Illumina Is Using Acquisitions to Challenge Roche in Fast-growing Market for Gene-based Clinical Pathology Laboratory Testing

Nov 23, 2012 | Laboratory Hiring & Human Resources, Laboratory News, Laboratory Pathology

Hot competition for genetic testing market share is a signal to medical laboratories to ramp up their molecular and genetic testing capabilities Financial analysts see something of an “old west” style shootout on the horizon for genetic testing in the clinical laboratory testing market. Market leaders in next-generation gene sequencing are prepared to use acquisitions to build dominant shares in a gene testing market that experts say could hit $25 billion by 2022. Reporters at Bloomberg...

WellPoint’s New Pay-for-Performance Program to Pay Hospitals More for Meeting Quality Measures

Nov 4, 2011 | Laboratory Management and Operations, Laboratory News, Laboratory Operations, Laboratory Pathology

Private payers taking first steps on a path toward value-based purchasing that could eventually include clinical pathology laboratory testing services Pay-for-performance just took a leap forward with news that one of the nation’s largest health insurers will link hospital reimbursement to specific quality measures. This development could be a precursor to similar payer initiatives that involve how private payers reimburse clinical laboratories and anatomic pathology groups. Indianapolis-based...
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