Tag: managed care trends

Local Labs Have Opportunities To Increase MC Patient Access

CEO SUMMARY: Although the nation’s two largest laboratory companies have achieved a dominant managed care position, opportunities remain for regional labs to do more business with managed care plans. Two experts provide an update of managed care pricing trends for laboratory testing services. For independent labs and hospital lab outreach programs seeking to expand access

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Some Random Insights About LabCorp’s Thinking

CEO SUMMARY: Having scooped up a number of mid-sized laboratory companies in recent years, Laboratory Corporation of America is working to integrate these operations and continue to expand its market share. In a recent conversation with financial analyst Bill Bonnello of Wachovia Securities, LabCorp executives discussed a variety of topics and trends in the laboratory

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DIANON Systems, IMPATH, Specialty Labs, Dynacare, Quest, LabCorp

TWO OF THE NATIONAL anatomic pathology companies reported fourth quarter earnings. Both DIANON Systems, Inc. and IMPATH, Inc. posted big gains in revenues and operating profits for 2000.

At DIANON Systems, revenues reached $95.7 million, a gain of 26% over 1999 revenues of $76.1 million. Operating income in 2000 climbed by

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Capitated Contracts Losing Favor Within the Hospital Industry

IT APPEARS THAT AN INCREASING number of hospitals in mature managed care markets like California and Colorado are rejecting capitated managed care contracts.

If future events verify this trend, the experience of hospitals may demonstrate a way for clinical laboratories to reject capitated arrangements for laboratory testing in favor of other types of agreements.

California is the

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“May 26, 1998 Intelligence: Late Breaking Lab News”

Another pathologybased PPM received venture capital funding. Pathology Consultants of America, (PCA) based in Nashville, Tennessee, just closed a $16 million deal with two venture capitalists. ABS Capital Partners of Baltimore invested $15 million. An affiliate of SunTrust/Equitable Securities ponied up the additional $1 million. This gives PCA cash to use in purchasing pathology practices.

Meanwhile, AmeriPath,

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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, Kansas. For the quarter, revenue and net earnings increased 32% and 43%, respectively. Growth was evenly distributed

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Hospital Lab-Commercial Lab Partnering Is Upcoming Trend

CEO SUMMARY: At this year’s Executive War College in New Orleans, laboratory innovators convened to study hot new trends in the industry.They were surprised to learn that partnering relationships between hospital laboratories and commercial laboratories are finally gaining wider acceptance. Laboratory executives involved in partnering arrangements had good things to say about the success of

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