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WSJ Slams Client Bill For Lab Test Services

CEO SUMMARY: In a front-page story last Friday, the Wall Street Journal published an investigative story on the topic of client billing for laboratory testing and anatomic pathology services. It’s a “must-read” story for all pathologists and lab managers. For years, the lab industry…

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“October 3, 2005 Intelligence: Late Breaking Lab News”

It’s a small news item, but sometimes such tidbits presage a bigger story. On Monday, September 26, 2005, Quest Diagnostics Incorporated filed a notice with the Securities and Exchange Commission (SEC) that it had received a subpoena from the New York Office of the…

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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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“September 12, 2005 Intelligence: Late Breaking Lab News”

Integration of healthcare information is attracting major investments. On August 29, 2005, Per Se Technologies, Inc. and Wolters Kluwer NV announced that they would acquire NDCHealth Corp. They will pay $700 million and assume $270 million in debt. P…

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A Tale of Two Hospitals

DURING THE PAST TWO WEEKS, we’ve watched as the nation’s 35th largest city—New Orleans—and a metropolitan area encompassing more than 1 million people has literally ceased to exist. Today this region is effectively a ghost town and former residents are scattered throughout the United States. …

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Houston Lab Fills Gap For Katrina Evacuees

CEO SUMMARY: Literally overnight, Houston found itself dealing with tens of thousands of evacuees fleeing the destruction in New Orleans and surrounding areas. Many evacuees arrived in poor health. The Harris County Hospital District laboratorians of Houston pitched in to create an emerge…

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Lab Suppliers Step Up In Katrina’s Aftermath

CEO SUMMARY: It’s a story that escapes media coverage. As Hurricane Katrina advanced northward, often the first source of fresh supplies and disaster relief for laboratories affected by the storm was their instrument vendor or other supplier. Many of these companies were prepositioning …

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Sonic Healthcare Buys Clinical Pathology Labs

CEO SUMMARY: It’s one of the most interesting lab acquisitions to take place in the past decade. Pathologist-owners of Austin, Texas-based Clinical Pathology Laboratories, Inc. are selling up to 85% of their lab company to Sonic Healthcare, Ltd, Australia’s largest laboratory firm. Th…

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PCR Celebrates Its Twentieth Anniversary in 2005

IT’S BEEN A BUSY YEAR AND I HOPE NO ONE THINKS we’ve been remiss by not mentioning a milestone anniversary until now. On the other hand, I personally can’t recall reading about this anniversary elsewhere in the lab industry press during 2005. So maybe I am among the few to call attention to the…

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