The fight for managed care contracts continues, and Quest Diagnostics (Lyndhurst, NJ) has won the latest round. Effective July 1, LabCorp (Burlington, NC) will no longer be a contracted laboratory services provider for Aetna (Hartford, CT). The nation’s second largest commercial laboratory has been a preferred national provider to Aetna’s PPO, POS, and indemnity plans nationwide for nearly a decade. LabCorp estimates that its earnings per share this year will be reduced by $0.04 to…

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April 2007 - Table of Contents

LIR April 2007 (full PDF issue)

Financial Benchmarks at 10 Major Labs: Quest and LabCorp See Gains in Revenue and Profit Per Billable Test

Aetna’s Lab Is Quest, LabCorp Takes a Hit

Kennedy to Fast Track New Bill to Regulate Lab Tests

Decatur Memorial Hospital Laboratory Enters the Molecular World

Benchmarking the Major Labs

Genova Diagnostics Buys Texas Reference Lab

Beckman Coulter to Buy Biosite for $1.55 billion

CMS Continues Rolling Out Medically Unlikely Edits

MDS Completes $615M Purchase of Molecular Devices

Lab Stocks Rise 3% Led by Orchid and Clarient

Biggest Challenges for AP Practices