Tag: laboratory medicine

April 8, 2019 Intelligence: Late Breaking Lab News

By Robert Michel, from the Volume XXVI No. 5 – April 8, 2019 issue

BeaconLBS announced a collaboration with MagnaCare of Garden City, N.Y., last month. The press release issued by the two companies stated that MagnaCare would use the “BeaconLBS Physician Decision Support (PDS) solution with its network of physician and laboratory providers.” MagnaCare describes itself as a company serving “Taft-Hartley funds, TPAs, carriers, and worker’s compensation and no-fault

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February 25, 2019 Intelligence: Late Breaking Lab News

By Robert Michel, from the Volume XXVI No. 3 – February 25, 2019 issue

Quest Diagnostics sold its clinical laboratory business in India last December, thus ending a 12-year effort to build a thriving business in that nation of 1.3 billion people. The buyer was Strand Life Sciences of Bengaluru, India. The transaction was announced in a press release issued by Quest Diagnostics and no purchase price was disclosed.

Patient Care Focus Helps Path Group Win Contract

By Joseph Burns, from the Volume XXVI No. 3 – February 25, 2019 issue

CEO SUMMARY: When Ascension Wisconsin wanted one pathology group to serve its needs statewide, North Shore Pathologists responded to the request for proposal by focusing on how pathologists can improve patient care through a patient-centered model. Other pathology groups responded with proposals that emphasized the financial aspects of the relationship. Focusing on patient care won

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Project Santa Fe Labs Deliver Value with Tests

By Joseph Burns, from the Volume XXV No. 16 – November 13, 2018 issue

CEO SUMMARY: No bigger threat looms over the financial security of the nation’s clinical laboratories than healthcare’s transition from fee-for-service payment to value-based reimbursement. To navigate that transition successfully, medical labs and pathology groups will need to adopt the Clinical Lab 2.0 model. Member labs of Project Santa Fe are themselves working to develop and

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Respected Pathology Consultant Laurence J. Peterson Dies

By Robert Michel, from the Volume XXV No. 15 – October 22, 2018 issue

Many pathologists currently leading academic pathology programs and private pathology groups got some of their best business advice from Laurence J. Peterson, CPA. For more than 30 years, Peterson was involved in the operation of both clinical laboratories and anatomic pathology groups throughout the nation.

Peterson’s family reported that he died on December 25, 2017. He

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Québec’s Laboratory Consolidation Plan Aims to Save $13.5M

By Joseph Burns, from the Volume XXV No. 11 – July 30, 2018 issue

CEO SUMMARY: In the Province of Québec, an ambitious project is under-way to consolidate the clinical laboratory testing of 123 laboratories into 11 centralized lab clusters. It is one of the largest lab consolidation projects nowhappening in the world. Among the goals of this project is to improve qualityand efficiency while incurring no additional costs.

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Dartmouth-Hitchcock Builds Strong Lab Outreach Business

By Joseph Burns, from the Volume XXV No. 10 – July 9, 2018 issue

CEO SUMMARY: As health networks and hospitals consider outsourcing their lab outreach programs, the lab team at Dartmouth-Hitchcock Medical Center (D-H) offers lessons about the value of retaining outreach. D-H is now in the eighth year of a sustained expansion of its laboratory outreach business. It has combined its lab outreach strategy with a proven

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Cleveland Clinic Lab dramatically reduces doctors ordering unnecessary tests

By maryv, from the Volume XXV No. 7 – May 7, 2018 issue

This is an excerpt from a 2,920-word article in the May 7, 2018 issue of THE DARK REPORT. The complete article is available for a limited time to all readers, and available at all times to paid members of the Dark Intelligence Group.
CEO SUMMARY: In an insightful report, THE DARK REPORT shows how one lab

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Cleveland Clinic Lab Has Multi-year Test Utilization Success

By Joseph Burns, from the Volume XXV No. 7 – May 7, 2018 issue

CEO SUMMARY: Over the 24 months of a first-generation round of laboratory test utilization management projects, the Cleveland Clinic laboratories prevented more than 30,000 duplicate or inappropriate test orders, saving almost $2.7 million. Now implementing a second-generation of labtest utilization projects, the lab’s seven-year effort has prevented 160,072 tests and saved more than $5 million.

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Key Lab Trends Described At Executive War College

By Joseph Burns, from the Volume XXV No. 7 – May 7, 2018 issue

CEO SUMMARY: Innovative clinical labs and pathology groups are absorbing this year’s Medicare Part B price cuts while continuing to pursue opportunities to add value. A common theme from many speakers at last week’s Executive War College in New Orleans is that the lab must get mastery of its LIS and informatics specifically to enable

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Volume XXVI No. 5 – April 8, 2019

IT'S A FIRST FOR THE CLINICAL LAB INDUSTRY - and American industry as a whole. This issue exclusively reveals that after two years of testing, a lab has achieved the first revenue-generating flight of an unmanned drone in the U.S. Now, the lab's transport of supplies and specimens can safely bypass traffic regularly. Remarkably, the project has involved the cooperation of UPS and both the FAA and state regulators. Also, TDR reports that another government initiative, the National Correct Coding Initiative, has apparently gone awry. Labs could be harmed if they submit claims incorrectly based on the NCCI.

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Tag: laboratory medicine

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