CEO SUMMARY: Over the course of two days, pathologists, lab directors, and other laboratory professionals repeatedly heard speakers urge them to work hard to ensure that customers are the top priority for their laboratory organization. Another theme is the need for labs to organize their data so that they can send actionable information to referring
Tag: nate headley
CEO SUMMARY: By offering client-physicians an electronic medical records (EMR) system, Spectrum Lab Network expects to gain competitive advantage. The EMR solution supports Spectrum’s strategy of providing enhanced and integrated informatics services to all users, including physicians, payers, and patients. Until now, no lab has ever offered to be a source of EMR sales and service to office-based physicians.
CEO SUMMARY: Times are good in the laboratory industry. At least that’s the opinion of a growing number of professional investors. They are searching throughout the country for laboratories to acquire. They are motivated by the consistent financial performance of many lab companies, both public and private. Another message from the Spectrum sale is that
CEO SUMMARY: Timing of the sale of Spectrum Laboratory Network to Apax Partners, L.P. was unexpected, but it’s been known for some time that the fast-growing regional laboratory was entertaining purchase offers. Under new ownership and with ready access to ample capital, Spectrum is optimistic that it can sustain its rapid rate of growth while
CEO SUMMARY: Spectrum Laboratory Network recently completed its acquisition of MEDex Laboratories, Inc. of Kingsport, Tennessee. It is becoming a regional laboratory powerhouse, challenging Laboratory Corporation of America in North Carolina and establishing a sales base in Atlanta, long-dominated by Quest Diagnostics Incorporated. It is also adding managed care contracts.
HAVING COMPLETED ITS ACQUISITION of MEDex
CEO SUMMARY: During the past four years, this energized hospital laboratory joint venture has posted significant growth in its laboratory outreach program. One notable accomplishment has been the effective deployment and use of Web browser-based lab test orders and results reporting with its client physicians. The operational and service benefits from this strategy have been
OVER IN NORTH CAROLINA, one of those good, old-fashioned southern feuds is under way.
Like the fabled feud between the Hatfields and the McCoys of years past, Spectrum Laboratory Network and Laboratory Corporation are in a full-fledged shoot-out over market share of physicians’ office testing in the Tar Heel State.
This feud is instructive in a variety
CEO SUMMARY: Spectrum Laboratory Network, a joint venture among several large hospitals, recently selected Nate Headley to be its new Chief Executive Officer. Since its launch in 1997, Spectrum has performed below the expectations of its hospital owners. It was to enhance laboratory services to the hospitals, while generating additional cash flow by expanding specimen
CEO SUMMARY: Here’s a dramatic comparison of the effects of advanced managed care on West Coast laboratories as compared to East Coast laboratories. While Los Angeles labs endured radical downsizing and bankruptcy, New York experienced significant increases to existing laboratory capacity. The consequence could be that some New York laboratories may yet have to undergo
CEO SUMMARY: Laboratory consolidation and networking activity continues to intensify. This year’s War College faculty features exceptional stories about what works and what doesn’t. New Orleans is the place to be on May 20-21 for proactive laboratory administrators and pathologists seeking to give their organization a competitive advantage.
WHEN THE SECOND EXECUTIVE WAR COLLEGE convenes at