TAG:
laboratory industry
Payers Begin Speeding Up Payment to Physicians
CEO SUMMARY: Labs and pathology groups have always found it tough to bill patients and collect a high proportion of those obligations. That situation is about to change, and fast! Payers recognize that, as more consumers are required to pay higher deductibles, co-pays, and out-of-pocket e…
“November 14, 2005 Intelligence: Late Breaking Lab News”
Home screening for colon cancer is about to commence on a large scale in the United Kingdom. Beginning in April 2006, two million people between the ages of 60 and 69 will be sent test kits every second year. Consumers will receive Fecal Occult Blood (FOB) test kits. They will collect their own speci…
Mergers Create Health Insurance Oligopoly
WITH EACH ROUND OF ACQUISITIONS involving the nation’s largest health insurers, more power concentrates into the hands of ever-larger corporations. For example, just two companies, WellPoint, Inc. and UnitedHealth Group, Inc., now insure one-third of the 150 millio…
Payer Consolidation: WellPoint Buys into NYC
CEO SUMMARY: Acquisition by acquisition, the health insurance industry is consolidating. Wellpoint, Inc., already the nation’s largest health insurer at 28 million members, is acquiring WellChoice, Inc. and adding another 5 million members to its total. One consequence of this consolida…
Medi-Cal Abandons Lab Contract Scheme
CEO SUMMARY: Another threat to limit all laboratories’ access to Medicaid patients has ended. Just as the Medicaid lab contracting initiative proposed last year in Florida collapsed from its innate complexity, so also has a similar contracting initiative collapsed in California. In both…
NYC Collects Lab Results To Monitor Diabetics
CEO SUMMARY: With an estimated 780,000 diagnosed and undiagnosed diabetics in their city, officials at the New York City Department of Health and Mental Hygiene decided to take proactive action. Labs will now electronically report HbA1c test results electronically to city health officials…
“October 24, 2005 Intelligence: Late Breaking Lab News”
XIFIN, Inc. has been recognized as one of San Diego’s “Technology Fast 50” companies. XIFIN, based in San Diego, provides laboratories and hospital outreach programs with a Web-based software system for managing laboratory accounts receivables and financial operations. To make …
Do Regional Laboratories Have A Bright Future?
IF INTEGRATED INFORMATICS CAPABILITIES will be a major point of differentiation among competing laboratories in the future, then several warning flags have recently appeared in the laboratory industry. Regional laboratories and hospital lab outreach programs should take notice. One warning flag is t…
Our Tenth Anniversary Serving Your Needs
CEO SUMMARY: It was on September 25, 1995 that the first issue of THE DARK REPORT was published. The laboratory industry was in financial turmoil. There was widespread consolidation in both the commercial lab sector and among hospital laboratories. Reimbursement for lab testing services w…
Bio-Reference Labs Develops Regional & Niche Strategies
CEO SUMMARY: Bio-Reference Laboratories, Inc. (BRLI) of Elmwood Park, New Jersey is a lab company on a roll. In just five years, it has grown from $66 million to more than $160 million in annual revenues. For regional laboratories across the country, BRLI’s business strategies demon…
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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