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laboratory company
Using a 1997 Bid Model In a 2007 Health Market
CEO SUMMARY: It’s been a long path from concept to implementation for a competitive bidding demonstration involving clinical lab services. It was in the mid-1980s when CMS commenced work on designing such a demonstration. In the 1990s, RTI International continued devel…
How PAML Built a Major Business In Lab Joint Ventures with Hospitals
“A well-structured laboratory joint venture helps the hospital partner tap the unrealized value of its laboratory, because the independent lab partner provides capital, along with experience, and expertise to s…
PAML and HCA Agree to Start New Lab Joint Venture in Utah
WHEN THE NEW LABORATORY JOINT VENTURE between MountainStar Healthcare Network of Salt Lake City, Utah, and Pathology Associates Medical Laboratories (PAML) of Spokane, Washington, was announced on November 1, most people were not aware of an important fact. (See …
Path Group Responds to FBI Visits in Stokes Case
CEO SUMMARY: As the FBI launched its investigation of fraudulent billing by Michigan dermatologist Robert W. Stokes, D.O., two years ago, staff at several pathology labs found themselves “up close and personal” with federal healthcare fraud prosecutors. One pathology lab, based on wha…
Sonic Lands in New York with Sunrise Purchase
CEO SUMMARY: Sonic Healthcare Limited of Sydney, Australia, continues to open its checkbook and purchase independent laboratory companies here in the United States. The latest deal is its agreement to purchase Sunrise Medical Laboratories of Hauppauge, New York, for as much as $168 millio…
BRLI Seizes NYC Share In Two-Stage Effort
CEO SUMMARY: Bio-Reference Laboratories, Inc., (BRLI) reported record financial results for its most recent fiscal quarter last month. Much of this success is rooted in BRLI’s discipline in defining itself as a local laboratory and using enhanced lab testing services to align itself as …
LabCorp Buys Hospital Outreach Lab in Florida
CEO SUMMARY: Once again, a national laboratory has seized the opportunity to acquire a strong regional laboratory. This time it’s the sale of DSI Laboratories, Inc., of Naples, Florida, to Laboratory Corporation of America. DSI’s owner is NCH Healthcare System, which owns two hospital…
Quest Diagnostics Regains Contract to Manage British Hospital Lab
HAVING DECLARED IN JANUARY THAT IT WANTED TO EXPAND OVERSEAS, Quest Diagnostics Incorporated announced on March 22 that it had been awarded a five-year contract to provide laboratory services to a hospital trust and primary care trust in London, England. Quest Diagnostics will provi…
Quest Bites: Will Pay $2 Billion for AmeriPath
CEO SUMMARY: From its inception in the mid-1990s as a pathology physician practice management (PPM) company, AmeriPath was a business that its investors created specifically to be sold. Now Quest Diagnostics Incorporated is stepping up to pay a princely ransom of $2 billion to make AmeriP…
February 19, 2007 “Intelligence: Late Breaking Lab News”
Recently Quest Diagnostics Incorporated is closed that it was planning to acquire laboratories in other countries, particularly in South America and the Pacific Region. (See pages 5-6.) One potential acquisition candidate is Diagnósticos da América (DASA),…
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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