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Three Ex-UroCor Execs Acquitted in Jury Trial

CEO SUMMARY: On June 30, 2006,three former executives of UroCor,Inc.,accused by the U.S. Attorney of anti-kickback and securities violations, stood and heard the jury verdict in their case. “Not guilty on all counts,” stated the jury foreman. Thus ended the effort to convict former ex…

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Labs Taught Physicians How to Do TC/PC Deals

CEO SUMMARY: As many pathology groups discover that their best urology and gastroenterology clients are taking serious steps to do their own anatomic pathology, they ask a basic question: How did their best-referring…

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TC/PC: Pathology’s Barn Door Is Now Wide Open

CEOSUMMARY: There’s a degree of irony in the current state of affairs. When a handful of lab companies decided to hit office-based urologists and gastroenterologists with the sales tactic of a TC/PC arrangement several years ago, no one realized the consequences of teaching these high-r…

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Turning Up the Heat in California

FOR THE PAST TWO DECADES, CALIFORNIA HAS BEEN A PACE SETTER in healthcare and the clinical laboratory industry. Events in recent weeks seem to indicate that California will continue to move ahead of other regions in developments that influence the clinical laboratory industry. First, there is the im…

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Merck’s HPV Vaccine Cleared For Use by FDA Last Week

IT’S BEEN A RACE between two pharma giants to get an HPV (Human papillomavirus) vaccine into the market. Last Thursday, Merck & Co., Inc. jumped ahead of GlaxoSmithKline. That was the day that the Food and Drug Administration (FDA) cleared Mer…

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June 12, 2006 “Intelligence: Late Breaking Lab News”

Many changes are unfolding across the laboratory industry, so we begin with some of the more significant developments involving people: TRANSITIONS •One of clinical pathology’s respected veterans is preparing to retire. Elkin Simson, M.D., Medical Director at th…

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More Labs Opt to Use and Lab Automation

CEO SUMMARY: Many of the nation’s more innovative laboratory organizations are paying closer attention to laboratory productivity and operational performance. To achieve improved operations, these labs are putting three tools to greater use. They are using targeted automation solutions …

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Lab MUEs Reconsidered, CMS Changes Course

CEOSUMMARY: It may bear are moment of common sense. Last month, Medicare officials stated their intent to exclude clinical laboratory and anatomic pathology CPT codes from the “Phase One” implementation of Medically Unbelievable Edits (MUEs). It is a positive step, and comes in respon…

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More IVD Consolidation: DPC Sells to Siemens

CEO SUMMARY: It is a significant acquisition, and not just because Diagnostic Products Corporation has a major presence in immunodiagnostics. Siemens Medical Solutions is one of the dominant competitors in radiology. Its willingness to pony up almost $2 billion t…

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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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