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Sonic, Western Connecticut Health Network Announce New Laboratory Joint Venture

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 …

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Sale to LabCorp to End Most of PAMLā€™s Lab JVs

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…

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LabCorp, Quest, Sonic Do Hospital Lab Deals

CEO SUMMARY: Is the New Yearā€™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…

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Giving Back to the Clinical Lab Profession

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

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Understanding the Future Of Laboratory Medicine

CEO SUMMARY: Healthcareā€™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 …

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How Mentors Can Best Train Young Lab Leaders

CEO SUMMARY: Mentoring will be the theme of a special learning track at this yearā€™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…

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Letter to Florida Doctor Offers to Waive Lab Test Fees

CEO SUMMARY: Floridaā€™s highly-competitive market for lab testing services is again seeing some lab companies use ā€œWaiver of Charges to Managed Care Patientsā€ agreements with physicians in situations where the lab is an out-of-network provider. This means the lab will do free testing…

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Winning Bidder for HDL Connected to BlueWave

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…

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New Developments in $1 Billion Lab Fraud Case

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…

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New Developments in $1 Billion Laboratory Fraud Case

ITā€™S THEĀ $1Ā BILLION LABORATORY FRAUDĀ that no one realized had grown soĀ big. In thisĀ special issue of THEĀ DARKĀ REPORT, youā€™ll read how the next chapter ofĀ the federal whistleblower lawsuit against three specialty cardiology labs andĀ certain individuals has pulled the curtain open on what …

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