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pathology associates medical laboratories

Is PAML to Be Sold? ‘No Comment!’ Say Execs

CEO SUMMARY: It is one of the 10 largest lab companies in the United States. Thus, if Pathology Associates Medical Laboratories in Spokane, Washington, were to be sold, it would trigger a major shift in the competitive market for lab testing service…

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When Should Labs Become ‘Patient-centric?’

AS THE AMERICAN HEALTHCARE SYSTEM MOVES FORWARD with its transformation, several trends make it advisable that clinical labs and pathology groups consider the importance of becoming “patient-centric.” First, patients are being incentivized to become price shoppers and select their providers—in…

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May 28, 2013 “Intelligence: Late Breaking Lab News””

Globalization of laboratory medicine continues to move forward. Two recent examples illustrate this trend. Earlier this month, the University of Pittsburgh Medical Center (UPMC) announced that it had entered into an agreement with the Citizens Hospital of Hyderabad, …

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April 15, 2013 “Intelligence: Late Breaking Lab News”

Geisinger Health System broke ground last month on construction of a new $52 million medical laboratory facility. It will be 115,000 square feet and will be located at the site of the Geisinger Medical Center in Danville, Pennsylvania. LAB COMPANY COMPLET…

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PAML, Pathology and New Opportunities

BY ANY MEASURE, MAJOR CHANGES ARE COMING to the profession of laboratory medicine. I assume that you are familiar with most of the trends, healthcare reforms, and significant reductions in lab test reimbursement that appear regularly in the headlines. Many of these developments are unfavorable to th…

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October 29, 2012 “Intelligence: Late Breaking Lab News”

OURLab and its parent company, Prost Data, Inc., of Nashville, Tennessee, entered into an agreement to be sold to Opko Health Inc., of Miami, Florida. The purchase price of $40 million will be paid as $9.4 million in cash and $30.6 million in stock. …

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February 20, 2012 “Intelligence: Late Breaking Lab News”

In its effort to change how code stacking is used to bill for certain genetic and molecular tests, Palmetto GBA announced changes to its Molecular Diagnostic Services Program (MolDx). Earlier this month, the Medicare carrier announced that the effective date for claim submissions und…

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January 9, 2012 “Intelligence: Late Breaking Lab News”

China-based Kindstar Globalgene Technology, Inc. (Kindstar), of Wuhan, Hubei Province, entered into an agreement to acquire and use the web-based anatomic pathology laboratory information system (APLIS) developed and sold by PathCentral, Inc., of Irvine, California. …

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December 19, 2011 “Intelligence: Late Breaking Lab News”

Expanded genetic testing for cancer patients in the United Kingdom is one goal of a new effort by the Stratified Medicine Programme at Cancer Research UK. Officials want to ensure that the right genetic tests are available to support use of new therapeutic drugs for …

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A Tale of Two Laboratories

ON OPPOSITE COASTS OF THE UNITED STATES, two of the nation’s larger laboratory companies are charting very different courses. Yet, in this tale of two laboratories, each lab company has important lessons to teach hospital CEOs about the many benefits that accrue from a well-run hospital laboratory …

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