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Lab/Path M&A Day Explores High Prices Paid to Lab Owners

IF YOU HAVEN’T NOTICED, there’s a gold rush in diagnostics! Prices paid for clinical laboratories, anatomic pathology group practices, and in vitro diagnostic (IVD) companies have soared recently. This is good news for pathologists and laboratory owners interested in putting their laboratory on …

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Powerful Trends Reshaping Anatomic Path Profession

CEO SUMMARY: THE DARK REPORT presents its newest biannual review of macro trends reshaping the anatomic pathology profession. These macro trends reveal a profession undergoing change and transformation on multiple fronts. New competitors are crowding into the market, payers and accreditin…

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February 11, 2008 “Intelligence: Late Breaking Lab News”

In an attempt to stop or delay the start of the Medicare Laboratory Competitive Demonstration Project for the San Diego-Carlsbad-San Marcos SMA (statistical metropolitan area), a lawsuit has been filed in federal court by Internist Laboratory of Carlsbad, Sharp Healthcare …

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FDA Approves New Test For Respiratory Viruses

CEO SUMMARY: Respiratory viruses are responsible for 75% of all visits to physicians and yet physicians struggle to identify whether an infection is viral or bacterial. Now there is a new molecular assay with FDA clearance that allows physicians to test for 12 common vira…

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CMS Spotlights AP as It Delays Anti-Markup Rule

CEO SUMMARY: When Medicare officials postponed implementing a new anti-markup rule late last month, it did so because of questions about how the new rule will be applied. However, the Centers for Medicare & Medicaid Services (CMS) did implement an aspect of the anti-markup rule on Jan…

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New Study Demonstrates How Lean Labs Outperform Peers

CEO SUMMARY: A new study provides powerful evidence that laboratories using Lean, Six Sigma, and similar process improvement methods consistently outperform conventionally managed laboratories. Using data sets from 100 laboratories, including 14 Lean/Six Sigma laboratories, consultant Tho…

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Total Health Spending Rises 6.7%, Tops $2.1 Trillion during 2006

HEALTHCARE COSTS totaled $2.1 trillion in 2006, according to the January/ February issue of Health Affairs. That is an increase of 6.7% over total spending in 2005, wrote researchers in an analysis titled “National Health Spending In 2006: A Year Of Change For Prescription Drugs.” Outside of a b…

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January 21, 2008 “Intelligence: Late Breaking Lab News”

It’s a laboratory acquisition that shows the importance of anatomic pathology in today’s competitive laboratory marketplace. Carilion Labs of Roanoke, Virginia, acquired Innovative Pathology Services (IPS), an anatomic pathology and cytology lab in Knoxville, Ten…

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Is CMS Playing “Bait and Switch” in San Diego?

ATTEMPTING TO WRITE THE ASSESSMENT of the Medicare Clinical Lab Services Competitive Demonstration Project that you will read in this issue earned a unique distinction: since our founding in 1995, this has been the sin…

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San Diego Bid Demo Pilot Is Industry Turning Point

CEO SUMMARY: In just six weeks, laboratories serving Medicare patients in the San Diego-Carlsbad-San Marcos MSA (metropolitan statistical area) will submit their bids to the Centers for Medicare & Medicaid Services (CMS). They may think they are bidding for access to patients in the S…

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