Michel | From the Volume XXIV No. 4 – March 13, 2017 Issue

CEO SUMMARY: It will take several years to understand how the market for lab testing services will change in Seattle and the Pacific Northwest, once Laboratory Corporation of America becomes the owner of PAML, based in Spokane, Wash. Price and financial terms of the sale were not disclose…

Sonic, Western Connecticut Health Network Announce New Laboratory Joint Venture

By Joseph Burns | From the Volume XXIV No. 4 – March 13, 2017 Issue

CEO SUMMARY: To prepare for the transition from fee-for-service to value-based payment, Western Connecticut Health Network, a three-hospital health system, announced a laboratory joint venture with Sonic Healthcare. Benefits will include lower test costs, more competitive prices, and the …

Giving Back to the Clinical Lab Profession

By R. Lewis Dark | From the Volume XXIII No. 5 – April 11, 2016 Issue

MANY OF US ARE CONCERNED about how the next generation of clinical lab and anatomic pathology leaders will be trained and prepared to step up and assume responsibility for the clinical excellence and financial performance of their respective lab organizations. To contribute to the training of prom…

Understanding the Future Of Laboratory Medicine

By Robert Michel | From the Volume XXIII No. 4 – March 21, 2016 Issue

CEO SUMMARY: Healthcare’s transformation is now far enough along that most clinical labs and pathology groups are either feeling the financial pain or are excitedly developing ways to deliver more value from lab testing services. On April 26-27, at the 21st annual …

How Mentors Can Best Train Young Lab Leaders

By Robert Michel | From the Volume XXIII No. 3 – February 29, 2016 Issue

CEO SUMMARY: Mentoring will be the theme of a special learning track at this year’s Executive War College. Two nationally-respected experts on mentoring and leadership development will work with participating lab mentors and mentorees to help them advance their mentoring relationship. A…

Letter to Florida Doctor Offers to Waive Lab Test Fees

By Joseph Burns | From the Volume XXII, Number 17 – December 7, 2015 Issue

CEO SUMMARY: Florida’s highly-competitive market for lab testing services is again seeing some lab companies use “Waiver of Charges to Managed Care Patients” agreements with physicians in situations where the lab is an out-of-network provider. This means the lab will do free testing…

New Developments in $1 Billion Lab Fraud Case

By R. Lewis Dark | From the Volume XXII NO. 13 – September 14, 2015 Issue

CEO SUMMARY: Court documents filed last month in the federal qui tam case against Health Diagnostic Laboratory, Singulex, Berkeley Heart Lab, BlueWave Healthcare Consultants, and several lab executives allege that the defendants used illegal inducements and kickbacks to file false c…

Winning Bidder for HDL Connected to BlueWave

By Joseph Burns | From the Volume XXII NO. 13 – September 14, 2015 Issue

CEO SUMMARY: Events within the bankruptcy proceedings of Health Diagnostic Laboratory could be interpreted as setting the stage for the emergence of a laboratory company operated by executives-and marketed by a sales consultant-known to have had leadership roles in other lab companies accus…

New Developments in $1 Billion Laboratory Fraud Case

By Mary Van Doren | From the Volume XXII NO. 13 – September 14, 2015 Issue

IT’S THE $1 BILLION LABORATORY FRAUD that no one realized had grown so big. In this special issue of THE DARK REPORT, you’ll read how the next chapter of the federal whistleblower lawsuit against three specialty cardiology labs and certain individuals has pulled the curtain open on what …

Volume XXVII No. 9 – June 22, 2020

THE NEWS ON THE SEROLOGICAL TEST FRONT is discouraging, even bleak, as THE DARK REPORT analyzes the outcome of the FDA’s own review of 11 tests previously listed as marketable. Only three tests passed the review, and yet a quality control expert consulted by THE DARK REPORT has dim views of the FDA’s testing operation, leading to even more doubts. Also, health insurers are scraping away at mandated COVID-19 test reimbursements, leaving lab revenues once again at their mercy.

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