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Judge Rules Against Labs In Medicare Lab Bid Case

CEO SUMMARY: On February 14, Federal District Judge Thomas J. Whelan denied the request for a temporary restraining order (TRO) by three San Diego labs that would have stopped the Medicare Laboratory Competitive Bidding Demonstration pilot project until several legal challenges were adjud…

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Busy Year Demonstrated By Top Ten Lab Stories

CEO SUMMARY: As it turns out, 2007 has been an action-packed year with lots of events, plenty of changes, and the promise of even faster evolution across all sectors of the lab testing marketplace. THE D…

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May 14, 2007 “Intelligence: Late Breaking Lab News”

With so many baby boomers in lab management ranks making preparations for their retirement, a question now asked often is “what can I do as an encore?” Recently, THE DARK REPORT caught up with Dixie McFadden, who retired from her position as Laboratory Administrator at Kaiser Permanente N…

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2006’s Top Lab Stories Identify New Threats

CEO SUMMARY: Presented here are THE DARK REPORT’S “Ten Biggest Lab Stories of 2006.” Compared to earlier years, 2006 was not transformative for the laboratory industry. But it was an eventful year, particularly influenced by Siemens’ decision to acquire DPC and Bayer Diagnostics, …

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Pathologist Is on Board Of Central Florida RHIO

CEO SUMMARY: Participation in the development and implementation of Central Florida’s nascent regional health information organization (RHIO) is helping Clinical Pathology Laboratories (CPL), of Austin, Texas, achieve four strategic goals. Philip Chen, M.D., Ph.D., CPL’s Vice Presiden…

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Siemens’ IVD Purchases Are a Major Investment

CEO SUMMARY: In the space of just nine weeks, Siemens AG purchased Diagnostic Products Corp. (DPC) and Bayer Diagnostics. Siemens paid $1.86 billion and $5.31 billion, respectively, for the two invitro diagnostics (IVD) companies. Once it closes the acquisition of Bayer Diagnostics, Sieme…

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New Lab Firm Life Cycle Demonstrated by Focus

CEO SUMMARY: When an investment group bought Focus Diagnostics, Inc. in 2000, its business objective was to increase the value of the business and sell it between year five and ten of its ownership. Thus, the announcement last Friday that Focus Diagnostics would be acquired by Quest Diagn…

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May 1, 2006 “Intelligence: Late Breaking Lab News”

Lots of news unfolding across the lab industry. Here’s a round-up of recent and noteworthy items: NEW VENTURES • Persistent rumors indicate that a new national ana…

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Consumer-Directed Health Plans To Be Healthcare’s Next Wave

“There is an opportunity for laboratories to put strategies in place to benefit from the changes triggered by wider use of CDHPs.” —Paul Mango CEO SUMMARY: It is widely known that growing numbers of employers are turning to consumer-directed…

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Spectrum Lab Network Is Sold to Equity Investor

CEO SUMMARY: Timing of the sale of Spectrum Laboratory Network to Apax Partners, L.P. was unexpected, but it’s been known for some time that the fast-growing regional laboratory was entertaining purchase offers. Under new ownership and with ready access to ample capital, Spectrum is optimis…

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