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Premier Explains Reasons It Sees Lab As Strategic

CEO SUMMARY: Premier’s strategic alliance with Quest Diagnostics Incorporated represents a fundamental shift in the marketplace for hospital-based clinical laboratory services. This was a project developed by Premier, in response to its evaluation of marketplace trends affecting hospita…

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“June 15, 1998 Intelligence: Late Breaking Lab News”

Clinical laboratories continue to find their customers undergoing major consolidation. This time it involves two giants in long term care Health Care Corporation of Toledo, Ohio and Manor Care Inc. of Gaithersburg, Maryland are merging. The combined company will operate 292 long term…

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New Alliance Is Example Of Coming Paradigm Shift

CEO SUMMARY: This strategic alliance represents a fundamental shift within the clinical laboratory industry. It is a response to market forces which should not be ignored by laboratory executives and pathologists anywhere in the country. Whether the alliance succeeds or fails, it will lau…

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30-Hospital Lab Contract Inked By Tenet & SBCL

CEO SUMMARY: By signing this deal with Tenet, SmithKline Beecham Clinical Laboratories captured one of the largest hospital laboratory management contracts ever offered. The project’s size, scale and far-flung geography make this a daunting challenge, particularly given California’s c…

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Regional Growth Strategy Guides Presbyterian Labs Services

CEO SUMMARY: Here’s a consolidated laboratory organization serving six hospitals and an extensive outreach program. As described in the first installment of this two-p art series, Presbyterian Laboratory Services actively reshaped itself into a well-run asset for its parent healthcare s…

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California’s Rumor Mill Links LabCorp & Unilab

CEO SUMMARY: Continued financial pressure on all laboratories operating in California leads some industry observers to believe that Laboratory Corporation of America and Unilab might be considering some kind of deal between the two companies. Senior executives at both laboratories say suc…

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National HMOs Having Trouble Digesting All Their Acquisitions

HARD TIMES for the clinical laboratory industry have lasted for at least three years. Now it appears that national HMOs may be in for an extended period of financial difficulty. Earnings reports from major HMO corporations disappointed Wall Street. Cigna, Aetna and PacificCa…

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Legislators May Repeal New York Lab Surcharge

CEO SUMMARY: On January 1, New York State began to tax lab tests performed by free-standing laboratories with an 8.18% surcharge. The New York State Clinical Laboratory Association took its message directly to the public. Laboratories in New York State created enough consumer protest that…

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Proposed Monthly Test Limit Defeated By United Lab Action

PROPOSALS TO CAP laboratory tests at no more than six per month for MediCal patients in California alarmed clinical laboratories throughout the state. The California Clinical Laboratory Association (CCLA) took immediate steps to counter the proposals. “This was a budget issue init…

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National Lab Strategies Will Impact Competitors

CEO SUMMARY: Not since the era of commercial lab consolidation ended has such a significant trend emerged. As the three national labs eliminate service to unprofitable accounts, profound changes will occur to the market for laboratory and pathology services. How quickly this leads to impr…

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