Top Articles
Atrium, Advocate Aurora Merge into $27b System
It’s the latest example of two large IDNs merging, confirms trend of consolidation of hospital ownership
CEO SUMMARY: Integrated delivery networks continue to consolidate in the U.S., with the latest example being the merger of Atrium Health and Advocate Aurora Health. The deal forms a 67-hospital system across two distinct geographic areas in the Southeast and upper Midwest. IDN mergers raise the...
Regulatory Update Passage of FDA Regulation of LDTs Inches Closer in the Senate
Congressional lawmakers add the VALID Act onto a major FDA reauthorization bill
CONGRESSIONAL LAWMAKERS ARE MOVING A BILL FORWARD that would give the federal Food and Drug Administration (FDA) the power to regulate laboratory-developed tests. There are many in the clinical laboratory profession who oppose any proposal to give the FDA regulatory oversight of LDTs. ...
Lab Market Update Amazon to Close Employee COVID-19 Testing Lab in Ky.
IN A MOVE THAT MAY SURPRISE SOME OBSERVERS, Amazon announced it will close its COVID-19 employee testing laboratory in Hebron, Ky., which is just across the Ohio River from Cincinnati. This is the second large COVID-19 clinical laboratory to publ...
DOJ Charges Execs over Alleged Lab Kickbacks to Obtain Restitution
Feds to pursue individual accountability in civil fraud lawsuits
CEO SUMMARY: Multiple executives and sales representatives at True Health Diagnostics and Boston Heart Diagnostics have been named as defendants in a civil suit filed by the U.S. Department of Justice. The complaint centers on alleged kickbacks in return for clinical laboratory test...
IVD, Diagnostics & Informatics Update Lab Vendors Adjusting to Changing Sales Practices
Clinical laboratories and pathology practices shifted buying patterns since onset of the pandemic
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Halfway Through 2022, More Changes Come at Labs
APPROACHING THE MIDWAY MARK OF 2022, some clinical laboratory directors and pathologists might feel like they’ve already experienced enough changes to last the whole year. For example, since the start of 2022, we’ve seen SARS-CoV-2 testing surges come and go, as well as changes to the No Surprises Act’s out-of-network bi...
Don’t Be at the Mercy of the Tumultuous Healthcare Revolution
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CURRENT ISSUE
Volume XXIX, No. 8 – June 6, 2022
More changes are coming for the clinical lab industry, including the Department of Justice’s move to hold individuals accountable for lab fraud, even after company settlements have been reached. Also, integrated delivery networks are forming new mergers to create ever-larger business entities, all of which has implications for labs.
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