Subscribe Now
 Already a subscriber? Log-in!
By subscribing to Laboratory Industry Report, each month you'll get an insider's view of the lab industry's most important business and financial trends, plus predictions for the coming year.
In each issue, you find:
- Comparative data on lab pricing
- Information and explanations describing how to deal with healthcare integration, capitation, technology advances, etc.
- Clear perspectives of how your firm is performing vs. the market at large How publicly-traded lab companies are performing and what their top executives earn
- Updates on late-breaking mergers & acquisitions.
Are you up on what's working—and what's not—for laboratories located in a variety of practice settings-hospital, commercial, group practice sites and network systems?
More importantly, do you know where to turn for business intelligence & insight when you need to know what's happening to key companies, how Wall Street views the industry, or the latest scoop on mergers, buyouts, consolidations and alliances?
Laboratory Industry Report is a must for everyone having a vital stake in today's competitive lab marketplace-owner, director, pathologist, CEO, COO, CFO, general manager, administrator, manager, marketeer, or vendor.
With Laboratory Industry Report, you'll get all the business news & insights which are accurate, objective, reliable, and authoritative. Gain a competitive edge for your company or institution today by subscribing today!
|
|
|
 |
 | LIR October 2007 (full PDF issue) |
| TOP OF THE NEWS
Labs turn to Lean and Six Sigma
Myriad premieres TV ad
MERGERS & ACQUISITIONS
LabCorp to buy PA Labs
INSIDE THE LAB INDUSTRY
The lowdown on Lean and Six Sigma
DIRECT TO CONSUMER
Inside a direct access testing company
LAB SPENDING
Trends in the reagent vendor market
PAYOR NEWS
United Healthcare strikes deal to resolve claims concerns
FINANCIAL
Lab stocks down 2%
INDUSTRY BUZZ
Midwest lab sees steady demand for CYP450 AmpliChip testing
Full Article |
| Myriad Premieres TV Ad for Breast Cancer Test |
| Myriad Genetic Laboratories (Salt Lake City, UT) is following the lead of Digene with direct-to-consumer marketing. The difference? Digene’s test is designed to detect a virus (human papilloma virus) that affects approximately 20 million people in the United States and can cause cervical cancer. Myriad’s BRACAnalysis test, which costs $3,125, has a much smaller candidate pool, and many are concerned that the advertising may lead to unnecessary testing.
Full Article |
| Labs Boost Efficiency With Lean and Six Sigma Techniques |
| Process management philosophy might work wonders in an automotive plant, but can it result in a meaningful improvement in the performance, quality, and efficiency of clinical laboratories and other healthcare settings? Increasingly, yes. Laboratories and hospitals of all sizes are adapting the principles of Lean manufacturing and Six Sigma to streamline their workflow, fine tune their information systems, eliminate errors, and minimize turnaround time.
Full Article |
| LabCorp Nears Close on Indiana Laboratory |
| In mid-September, LabCorp (Burlington, NC) quietly reached an agreement to acquire Pathology Associates Labs (PA Labs; Muncie, IN), which was originally formed from a merger of Pathologists Associated and Follas Labs. The laboratory is a joint venture between Cardinal Health Systems and East Central Indiana Pathology. Financial terms of the deal were not disclosed.
Full Article |
| A Closer Look at a Provider of Direct Access Testing |
| Business is booming for the sometimes controversial direct access testing market, especially with a reported 47 million uninsured in the United States. Todd Myers, managing member of direct access testing (DAT) company, Personalized Lab Services (Dunedin, FL), says that in the two years the company has been in existence, they have had "steady, good growth."
Full Article |
| Lab Industry Looks to Lean Manufacturing Experts to Boost Efficiency |
| As the healthcare and laboratory industries look for ways to implement Lean and Six Sigma, it increasingly is turning to experts in the manufacturing field and bringing them in-house to apply their expertise to the world of healthcare. Part of the reason behind this is simply that Lean and Six Sigma originated in manufacturing. Lean, which broadly applies to efficiency, came out of Toyota; Six Sigma, which broadly applies to quality, came out of Motorola. Both Lean and Six Sigma, however, overlap significantly, and both apply to quality and efficiency. Now, approximately 30 years after its inception, the most experienced practitioners generally have a manufacturing background.
Full Article |
| As Lab Vendors Consolidate, Keep Your Eye on Siemens |
| In 2006, the six largest in vitro diagnostics vendors generated a total of $8.23 billion in revenue in the U.S. market. Excluding diagnostic revenue created by self-monitoring glucose testing, the six companies reported combined revenue of $5.55 billion.
Full Article |
| United Healthcare to Pay Up to $20 Million to Resolve Claims Concerns |
| United Healthcare Insurance Co., a division of UnitedHealth Group
(Minnetonka, MN), has struck a deal with 36 states and the District of Columbia, agreeing to pay up to $20 million to resolve regulatory concerns over the company’s insurance claims payment system.
Full Article |
| Lab Stocks Fall 2%; Bio-Reference Climbs |
| The G-2 Laboratory Stock Index fell 2% in the four weeks ended September 21, with six stocks up in price, four down, and one unchanged. Year to date, the G-2 Index is up 20%, while the Nasdaq is up 11% and the S&P 500 is up 8%.
Full Article |
| Midwest Lab Sees Steady Demand for CYP450 AmpliChip Testing |
| Is CYP450 AmpliChip testing taking off? It is at the Center for Molecular Medicine (CMM; Grand Rapid, MI). The laboratory added Roche’s AmpliChip CYP450 test to its menu in the spring, becoming the first laboratory in the Midwest to offer the test. According to CMM Executive Director Daniel Farkas, Ph.D., the test is exceeding expectations.
Full Article |
|
|
Please choose an archived issue to view newsletter table of contents above
|
|
