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About a year after issuing its industry-shaking request for proposals (RFP) for laboratory management services to its approximately 28 million health plan members, United Healthcare (Minnetonka, MN), announced that it has awarded a 10-year exclusive service contract to LabCorp (Burlington, NC), effective Jan. 1, 2007. Contract negotiation and implementation, including network communication, system preparation, and related transition activities, are now underway. United’s annual lab spending is $2.1 billion, which is currently split among Quest (20%), LabCorp (6%), physician office labs (34%), and other labs (40%).

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November 2006 - Table of Contents

LIR November 2006 (full PDF issue)

United Healthcare Awards Exclusive 10-Year Contract to LabCorp

Self-Referral Crackdown: Pod Labs in CMS’s Crosshairs

Medicare Part B Premiums to Go Up 6% Next Year

Quest ’06 Revenues Up 17%, Driven by Esoteric Testing and LabOne

Lab Institute Highlights Medicare Reimbursement Squeeze, Need for Collaboration

Steady Growth Projected for Hospital Lab Sector

UnitedHealth CEO Resigns Over Stock Options Scandal

Canada’s Largest Lab Services Provider Sold for $1.2 Billion

Lab Stocks Up 11%; Quest Is Only Loser

Keys to Outreach Competition