TAG:
laboratory business
Two Big Pathology Groups Tap Investors for Capital
CEO SUMMARY: Pathology supergroups in California and Tennessee have each announced major recapitalizations. Both groups will use some of the money to cash out retiring partners. The balance of the new capital will be used to expand their businesses. With so many baby boomer pathologists a…
Lab Medicine’s Potential Versus Its Challenges
WE ARE STARTING A NEW YEAR. But is it the start of a new decade? That depends on how one decides to determine the first year of a decade. Even Webster’s Dictionary recognizes this difference of opinion as to the start year of a decade. For the word “decade,” Webster’s Dictionary offers a def…
Laboratory Merger & Acquisitions Saw Several Deals during 2009
CONSOLIDATION OF INDEPENDENT CLINICAL LABORATORIES continued during 2009. The most active acquirer was Sonic Healthcare, Ltd., of Sydney, Australia. It purchased three laboratories in the United States this year. Just this month, Sonic acquired East Side Clinical Laboratory …
Bostwick Builds New Lab Around 25 Ex-AFIP Paths
CEO SUMMARY: In an opportunistic business move, Bostwick Laboratories is recruiting up to 25 pathologists and a similar number of staff members from the Armed Forces Institute of Pathology (AFIP). AFIP is scheduled to close in 2011, at which time it will transit…
Expanding Lab Market Share in a Recession
IT IS UNCHARTED TERRITORY FOR CLINICAL LABS AND PATHOLOGY GROUPS. A recession now officially exists in the United States. The last time this nation experienced an extended and painful economic recession was between July 1981 and November 1982, according to Wikipedia.com. That means it has b…
Cleveland Clinic Unveils Plan For New National Esoteric Lab
DESPITE A WORSENING ECONOMY, the Cleveland Clinic will begin construction of a major new $25 million laboratory facility of 100,000 square feet this summer. The lab is expected to open by the end of 2010. During the past two years, Cleveland Clinic has quietly laid the groundwork to…
Local Labs Have Opportunities To Increase MC Patient Access
CEO SUMMARY: Although the nation’s two largest laboratory companies have achieved a dominant managed care position, opportunities remain for regional labs to do more business with managed care plans. Two experts provide an update of managed care pricing trends for labo…
November 10, 2008 “Intelligence: Late Breaking Lab News”
In this country, medical tourism is generally understood to mean someone traveling to a foreign country to access less expensive healthcare. But a handful of U.S. hospitals are ready to make domestic medical tourism a paying proposition—and boost their occupancy rates at the same time. Earlier this…
Implementing Best Practices Across 27 Hospital Labs
CEO SUMMARY: It is always challenging to ensure consistency and high productivity across the different labs in a consolidated lab organization. To help staff focus on quality and efficiency, Alverno Clinical Laboratories LLC uses Lean methods to improve quality and timely delivery of lab …
Bostwick Labs Prepares For Public Stock Offering
CEO SUMMARY: In recent years, annual revenue at Bostwick Laboratories has skyrocketed, reaching $102.8 mil- lion in 2007. Now the company, known for its national uropathology expertise, has filed documents in preparation for an initial public stock offering (IPO). Bostwick Laboratories is…
CURRENT ISSUE
Volume XXXII, No. 6 – April 21, 2025
Now that a federal judge has vacated the FDA’s LDT rule, The Dark Report analyzes the judgement and notes the various steps the FDA could take in response. Also, lab testing at pharmacies is proving to be less successful than was once anticipated.
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