"Managed Care"

National HMOs Having Trouble Digesting All Their Acquisitions

HARD TIMES for the clinical laboratory industry have lasted for at least three years. Now it appears that national HMOs may be in for an extended period of financial difficulty.

Earnings reports from major HMO corporations disappointed Wall Street. Cigna, Aetna and PacificCare Health Systems reported bad financial news in recent months. Operational struggles at United

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