TAG:
specialty laboratories
July 7, 2008 “Intelligence: Late Breaking Lab News”
GI Pathology, PLLC, of Memphis, Tennessee, announced that it has contracted to be a national gastrointestinal (GI) pathology laboratory provider with CIGNA HealthCare of Hartford, Connecticut. It also has a five year, national provider contract with UnitedHea…
Bostwick Labs Prepares For Public Stock Offering
CEO SUMMARY: In recent years, annual revenue at Bostwick Laboratories has skyrocketed, reaching $102.8 mil- lion in 2007. Now the company, known for its national uropathology expertise, has filed documents in preparation for an initial public stock offering (IPO). Bostwick Laboratories is…
Quest Bites: Will Pay $2 Billion for AmeriPath
CEO SUMMARY: From its inception in the mid-1990s as a pathology physician practice management (PPM) company, AmeriPath was a business that its investors created specifically to be sold. Now Quest Diagnostics Incorporated is stepping up to pay a princely ransom of $2 billion to make AmeriP…
Evolving Strategy Guides American Esoteric Labs
CEO SUMMARY: Back in April 2004, when American Esoteric Laboratories, Inc.(AEL)launched operations, its declared ambition was to become a national esoteric testing firm. However, given the positive experiences from its acquisition of Memphis Pathology Laboratories in September 2004, AEL h…
Increased Competition For Hospital Lab Referrals
CEO SUMMARY: Itās a buyerās market for hospital send-out testing because the supply of such tests exceeds demand. To fill excess capacity in their labs, some reference/esoteric lab companies are willing to offer rock-bottom prices to new clients. This situation is also motivating nati…
September 5, 2006 “Intelligence: Late Breaking Lab News”
On August 14, AmeriPath, Inc. released its second quarter earnings report. Revenues were $191.7 million, an increase of 35% from $143.6 million posted in second quarter of 2005. These numbers reflect the acquisition of Specialty Laboratories, Inc., which AmeriPath ac…
New Lab Company to Buy Westcliff, Health Line
CEO SUMMARY: In Southern California, no oneās talking for the record, but everyoneās talking about the impending acquisition of Westcliff Medical Laboratories and Health Line Clinical Laboratories by a new laboratory company. The deals are expected to close by the end of this month. T…
June 12, 2006 “Intelligence: Late Breaking Lab News”
Many changes are unfolding across the laboratory industry, so we begin with some of the more significant developments involving people: TRANSITIONS ā¢One of clinical pathologyās respected veterans is preparing to retire. Elkin Simson, M.D., Medical Director at th…
March 20, 2006 “Intelligence: Late Breaking Lab News”
On March 13, 2006, American Esoteric Laboratories, Inc. (AEL) of Brentwood, Tennessee announced the acquisition of Physicians Medical Laboratory (PML). Terms of the transaction were not disclosed. Located in Morristown, Tennessee, PML gives AEL a presence in east Ten…
Picking Top Ten Stories Of 2005 for Lab Industry
CEO SUMMARY: THEĀ DARKĀ REPORTĀ offers its pic…
CURRENT ISSUE
Volume XXXI, No. 5 – April 8, 2024
The fragmentation of consumer markets is reflected in clinical lab services, and The Dark Report examines this trend and how it will impact labs in the coming years. Also, The Dark Report notes that the FDA has issued a controversial memo to reclassify many high-risk IVD assays.
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