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Labcorp to Buy Outreach, Manage Ascension Labs

By Robert Michel | From the Volume XXIX, No. 3 – February 22, 2022 Issue

CEO SUMMARY: In a blockbuster deal valued at almost half a billion dollars, Labcorp will manage dozens of hospital labs in 10 states on behalf of Ascension Health, one of the biggest health systems in the country. Labcorp will also spend $400 million to acquire certain assets of Asc…

July 17, 2017 Intelligence: Late Breaking Lab News

By R. Lewis Dark | From the Volume XXIV No. 10 – July 17, 2017 Issue

Here’s an update on Theranos, the troubled lab company that is struggling to stay alive. Once again, reporter John Carreyrou of The Wall Street Journal scooped his peers by reporting that Theranos has listed its corporate offices for lease. For lab companies shopping for …

PeaceHealth Outreach Laboratory Sells to Quest Diagnostics

By R. Lewis Dark | From the Volume XXIV No. 3 – February 21, 2017 Issue

This is an excerpt from a 1,471-word article in the February 21, 2017, issue of THE DARK REPORT. The complete article is available for a limited time to all readers, and available at all times to paid members of the Dark Intelligence Group. CEO SUMMARY…

PAMA Data Projections Led to Decision to Sell Lab

By Joseph Burns | From the Volume XXIV No. 3 – February 21, 2017 Issue

CEO SUMMARY: Following passage of the Protecting Access to Medicare Act of 2014, officials at PeaceHealth and PeaceHealth Laboratories began to model the financial effect this law would have on this long-established hospital lab outreach program. Based on projections of a 20% cut in reven…

PeaceHealth Labs Sold To Quest Diagnostics

By Joseph Burns | From the Volume XXIV No. 3 – February 21, 2017 Issue

CEO SUMMARY: In Oregon, one of the nation’s more successful and long-established health system outreach laboratories will cease to exist following its sale to Quest Diagnostics Incorporated. The seller explained that the Medicare Part B price cuts coming as a result of the PAMA market p…

PAMA Fee Cuts a Factor in Outreach Lab’s Sale

By R. Lewis Dark | From the Volume XXIV No. 3 – February 21, 2017 Issue

THROUGHOUT THE WORLD, THE UNITED STATES IS ENVIED for the quality and ready access to medical laboratory tests that it delivers to physicians and their patients. Yes, there are criticisms that healt…

200-Analyte Medication Test Panel Adds Value for Physicians

By Joseph Burns | From the Volume XXIII No. 6 – May 2, 2016 Issue

CEO SUMMARY: Delivering more value with lab tests requires going beyond simply working with physicians to improve test utilization by focusing on unnecessary or inappropriate tests. PeaceHealth Laboratories in Oregon successfully executed a two-step strategy to add value with its testing …

PeaceHealth Lab Helps Docs with Info to Improve Outcomes

By Joseph Burns | From the Volume XX No. 11 – August 13, 2013 Issue

CEO SUMMARY: Described by its CEO as “an information company that happens to do laboratory testing,” PeaceHealth Laboratories of Springfield, Oregon, is moving swiftly to develop and deliver value-added services to its client physicians. The lab’s goal is to help re…

Anticipating Washington’s Next Blows to Lab Testing

By Robert Michel | From the Volume XX No. 4 – March 25, 2013 Issue

CEO SUMMARY: With the advent of 2013, almost every lab was responding to some type of price cut. Clinical labs are dealing with the sequential, multi-year cuts to the Medicare Part B Lab Test Price Schedule. Anatomic pathology labs are still adjusting to the expiration of the TC Grandfath…

Volume XXXII, No. 1 – January 6, 2025

The Dark Report examines how AI is being used to predict the outcomes of FDA LDT lawsuits. Also, this issue is Part Two of a series about boosting pathology compensation in different settings, including hospitals. Two experienced pathology consultants identify the most effective approaches when negotiating Part A pathology agreements with hospitals and health systems, along with how to use data to bolster these negotiations.

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