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Aetna Settles Texas Suit, To Reform Care Policies

CEO SUMMARY: Texas demonstrates that, where providers have political clout, some of the more onerous aspects of managed care can be changed. The Texas Attorney General sued Aetna and five other HMOs in 1998 about the way physicians were given incentives to stay within budget numbers for t…

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2000’s Movers & Shakers Represent Strong Leaders

CEO SUMMARY: Its time again for THE DARK REPORT to make its yearly selection of the lab industry’s Movers & Shakers. Individuals chosen for 2000 represent a cross section of laboratory companies. Their successes demonstrate that leadership and vision continue to make a difference, d…

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Being the Biggest Doesn’t Guarantee Success

NEWS THAT ANOTHER HEALTHCARE GIANT is in financial trouble and the object of an unwanted acquisition offer should not be surprising. Even if Aetna, Inc. is purchased by WellPoint Health Insurance Networks Inc. and ING Group NV, the new buyers must fi…

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Proposed Federal Budget Threatens Laboratories

BY NOW MOST OF YOU KNOW THAT PRESIDENT CLINTON’S FY01 BUDGET is not kind to the clinical laboratory industry. It seeks to restore the 20% copayment for lab services, cuts 30% out of the reimbursement for four tests, and institutes the Medicare competitive bidding concept for lab services. Over the…

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Park City Solutions Acquires Chi Lab Systems of Ann Arbor

THERE’S A NEW PLAYER in healthcare and laboratory consulting. Park City Solutions, Inc. of Midway, Utah wants to become a recognized name in the lab industry. As one step toward this goal, it announced the purchase of Chi Laboratory Systems, Inc. of Ann Arbor, Mic…

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NY Labs Achieve Repeal Of Onerous Surcharge

CEO SUMMARY: Clinical laboratories in the state of New York demonstrated that the lab industry can effectively influence legislation when the state legislature finally repealed the onerous laboratory test surcharge first enacted in 1997. Lab industry leaders should apply the lessons learn…

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“State of Lab Industry” Holds Surprises for All

CEO SUMMARY: Say goodbye to several of the trends which shaped the lab industry during the 1990s, such as consolidation and government compliance programs. Although these trends won’t completely disappear, they will be superseded by a number of new transformational influences. During th…

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1999’s Top Ten Stories Reflect Speed of Change

CEO SUMMARY: This year’s round-up of the lab industry’s Top Ten most important stories lacks any compelling single theme. THE DARK REPORT’s conclusion? 1999 was a transition year. No new outside forces rattled the lab industry, allowing lab executives and pathologists to concentrate…

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LabCorp and CIGNA Ink New Provider Agreement

CEO SUMMARY: After four years of working with SmithKline Beecham Clinical Labs as its sole designated laboratory provider, Cigna Healthcare recently opened the door to Laboratory Corporation of America. THE DARK REPORT believes this development is first evidence that the nation’s larges…

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Point-Of-Care Chemistry Ready To Transform Labs

CEO SUMMARY: Following on the heels of our prediction about web-based test ordering/results reporting, here’s another equally revolutionary development. CARESIDE, Inc. is ready to launch a point-of-care instrument suite for routine, high-volume chemistry and hematology tests. Early peek…

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