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Bio-Reference Labs An Example Of How Regional Labs Can Grow

IT’ S QUARTERLY EARNINGS TIME, which makes it possible to evaluate trends in the laboratory services marketplace by looking at the performance of public laboratory companies. Because of their large size and market dominance, the two national laboratory companies are closely watched to see how they…

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These Leaders in Lab Management Took Risks

BY NOW THE NEWS IS GETTING OUT. Hospital laboratory administrators and pathologists are learning there now exists a management approach that cuts the average turnaround time from order to verified result by as much as 50% in as few as 12 weeks! If that’s not enough, this management approach will s…

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Entrepreneur Offers Private Pay Autopsies

CEO SUMMARY: For the past 14 years, a non-pathologist entrepreneur has enjoyed a growing business in offering autopsy services to clients willing to pay out-of-pocket. By design, the business is limited to the Southern California region. But demand in that region is enough to regularly en…

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Brazil’s Lab Industry Gathers in Rio de Janeiro

CEO SUMMARY: Healthcare in Brazil remains a free market and thousands of clinical laboratories exist to fill the demand. However, there are early indications that commercial laboratories in Brazil may be on the verge of the same tidal wave of lab acquisitions and consolidation that was ex…

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How “Lean” is Benefiting Early-Adopter Laboratories

CEO SUMMARY: First steps toward a radical change in clinical laboratory operations are under way in a handful of early-adopter laboratories. This movement is so new that little information about their successes can be published. But the early evidence is compelling. For those labs willing…

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“September 8, 2003 Intelligence: Late Breaking Lab News”

Early last week, Laboratory Corporation of America announced an out-of-court settlement in its lawsuit involving its subsidiary, DIANON Systems, Inc. As plaintiff, DIANON had sued five former DIANON employees and their new company, DiaPath LLC. The c…

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National Lab Standards Coming For Patient Safety

CEO SUMMARY: Because lab test data plays such an important role in medical decision-making, the Centers for Disease Control and Prevention (CDC) has launched a national effort to evaluate the quality of clinical and public health laboratories. In forming a Quality Institute, the goal is t…

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Gauging The Impact Of Lab Patient Safety

CEO SUMMARY: Within 18 months, the Laboratory Quality Institute plans to issue a national report on the quality of laboratory services. Not only will this bring a new level of public attention and scrutiny to clinical laboratory operations, but it will require everyone involved in deliver…

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Last Week’s Power Outage Affects Labs in Many Regions

EVERY AFFECTED LABORATORY knows the precise time. Somewhere between 4:00 and 4:15 P.M. EST last Thursday is when the local power company stopped feeding electricity in cities ranging from New York City west to Toledo, Detroit and parts of Canada. As of press time, many labs in affected cities lacked…

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Boost for Labs: Study Reveals Big Care Gap

CEO SUMMARY: This research project involved 13,000 patients and a detailed review of medical records. The startling conclusion: the health system provides proper diagnosis and treatment only 55% of the time! Because of the study’s depth, it provides a compelling argument that the nation…

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