A majority of hospitals are seeing a moderate or significant decline in their financial health versus last year, with over 40 percent of hospitals expecting to report losses in the first quarter of 2009, according to over 1,000 responses to a survey of American Hospital Association members taken earlier this year. But outreach hospital laboratory operations appear to be weathering the recession. Analysis of data from over 150 respondents to the 8th Annual National Outreach…

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July 2009 - Table of Contents

LIR July 2009 (full PDF issue)

G-2 Reports-Chi Solutions’ Outreach Survey Indicates Labs Leading in Profitability Measures, Falling Short on Bad Debt and DSO

LabCorp Plans to Acquire Monogram Biosciences for Approximately $155 Million

Senate Bill Proposes ‘Date of Service’ Policy Change That Will Benefit Labs

Genoptix, Myriad Genetics Lead in G-2 Reports’ First Quarter Benchmarking Analysis

Psychemedics Teams With UK’s Bupa to Market Hair Analysis Assay

Inside the Lab Industry: Washington G-2 Reports-Chi Solutions’ Latest Survey Finds Outreach Lab Profitability Over 20% and Annual Revenue Growth Over 3%

The C-Suite Perspective: Building a Business Case for Outreach

Agendia Boosts MammaPrint Sales Effort Through CLIA Lab Launch, Sales Force Expansion

GE’s $100 Million Stimulus Simplicity Program to Offer No-Interest Loans for EMR Products

CBLPath Opens Manhattan Facility

Adeona Pharma Buys Chicago’s Hartlab to Expand Degenerative Disease Diagnostic Offerings

Lab Stocks Continue Impressive Show of Strength; Up 11% Over Five Weeks, 32% Over Past 13 Weeks

Industry Buzz: CDC Seeks Help in Establishing Laboratory Best Practices