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The monthly Laboratory Industry Report delivers expert perspective and trusted guidance on critical regulatory updates, operational and financial trends, plus trusted forecasts on the future of the diagnostic laboratory industry.
As a member of the Laboratory Industry Report community, you’ll take advantage of over 30 years of experience including:
- Expert strategies and advice on healthcare integration, capitation, lab technology and more
- Analysis of regulatory impact and relevant details on proposed legislation
- Comparative data on diagnostic lab test pricing and volumes
- Benchmarks to gauge your lab operations versus the diagnostic lab market at large
- Details on publicly-held labs, including executive earnings and performance
- Updates on industry mergers, acquisitions and alliances and large labs’ business activities
Laboratory Industry Report gives you direct access to industry experts to keep you current and informed on the latest issues affecting diagnostic laboratories across practice settings – hospital, commercial, group practice sites and network systems.
Clients find their membership to “LIR” to be much more than a news source; it’s where they to turn for business intelligence and exclusive insight on what's happening to key companies, how Wall Street views the industry, or the latest on mergers, buyouts, consolidations and alliances.
For over 30 years Laboratory Industry Report is a trusted resource for everyone with a vital stake in today's competitive diagnostic lab marketplace – from owners, directors, pathologists, CEOs, COOs, and CFOs to general managers, administrators, lab managers, and sales/marketing professionals.
As always Laboratory Industry Report, guarantees the accuracy, objectivity, and authority of its actionable
intelligence.
Gain a competitive edge for your diagnostic lab!
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 | LIR January 2010 (Full PDF Issue) |
| TOP OF THE NEWS
Lab M&A activity picks up steam toward end of 2009
Industry prepares for lab and physician fee cuts
SURVEYING THE INDUSTRY
G-2 data analysis finds volumes up 50% in Q3 and Q4 2009
INSIDE THE LAB INDUSTRY
G-2’s sales and marketing compensation survey finds sales rep salaries in $55K-$66K range
M&A WRAP-UP
LabCorp, Sonic make late-year acquisitions; overview of ’09 transactions
Spectrum Laboratory Network goes to Welsh, Carson for $230 Million
NEWSMAKERS
PLUS Diagnostics launches hem/onc testing division
McKesson’s Molecular Dx Criteria Analysis system lands two new payers
FINANCIAL
Lab index ends 2009 in strong fashion
INDUSTRY BUZZ
Spitz appointed vice president of laboratory operations at NeoG
Full Article |
| Industry Braces for 1.9% Cut in Lab Fees; Physician Fees Are Frozen |
| As of press time, Medicare payments for Part B clinical laboratory services are set to be cut 1.9 percent under the statutory formula used to calculate the annual update:
Full Article |
| M&A Activity Surges at End of 2009 as LabCorp, Sonic Make Lab Deals |
| As 2009 drew to a close, two of the U.S. lab industry’s primary players—LabCorp (Burlington, N.C.) and Sonic Healthcare (Sydney, Australia)—acquired labs in the northeastern region of the country.
Full Article |
| Survey Finds Test Volume Growth Robust in 2009; Labs Report 50% Increase in Q2 and Q3 |
| As the U.S. economy struggled to climb out of the recession during the second and third quarters of 2009, 55.4 percent of overall labs surveyed by Washington G-2 Reports indicated that their test volumes increased—a 9.7 percent change compared to the third quarter of 2008
Full Article |
| Inside the Lab Industry: Survey Reveals Median Sales Rep Salaries Range from $55K to $66K; Highest Pay at Esoteric Labs |
| The current median salaries for industry sales representatives range from $55,500 at independent labs to $66,000 at esoteric reference labs, according to data recently collected through interviews and surveys from over 100 respondents across the country (independent category includes labs that perform routine, as well as clinical and anatomic pathology testing).
Full Article |
| LabCorp, Sonic End-Year Acquisitions Close Out 2009 |
| Two of the biggest international lab testing providers—LabCorp (Burlington, N.C.) and Sonic Healthcare (Sydney, Australia) both made late-year acquisitions, bringing the total of reported mergers and acquisitions (M&A) to 17 for 2009 (see table).
Full Article |
| New Payers Sign On to McKesson’s InterQual Molecular Dx Criteria Analysis System |
| New York-based MVP Health Care and Blue Cross of Idaho are the two latest payers now using the InterQual Molecular Diagnostics Criteria system, from McKesson’s Advanced Diagnostics Management Division (ADM), which uses reviews of evidence-based medicine to assess appropriateness and utilization patterns in making coverage decisions.
Full Article |
| PLUS Diagnostics Launches West Coast-Based Hem/Onc Testing Division |
| Union, N.J.-multispecialty pathology testing provider PLUS Diagnostics is now offering hematology and oncology (also known as “hem/onc”) analysis services through its new West Coast 15,000-square-foot laboratory, which first opened in August.
Full Article |
| Lab Index Ends 2009 in Strong Fashion; Up 46% Full-Year 2009 |
| The 13 publicly traded labs tracked by G-2 Reports’ Laboratory Stock Index had a strong finish for 2009, despite some downturn towards the end of the year.
Full Article |
| Industry Buzz: Industry Newsmakers (January 2010) |
| Jack G. Spitz has been appointed vice president of laboratory operations at NeoGenomics (Fort Myers, Fla.).
Full Article |
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Please choose an archived issue to view newsletter table of contents above
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