Gen Y Entrepreneurs Launch Oscar, a Consumer-Friendly Health Insurance Company in Bid to Disrupt Traditional Health Insurers

In New York City, innovative clinical laboratories have the opportunity to become a network provider for the region’s newest health insurance company Three Generation Y entrepreneurs are ready to take on traditional health insurers with their own innovative health insurance company. They claim their novel start-up can better meet the new consumer expectations and behaviors within the insurance industry. If correct, their venture could disrupt the post-Obamacare insurance world. Game-changing...

In Clinical Trials, Breath Test for Lung Cancer Shows Promise for Earlier Detection

Pathologists may do fewer lung biopsies should non-invasive breath testing technology make it into clinical practice Here’s a medical laboratory test for diagnosing cancer that has the potential to score two runs with one swing of the bat. First, researchers have completed the first clinical trial of a non-invasive cancer test that utilizes a breath specimen. Second, the subject of this clinical trial was lung cancer—a type of cancer that would benefit from a pathology test that can detect the...

Sony Makes Sizable Investments in Medical Devices and Clinical Pathology Laboratory Testing

Consumer electronics giant wants to create patient-friendly medical devices and diagnostic kits that will be used in point-of-care settings Sony is laying groundwork for a major expansion into the world of medical devices, with a particular interest in medical laboratory testing and diagnostic test kits. Experts point to Sony’s new strategy as a sign that prospects in diagnostic testing remain incredibly strong. Citing unnamed sources, the Israeli business daily Globes printed a story...

Judging the UnitedHealth Decision to Drop Quest Diagnostics in Favor of LabCorp

There was plenty of reaction to last week’s news that UnitedHealth Group had awarded an exclusive, ten-year, national lab testing contract to Laboratory Corporation of America. That contract award excluded Quest Diagnostics Incorporated. Across the laboratory industry, pathologists and lab directors are keenly interested to learn how this may affect the market for physicians’ office-based lab testing in their communities. Phones and e-mails have been flying into our offices with...
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