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February 27, 2006 “Intelligence: Late Breaking Lab News”

There’s lots of management turmoil under way at Pathology Partners, Inc., based in Dallas, Texas. On or about February 3, President and CEO Stephen L. Spotts and several other senior executives exited the company. Since then the management page on Pathology Partners’ Web site has…

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Failure of AD Pathlabs: Structural Weakness?

CEO SUMMARY: AD PathLabs is the latest in a string of business disappointments. Over the past decade, a number of anatomic pathology companies have proven that they can grow rapidly—attracting substantial volumes of specimens. But these companies seem to hit a financial wall that leads …

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Picking Top Ten Stories Of 2005 for Lab Industry

CEO SUMMARY: THE DARK REPORT offers its pic…

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Private Equity Firms: Ready to Buy More Labs?

CEO SUMMARY: Times are good in the laboratory industry. At least that’s the opinion of a growing number of professional investors. They are searching throughout the country for laboratories to acquire. They are motivated by the consistent financial performance of many lab companies, bot…

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Medi-Cal Abandons Lab Contract Scheme

CEO SUMMARY: Another threat to limit all laboratories’ access to Medicaid patients has ended. Just as the Medicaid lab contracting initiative proposed last year in Florida collapsed from its innate complexity, so also has a similar contracting initiative collapsed in California. In both…

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Canadian Lab Confab Reveals Useful Insights

CEO SUMMARY: Last month, a group of Canadian early-adopter pathologists and laboratory directors came together for the first-ever Executive Edge forum to share best practices and other cutting-edge developments in laboratory management. Among the noteworthy developments is Canada Health I…

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Bio-Reference Labs Develops Regional & Niche Strategies

CEO SUMMARY: Bio-Reference Laboratories, Inc. (BRLI) of Elmwood Park, New Jersey is a lab company on a roll. In just five years, it has grown from $66 million to more than $160 million in annual revenues. For regional laboratories across the country, BRLI’s business strategies demon…

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Sonic HealthCare In US: How Will Market Change?

CEO SUMMARY: LabOne, Inc.’s acquisition by Quest Diagnostics Incorporated, announced in early August, removes, as a competitor, a lab company that was growing and beginning to credibly challenge the two blood brothers. Just weeks later, Sonic Healthcare Ltd.’s purchase of Clinical Pat…

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HCA Buys IRL From MDS, Makes Plans for Future

CEO SUMMARY: When HCA purchased the MDS partner share in Integrated Regional Laboratory of Ft. Lauderdale, Florida, it marked the end of MDS Laboratories’ ten-year “United States Adventure.” It also put HCA in full ownership of an automated core laboratory and a laboratory outreach …

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Carilion Health Acquires Chi Lab Consultancy

CEO SUMMARY: In selling Park City Solutions Laboratory Services Group to Carilion Health System, Park City Solutions is returning to its core competency in healthcare information technology consulting services. For Carilion Health System, this acquisition puts it firmly in the national la…

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