Top Articles
Understanding COVID-19’s Changes to Lab Industry
Having survived the cash flow collapse this winter, many lab professionals want to know: ‘What’s next?’
CEO SUMMARY: With the SARS-CoV-2 pandemic about to enter its eighth month in the United States, it remains difficult to predict whether the pandemic will strengthen with the fall influenza season or steadily diminish. What is clear to most pathologists and clinical laboratory executiv...
Texas Company Operates 400 COVID-Collection Sites
Under a federal HHS contract, eTrueNorth manages SARS-CoV-2 specimen collection sites in 44 states
CEO SUMMARY: In April, the federal Department of Health and Human Services contracted with eTrueNorth to operate COVID drive-through specimen-collection sites under the Community-Based Testing Sites program. The drive-through sites are an extension of non-COVID testing the company has ...
Lab Acquisitions Update Franciscan Missionaries Sells Lab Outreach Business to LabCorp
Only second sale of a hospital lab outreach program since the onset of COVID-19 pandemic in February
SINCE THE ONSET OF THE PANDEMIC IN LATE FEBRUARY, the nation’s two largest clinical lab companies have announced only two acquisitions of hospital laboratory outreach programs, one in June and one this month. Last week, LabCorp announced its acquisition of the clinical ambu...
New York Firm to Build CLIA Labs in Shipping Containers
‘Pop-up’ clinical labs will test for SARS-CoV-2 and can perform other types of diagnostic tests
CEO SUMMARY: In many respects, the COVID-19 pandemic is like a gold rush for entrepreneurs. Federal and state governments, colleges, employers, school districts, and other entities need COVID-19 tests and tens of billions of dollars are available to pay for such tests. This modern gol...
IVD Update Covid-19 Pandemic May Be Creating New IVD Winners and Losers
Clinical labs are scrambling to buy analyzers and SARS-CoV-2 tests from multiple firms
WITH THE PANDEMIC NOW IN ITS NINTH MONTH, in vitro diagnostics (IVD) company executives and industry consultants recognize the market for clinical laboratory instruments, tests, and products is changing in fundamental ways. “Evidence accumulates that the pandemic is helping create ...
Lab Regulatory Update Is HHS Ruling on COVID-19 LDTs Negative for Lab Reimbursement?
WHILE SOME LABS CELEBRATE THE PERCEIVED FLEXIBILITY that comes from not having to get an emergency use authorization (EUA) for COVID-19 laboratory-developed tests (LDTs), there is a potential downside—difficulty getting reimbursed for the test. On Aug. 19, the Department of Health and Human S...
Coming Soon: a Different Clinical Lab Industry
“Keep your eye on the ball” is an idiom that originated with baseball. The idea is that every player on the field should, at all times, know where the ball is so that they can be ready to do their job when the ball comes their way. This is excellent advice for clinical lab administrators and pathologists during the current pandemic. That’s because all lab manage...
Don’t Be at the Mercy of the Tumultuous Healthcare Revolution
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CURRENT ISSUE
Volume XXVII No. 13 – September 14, 2020
THE DARK REPORT IS VIEWING THE FUTURE of the lab industry, and it’s clear that things will be different post-pandemic. Four trends will take shape in the coming months and years which lab professionals must bear in mind as they wrestle with everything the pandemic has wrought. Also, lab industry entrepreneurs are leveraging the pandemic situation in ways that lab managers must be aware of in order to secure their organization’s own position in the industry.
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