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Heeding the Lessons of Market Competition

COMPETITION FOR LAB TESTING DOLLARS IS THROWING NEW CURVEBALLS at both clinical labs and pathology group packages. Failure to spot these developments and respond to them now will have swift financial consequences. In this issue of THE DARK REPORT, readers will notice how we’ve identified market th…

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Path Group Closes Its Lab After GIs Do In-Clinic Lab

CEO SUMMARY: Kettering Pathology Associates of Kettering, Ohio, built a thriving outreach pathology business in this Dayton suburb before three gastroenterology groups either sent biopsy work out of state or built their own lab, and asked the pathologists to provide contracted professiona…

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An Economic Perspective On Discounted PC Deals

CEO SUMMARY: By opening their own in-office pathology laboratories, specialist physicians are undermining a long-established referral relationship with the pathology profession. Pathologists are debating the merits of this market-based trend and its effect on their profession. However thi…

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Quest South Florida Wins Governor’s Award for Quality

CEO SUMMARY: It’s an important milestone for the clinical laboratory profession. Quest Diagnostics Incorporated South Florida, based in Deerfield Beach, Florida, earned the 2007 Florida Governor’s Sterling Award for quality. This is only the second laboratory in this country to win a …

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Cost of Health Benefits Outpaces Inflation in Ongoing, 7-Year Trend

PREMIUMS FOR EMPLOYER-SPONSORED health insurance rose 6.1% this year, as reported in the Employer Health Benefits Survey released by the Kaiser Family Foundation and Health Research and Educational Trust. The 6.1% increase was mixed news for the nation’s employers…

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September 17, 2007 “Intelligence: Late Breaking Lab News”

Coming soon to a theater near you this fall is the movie Pathology, with Rutger Hauer in the starring role as a pathologist. The Internet Movie database says Pathology (www.enterpathologylab.com) is the story of how medical students decide which of them can commit the perfect murder without being det…

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EMR Links as Labs’ Next Competitive Advantage

WE ARE CAREFULLY TRACKING THE ACCEPTANCE AND USE of electronic medical record (EMR) systems by office-based physicians. It is an important trend, one that is both an opportunity and a threat for regional laboratories. As you will read on pages 3-6, once physicians install and begin to use EMR in the…

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Getting Connected: Labs Find Value in EMR Links

CEO SUMMARY: As physicians deploy electronic medical record (EMR) systems, they quickly ask their laboratory for electronic results reporting directly into the EMR. Later, these doctors will ask for electronic test orders from their EMR. Savvy labs are using this opportunity to develop cl…

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Michigan Derm Convicted On 31 Fraud Charges

CEO SUMMARY: Last year, dermatologist Robert W. Stokes, D.O., of Grand Rapids, Michigan, was indicted by the federal government for 72 counts relating to various offenses, including upcoding, and improper coding. Of this total, 35 counts against Stokes involved his billing payers for labo…

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Lab Billing Indictments Underscore Docs’ Risks

CEO SUMMARY: Physicians should consider the precedent established recently when the U.S. Attorney for the Western District of Michigan obtained a 72-count indictment against a local dermatologist, including 35 counts of submitting fraudulent claims for lab tests he did not perform, as wel…

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