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1997’s Top Ten Lab Stories Predict New Directions

CEO SUMMARY: Events during 1997 reveal that the laboratory industry continues to undergo fundamental change. Yet even amidst the industry’s downsizing, selected laboratory organizations continue to flourish. Here is THE DARK REPORT’s annual look at top stories for the year. A careful …

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To Protect Pathology Profits: Understand Managed Care

CEO SUMMARY: On November 8, 1997, THE DARK REPORT convened a private symposium restricted only to pathologists. The sole purpose of this event was to identify how pathologists could preserve and enhance their income. Within the confidential setting of a plush resort in Scottsdale, Arizona…

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“State of Lab Industry” Reveals Radical Change

CEO SUMMARY: Pick your trend: declining reimbursement, consolidation, clinical integration, downsizing, and capitated reimbursement. These trends all continued to shape the way laboratories organized to provide services. But 1997’s wildcard was the federal government. Between investigat…

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“December 8, 1997 Intelligence: Late Breaking Lab News”

Fast-growing specialty test provider SpectraCell Laboratories, Inc. of Houston, Texas announced the acquisition of Southwest Hemostasis and Oncology Consultants, Inc. (SHOC) of Dallas, Texas. SpectraCell offers assays that perform functional intracellular analyses of…

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Regional Growth Strategy Guides Presbyterian Labs Services

CEO SUMMARY: Here’s a consolidated laboratory organization serving six hospitals and an extensive outreach program. As described in the first installment of this two-p art series, Presbyterian Laboratory Services actively reshaped itself into a well-run asset for its parent healthcare s…

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“November 17, 1997 Intelligence: Late Breaking Lab News”

Neuromedical Systems’ PapNet® procedure is included in the new CPT codes covering automated cytology. The CPT codes take effect on January 1, 1998. Expect to see a flurry of announcements that selected managed care plans will reimburse for automated cytology procedures. MORE …

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National HMOs Having Trouble Digesting All Their Acquisitions

HARD TIMES for the clinical laboratory industry have lasted for at least three years. Now it appears that national HMOs may be in for an extended period of financial difficulty. Earnings reports from major HMO corporations disappointed Wall Street. Cigna, Aetna and PacificCa…

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Quest Diagnostics, Sonora Join Phoenix Operations

CEO SUMMARY: When Quest Diagnostics Incorporated and Sonora Laboratory Sciences announced their joint venture, it confirmed that Quest Diagnostics is the first of the national laboratories to begin serious restructuring of its national network of regional laboratories. Such restructuring …

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“June 23, 1997 Intelligence: Late Breaking Lab News”

Joint Venture Hospital Laboratory network (JVHL) of Detroit added a not her hospital system to its growing regional laboratory network. M-Labs, the laboratory division of the University of Michigan Health System, joined JVHL. This is the eighth hospi…

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Lab Information Systems Meeting Highlights Innovation, Ideas

CEO SUMMARY: Managed care’s pressure to create clinically integrated healthcare delivery systems changes the way laboratories report, use and warehouse clinical data. Dr. Bruce Friedman’s annual laboratory information systems conference in Ann Arbor provided graphic evidence that tech…

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