Piper Jaffray Illustrates “New” Paradigm for Role of Lab Tests

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WHEN FINANCIAL ANALYST William B. Bonello issued his overview report on the diagnostic services industry last week, little did he know that one element of his report would prove an instant hit with lab industry executives.

During the U.S. Bancorp Piper Jaffray conference last Thursday, at least four companies included Bonello’s “paradigm shift” diagram (see below) as part of their presentations to institutional investors.

THE DARK REPORT predicts that this diagram will become quite familiar to everyone who is active in clinical laboratory testing and anatomic pathology. The diagram illustrates how Bonello expects to see laboratory testing evolve from its primary involvement in disease diagnosis toward an essential role in virtually every aspect of early detection, diagnosis, prognosis, and patient-monitoring.

It is Bonello’s assessment that diagnostic testing will become increasingly important as the American healthcare system moves toward comprehensive integration of clinical care. (See his interview on pages 9-14.)

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