TAG:
laboratory company
LabCorp’s MacMahon Provides Insights About Lab Marketplace
CEO SUMMARY: Pathologists will be particularly interested in what Thomas MacMahon has to say about the evolution of laboratory medicine. As Chairman, President, and CEO of Laboratory Corporation of America Holdings, he has continuous access to some of the best strategic analysis about the…
Bio-Reference Labs, Quest Diagnostics, TriPath Imaging, Specialty Labs, SARS
BIO-REFERENCE LABS POSTS 20% INCREASE IN ANNUAL NET REVENUE LAST YEAR’S FRENZY of laboratory acquisitions left Bio-Reference Laboratories, Inc. of Elmwood Park, New Jersey as the nation’s third-largest public laboratory company focused primarily on physicians’ office t…
The Lab Industry’s Market Share Juggernauts
MOST OF YOU KNOW THAT 2002 WAS AN UNEXPECTEDLY ACTIVE YEAR for public laboratory company acquisitions. The entire rank of mid-market public laboratory companies actively selling routine testing services to physicians’ offices was swept from the board by Quest Diagnostics Incorporated and L…
Quest Ready to Move on Unilab, Announces Its 2002 Earnings
PERSISTENCE IS ABOUT TO PAY OFF for Quest Diagnostics Incorporated. After ten months of effort, it expects to finalize its acquisition of Unilab Corporation within weeks. But the Unilab acquisition soon to close looks different than the acquisition that was original…
Laboratories Sit Squarely Between New Genetics and Today’s Medicine
“Clinical laboratories and pathology groups are at the leading edge of the genetic revolution.” —Rick J. Carlson. CEO SUMMARY: Healthcare futurist Rick J. Carlson believes that knowledge of the human genome will trigger revolutionary…
New Efforts to Boost Supply of MTs & MLTs
CEO SUMMARY: Most laboratorians are acutely aware that the nation’s pool of trained medical technicians and medical technologists is shrinking even as growing numbers of baby-boomer lab techs approach retirement. Meanwhile, training programs are feeding inadequate numbers of new med tec…
Changes Expected in Market For Hospital Reference Testing
CEO SUMMARY: For the hospital send-out testing marketplace, 2002 has been an eventful year. First came the acquisition of American Medical Laboratories by Quest Diagnostics Incorporated. In April, Specialty Laboratories disclosed its problems with state and federal laboratory regulators. …
Two Blood Brothers Use “Free Testing” Strategy
CEO SUMMARY: It’s a business strategy that Quest Diagnostics Incorporated and Laboratory Corporation of America use in selected areas where they have lost exclusive managed care contracts to regional lab competitors. In order to retain access to a physician’s fee-for-service testing b…
Specialty Laboratories’ New CEO Reveals How His Company Is Changing
“You will see a more tightly focused Specialty Labs. We won’t try and do everything, rather we will do what is important for our customers.” —Douglas S. Harrington, M.D CEO SUMMARY: In recent months, several events roiled the market for hos…
Unfolding Events at Unilab, Specialty Labs and Dynacare
RECENT WEEKS BROUGHT important developments to several public lab companies. Each development changes and alters the competitive marketplace for laboratory testing services. It was big news at Specialty Laboratories, Inc. when the troubled lab company signed a Plan of Correction (PO…
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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