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Laboratory Industry Report

LIR November 2008 (full PDF issue)
November 2008

TOP OF THE NEWS
Execs remain positive despite stock turmoil
Avg. referral expense down for hospitals
SALARY ANALYSIS
Pathologists’ starting salaries between $100k-$250k
Nebraska lab cuts costs by paying more
INSIDE THE LAB INDUSTRY
Lab execs speak out on economy, lobbying priorities
Managed care orgs lose millions in Lehman, AIG exposure
INDUSTRY NEWSMAKERS
Response Genetics, NeoGenomics team up
Industry leaders launch OralDNA Labs
PHYSICIAN OFFICE LAB OUTLOOK
High error rates highlight lab’s role
FINANCIAL
Lab index fall 29% over 5 weeks
INDUSTRY BUZZ
FDA issues warning to LabCorp

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November 2008 - Table of Contents
LIR November 2008 (full PDF issue)
Lab Stocks Level Out After October Plunge; Six Execs Offer Views on Latest Economic Developments
Hospital Referral Expense per Reportable Result Expected to Drop 11% by Year End
Survey Finds Many Starting Salaries for Pathologists Are Between $100k and $250k
Inside the Lab Industry: Lab Execs See Economy Driving More Consolidation, Will Push New Administration for Higher Reimbursement
Response Genetics Teams With NeoGenomics to Expand Cancer Testing Sales Effort
Industry Veterans Plunge Into Dental Mol Dx Market With Launch of OralDNA Labs
High Rates of Test Ordering, Reporting Errors in Physician Offices Highlight Role for Labs
Lab Stocks Dip Sharply; Down 29% Over 5 Weeks, 30% for Year
FDA Threatens LabCorp With Regulatory Action Over OvaSure Claims
Nebraska’s Pathology Services Saves $3k a Year by Paying Customer Service Reps More

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