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National Esoteric/Reference Rankings

Little is known about how the marketplace for hospital send-out testing is divided among national laboratory competitors.These rankings mark the second year THE DARK REPORT has attempted to measure the market for hospital esoteric and reference testing. This ranking does not include niche…

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Is it Early-90s “Deja Vu” For Today’s Lab Industry?

CEO SUMMARY: Stock prices for laboratory and pathology companies have skyrocketed since the new decade of the 2000s dawned on January 1. Is investor optimism warranted by the opportunities ahead in diagnostic testing? Or will history repeat itself if the continuing evolution of American h…

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“October 2, 2000 Intelligence: Late Breaking Lab News”

More clinical laboratories are interested in obtaining ISO-9000 certification. The laboratory divisions of Kaiser Permanente-Southern California and Kaiser Permanente-Northern California are each preparing for an ISO-9000 certification effort. As reported in this iss…

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Lab Industry Attracting New Investment Dollars

CEO SUMMARY: Professional investors with access to hundreds of millions of dollars of investment capital are closely scrutinizing the clinical laboratory industry. They are encouraged by the recent financial performance of public laboratory companies. For independent laboratory owners, th…

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Several Labs Planning A Public Stock Offering

CEO SUMMARY: During the past six years, no general clinical laboratory company has undergone an initial public stock offering (IPO). That will certainly change during the next 24 months. There are several private lab companies which want to go public. But this business strategy can only s…

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Dr. Bruce Friedman Identifies Market Dynamics Driving Evolution of Lab Information Services

CEO SUMMARY: Probably no one is better positioned to identify the evolution of laboratory information services than Bruce Friedman, M.D., Professor of Pathology at the University of Michigan Medical School in Ann Arbor. For almost 20 years, he has hosted the pre-eminent meeting in laborat…

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Neurology is Test Focus For Athena Diagnostics

CEO SUMMARY: There are few examples of laboratory companies focused on a single medical specialty,a business model that is expected to become more common in coming years. One such company is Athena Diagnostics. For 12 years, this company has concentrated on providing diagnostic testing fo…

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Columbia/HCA’s $745 Mil Settlement Announced

CEO SUMMARY: Although Columbia/HCA will pay the feds $745 million as part of its recent settlement, the facts of “Medicare fraud” are far from convincing. Wall Street Journal analyst Holman W. Jenkins, Jr. makes a strong argument that the government was able to pick on Columb…

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Independent California Lab Decides to Exit Business

CEO SUMMARY: Market forces in California continue to put independent laboratories under sustained financial stress. One laboratory owner decided it was an auspicious time to sell his lab. That sale, of POISONLAB to Laboratory Corporation of America, was announced earlier this month. There…

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“March 27, 2000 Intelligence: Late Breaking Lab News”

Will lab information system services be a value- added selling point for the national reference labs? Developments at American Medical Laboratories (AML) and Specialty Laboratories would indicate yes. First, AML entered a strategic alliance with Park City Solutions t…

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