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December 01, 2008 “Intelligence: Late Breaking Lab News”

Having grown to over $1 billion in revenue, Inverness Medical Innovations, Inc. of Waltham, Massachusetts, is newest of the in vitro diagnostics (IVD) companies to achieve size and scale. One of its more interesting products is an in-home system that allows …

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December 10, 2007 “Intelligence: Late Breaking Lab News”

Last month, Beckman Coulter, Inc., of Fullerton, California, announced that it will acquire the research flow cytometry instrumentation business of Dako Denmark A/S, of Glostrup, Denma…

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Phlebotomy Gets Heightened Attention For Patient Satisfaction

CEO SUMMARY: In the 1990s, many hospitals implemented decentralized phlebotomy arrangements as a way to save costs. Now, a decade later, centralized phlebotomy, managed by the laboratory, is making a comeback. Motivatio…

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Procter & Gamble Moves into the Neighborhood

LAST MONTH, A NEW RESIDENT BOUGHT INTO THE LABORATORY TESTING NEIGHBORHOOD. Procter & Gamble Company spent a third of a billion dollars to enter a joint venture with Inverness Medical Products, Inc., with the specific goal of selling diagnostic test kits to consu…

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New Competitive Forces Alter Market Status Quo

CEO SUMMARY: January was not kind to Quest Diagnostics, as the company disclosed that it was likely to lose all its UnitedHealth business by year end. It also found itself excluded from the Horizon Blue Cross Blue Shield of New Jersey program. By February 1, however, Quest Diagnostics had…

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IVD Stunner: GE to Acquire Abbott’s Diagnostics Unit

CEO SUMMARY: General Electric Corporation made a dramatic entrance into in vitro diagnostics (IVD) by acquiring almost all of Abbott Laboratories’ IVD business division. Once the sale is closed later this spring, GE will be the second major imaging vendor to buy its way into the IVD bus…

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New Book Offers Guidance About Management of POCT

WHENEVER A TREND COMES OF AGE, books appear to offer guidance on how to best benefit from such a trend. In the laboratory profession, point-of-care testing (POCT) is an example of a trend which is now ubiquitous in most large healthcare organizations. Another trend currently gathering momentum in bo…

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Geisinger’s Coag Clinics Located in Docs’ Offices

CEO SUMMARY: It was six years ago when Geisinger Health System pushed laboratory testing and pharmacy services closer to the patients and referring physicians. By establishing coagulation clinics in six multi-specialty clinic sites, Geisinger ha…

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Using Laboratory Informatics to Add Value

IN THIS ISSUE, YOU WILL READ ABOUT THE SALE of Spectrum Laboratory Network and the ongoing integration of laboratory services at Geisinger Health System. Although, on first reading, it may seem that these two stories are unrelated, I would like to call your attention…

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“November 14, 2005 Intelligence: Late Breaking Lab News”

Home screening for colon cancer is about to commence on a large scale in the United Kingdom. Beginning in April 2006, two million people between the ages of 60 and 69 will be sent test kits every second year. Consumers will receive Fecal Occult Blood (FOB) test kits. They will collect their own speci…

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