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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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September 25, 2006 “Intelligence: Late Breaking Lab News”

On September 8, Becton, Dickinson & Company (BD) announced that it would acquire TriPath Imaging, Inc. for a purchase price of approximately $350 million. TriPath’s share price has not moved significantly over the past five years, so many shareholders were push…

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Sonic Healthcare & CPL Make First Acquisition

CEO SUMMARY: Expanding from its base in Texas, Clinical Pathology Laboratories, Inc. (CPL) has acquired Cognoscenti Health Institute, LLC of Orlando, Florida. The deal was done discreetly and gives Sonic Healthcare, Ltd., parent of CPL, a solid foothold in Florida. Cognoscenti has also ma…

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Bio-Reference Enters DNA Sequencing Market

CEOSUMMARY: Bio-Reference Laboratories has just placed an unexpected bet on the wide-open opportunities in genetic testing. The acquisition of GeneDX brings it a respected team of geneticists, capabilities in full DNA sequencing, and a proven track record in testing for rare and complex h…

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Pathologists Contribute To Women’s Hospital

CEO SUMMARY: Speedier pathology reports and more active involvement with clinicians are two ways that the 15 pathologists at Pathology Group of the Mid-South help Baptist Memorial Women’s Hospital meet its goals of improved outcomes and a patient-friendly environment. Even with an off-s…

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McKinsey Predicts Most Hospitals Must Specialize to Survive

CEO SUMMARY: Imagine a healthcare system where successful hospitals specialize in particular clinical services, treat patients like customers at a Ritz Carlton Hotel, and have close clinical and financial collaborations with top-performing physicians. This is the American healthcare syste…

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Bio-Rad Buys Ciphergen’s Proteomics Technology

PROTEOMICS IS EXPECTED TO BE ONE of the most active areas in molecular diagnostics and Bio-Rad Laboratories, Inc. has just staked a major claim to a promising proteomic technology. In a transaction announced on August 18, 2006, Bio-Rad will acquire the proprietary proteomics instrum…

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September 5, 2006 “Intelligence: Late Breaking Lab News”

On August 14, AmeriPath, Inc. released its second quarter earnings report. Revenues were $191.7 million, an increase of 35% from $143.6 million posted in second quarter of 2005. These numbers reflect the acquisition of Specialty Laboratories, Inc., which AmeriPath ac…

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Medicare’s Lab Competitive Bidding Demonstration

EVERYONE SHOULD MARK JANUARY 1, 2007 ON THEIR CALENDARS. On that date, just 14 weeks from now, Medicare administrators intend to announce which laboratory bidders will be allowed to provide lab testing services in the laboratory competitive bidding demonstration that was mandated by the 2003 Medicare…

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Lab Competitive Bidding Project Slated For Jan. 1

CEO SUMMARY: In a rather quiet fashion, Medicare officials have disclosed timetable dates for implementing the laboratory competitive bidding demonstration mandated by the 2003 Medicare spending bill. Medicare intends to announce the names of participating laboratories by January 1, 2007….

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