Hospital Lab Outreach: Still a Valuable Asset!

By Robert Michel | From the Volume XXXI, No. 13 – September 23, 2024 Issue

CEO SUMMARY: Hospital lab administrators everywhere are watching press releases announcing the latest agreement of a major health system selling its laboratory outreach business to one of the billion-dollar lab corporations. The pace of these sales is accelerating. These deals confirm the…

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Why Payers Bristle as Labs Submit Inpatient Fees for Outreach Tests

By Virchow | From the Volume XXX, Number 18 – December 26, 2023 Issue

        EDITOR’S NOTE: Our column, Virchow, is written…

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Outreach Nets Hospital Lab $2.5M in One Year

By Scott Wallask | From the Volume XXX, No. 14 – October 2, 2023 Issue

CEO SUMMARY: Tucson Medical Center had sold its outreach business to a commercial laboratory two decades earlier, but wanted to bring those services back to its in-house lab. Early work with the finance de…

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Labcorp: Ascension Deal Will Earn $550 Million in 2023

By Robert Michel | From the Volume XXX No. 4 – March 6, 2023 Issue

PUBLICLY TRADED LABORATORY COMPANIES OFFERED INSIGHTS into how acquisitions of hospital lab operations and outreach businesses add to their bottom lines, according to recent reports on full-year 2022 and fourth quarter earnings.  Last year was a busy one…

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How Consumers Shape Modern Laboratory Outreach

By Robert Michel | From the Volume XXX, No. 1 – January 3, 2023 Issue

CEO SUMMARY: Each of the different generations engaging with clinical laboratory outreach programs brings their own set of expectations to a blood draw. Innovative hospital lab outreach programs should serve these differences by offering multiple options to provide appointment conve…

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Memorial Hermann Sells Outreach Lab to Quest

By Joseph Burns | From the Volume XXVII No. 3 – February 17, 2020 Issue

>CEO SUMMARY: Need for more capital is probably one reason why Memorial Hermann Health System decided to sell its large clinical laboratory outreach business to Quest Diagnostics in a transaction both organizations announced on Jan. 27. Although terms of …

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Alverno Labs Adds Eight Hospitals to Its Network

By Joseph Burns | From the Volume XXVI No. 14 – October 14, 2019 Issue

CEO SUMMARY: In September, Alverno Laboratories, one of the largest networks of regional laboratories in the Midwest, added two Chicago hospital laboratories and six other hospital labs from the AMITA Health system to its network. The additional AMITA Health facilities joined Alverno as a…

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Useful Lessons for Labs That Report PAMA Data

By Joseph Burns | From the Volume XXVI No. 2 – February 4, 2019 Issue

CEO SUMMARY: Will clinical labs heed the lessons learned from the first PAMA private payer market price reporting cycle that CMS conducted in 2017? One major difference is that the definition of applicable laboratories now includes most hospital labs. This creates the opportunity for a la…

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Do Community Labs Have a Future in the U.S.?

By R. Lewis Dark | From the Volume XXVI No. 1 – January 14, 2019 Issue

It may be timely to ask a provocative question that touches everyone in the profession of laboratory medicine. Is there a future for community laboratories and hospital lab outreach programs in the United States, given the different forces acting upon the clinical laboratory industry today? In this …

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Why PAMA May Be Poised to Disrupt Lab Industry

By Robert Michel | From the Volume XXVI No. 1 – January 14, 2019 Issue

CEO SUMMARY: This will be one of the most challenging years facing the clinical lab industry since the early 1990s, when closed panel HMOs were the disruptive force that generated deep cuts in lab test prices. However, unlike HMOs of that era, the CMS scheme to collect private payer lab t…

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