Growing business through both new and existing clients are the key ways labs are expecting to achieve a return on investment in their Web-based connectivity systems, according to responses from hospital/health system outreach and independent laboratories in the recent Washington G-2 Reports’ 2009 Web-Based Connectivity Survey. In addition, most of the respondents—68.9 percent—indicated that the expected time for return on investment would be less than five years, and 21.6 percent of respondents indicated that this time frame would be five to 10 years (see figure). The average total test volume for 2008 for the respondents was 1.6 million, while the median was 900,000.

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October 2009 - Table of Contents

LIR October 2009 (full PDF issue)

G-2 Reports’ Web-Based Connectivity Survey Finds 59% of Labs Connected to Physician EMR; Many Report Expected ROI in Less than 5 Years

Industry Exhales: $750 Million Tax Levy Dropped From Senate Finance Bill

Sonic Healthcare’s 2009 Revenues Up 27% to $2.5 Billion as Acquisition War Chest Grows to $644 Million

Genoptix, Myriad Genetics Continue to Lead in G-2’s Second-Quarter Benchmarking Analysis

Inside the Lab Industry: Many Labs Expect Five-Year Return on Investment in Web-Based Connectivity Systems Through New Clients, Expanded Business

Bostwick Labs Expands Mid-Atlantic Footprint with Launch of American International Pathology Laboratories

Lab Index Finishes the Summer Strong; Up 18% Over 13 Weeks, 42% for Full Year 2009

Industry Buzz: Myriad Genetics Expands Salesforce by 50 Reps to Aggressively Target Ob-Gyn Market