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Labs Need Response to Physicians’ Use of EMR

CEO SUMMARY: A new trend is emerging in outreach laboratory IT systems. Labs are linking to the electronic medical record (EMR) systems in their physician clients’ offices. Delivering lab results to these systems is already common. Enabling electronic order entry is the next wave. Clini…

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Payer Sues Pathologists For Clin Path Fee Refund

CEO SUMMARY: In September, Anthem filed three lawsuits against pathology groups in Virginia, seeking refunds and punitive damages of up to $1million from each pathology group for pathology professional services provided in hospital labs by these pathology groups during the period 2001 thr…

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Lab Trends In Canada Run Ahead of U.S.A.

CEO SUMMARY: In specific ways, laboratories in Canada are already confronting the future that awaits laboratories in the United States. Many of the challenges are identical, including shrinking reimbursement and funding, as well as a shortage of skilled lab staff. One unfolding developmen…

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Blood Brothers Prepare to Go to the Mat

LIKE MANY OF YOU, I WAS STARTLED BY THE NEWS that UnitedHealth Group, Inc. was willing to cut Quest Diagnostics Incorporated out of the health insurer’s national contract for laboratory testing services. After all, there are many reasons, like economies of scale, w…

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United Health: Quest Is “Out”–LabCorp Is “In”

CEOSUMMARY: Effective on January 1, 2007, UnitedHealth Group will have one national contract laboratory. On that date, Laboratory Corporation of America becomes the preferred provider and Quest Diagnostics Incorporated becomes an out-of-network laboratory. With access to 34 million United…

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Evolving Strategy Guides American Esoteric Labs

CEO SUMMARY: Back in April 2004, when American Esoteric Laboratories, Inc.(AEL)launched operations, its declared ambition was to become a national esoteric testing firm. However, given the positive experiences from its acquisition of Memphis Pathology Laboratories in September 2004, AEL h…

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LabCorp Exec Discusses Reasons Behind Its 10-Year Pact with United

“This 10-year agreement is unique in the laboratory industry. It speaks to the long-term commitment of both parties.”—Brad Smith, Executive Vice President, Laboratory Corporation of America CEO SUMMARY: It was unprecedented when UnitedHealth …

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Some Random Insights About LabCorp’s Thinking

CEO SUMMARY: Having scooped up a number of mid-sized laboratory companies in recent years, Laboratory Corporation of America is working to integrate these operations and continue to expand its market share. In a recent conversation with financial analyst Bill Bonnello of Wachovia Securiti…

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Middleware Produces Data In Real Time for Lab Managers

CEO SUMMARY: With sustained pressure on laboratories to cut costs, reduce errors, and raise quality, lab managers need faster access to detailed information about lab work processes. One solution is to use middleware to collect data in real time from the LIS and other sources, then analyz…

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Walk-In Clinics in Retail Stores Is Hot New Healthcare Trend

HERE’S A NEW HEALTHCARE BUSINESS MODEL THAT IS POISED to transform primary care in the United States and is likely to upset any number of traditional clinical relationships in this country. The business model is the walk-in, 15-minute clinic located in a retail store. These types of clinics can al…

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