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“July 6, 1998 Intelligence: Late Breaking Lab News”

Last week THE DARK REPORT toured the Framingham, Massachusetts laboratory of Genzyme Genetics, the diagnostic testing division of Genzyme Corporation. It is probably the largest genetics-based diagnostics laboratory organization in the United States. The company’s …

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Premier Executive John Biggers Discusses Reasons For Laboratory Initiative

CEO SUMMARY: Because of Premier’s influence with 1,700 of the nation’s 5,000 hospitals, laboratory administrators and executives should realize that this strategic services alliance between Premier and Quest Diagnostics Incorporated will change traditional laboratory practices, regard…

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Humana, Inc. Acquired By United Healthcare

CEO SUMMARY: Clinical laboratories will see increased concentration of laboratory purchasing as a result of this merger. The combined company will insure 19.2 million people in 48 states. This transaction confirms that consolidation proceeds in all areas of the healthcare industry, despit…

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“Disease Management” Firms, Niche Labs Release Financials

Two DISEASE MANAGEMENT FIRMS enjoyed strong revenue growth during the first quarter of 1998. UroCor, Inc. and Impath Inc. posted revenue increases of 31% and 49%, respectively, over first quarter 1997. UroCor is the disease management company which serves urologists…

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Unilab & LabOne Demonstrate Improved Revenues and Profits

AFTER AN EXTENDED MULTI-YEAR financial siege, Unilab Corporation seems to be regaining its balance. First quarter financials demonstrate respectable gains in revenue and net income at the California based laboratory. Big gains were posted by LabOne, Inc. of Lenexa, …

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American Path Resources Bought By Pathology PPM

CEO SUMMARY: Here is first confirmation that Pathology Consultants of America has indeed purchased American Pathology Resources. The combination of the two pathology-based physician practice management companies demonstrates that the pathology industry is on the verge of rapid transformat…

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Tennessee Lab Network In Start-Up Preparations

CEO SUMMARY: Planning for the Middle Tennessee Healthcare Network’s proposed regional laboratory network took longer than expected, but not without good cause. Organizers of this laboratory network did their homework and created a solid business plan. Approval by CEOs from the participa…

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Catholic Healthcare West, Tenet Form Joint Venture

CEO SUMMARY: This consolidation initiative brings together the resources of both hospital operators. The objective of the partnership is to more efficiently align services in California’s San Joaquin Valley. This is a proactive step that anticipates further reductions in reimbursement a…

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3rd Annual War College Highlights Managed Care

CEO SUMMARY: Laboratory executives seeking ways to survive and thrive with managed care contracts will find innovative strategies at this year’s EXECUTIVE WAR COLLEGE on Laboratory Management in New Orleans on May 12-13. Also featured are powerful case studies that define effective mana…

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Market Forces Cause Detroit’s Lab Network To Launch Operations

CEO SUMMARY: Joint Venture Hospital Laboratories’ success rests on an essential fact: it exists to respond to marketplace demands. The network links laboratory operations of 24 hospitals owned by eight integrated delivery systems in Greater Detroit. Not only is it the oldest continuousl…

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