Apr 26, 2010 | Laboratory Management and Operations, Laboratory Pathology
Older, sicker patients require more medical laboratory tests to monitor chronic conditions Like much of the developed world, Australia faces a rising demand for health services, including pathology and clinical laboratory testing. Pressure on the government to reduce health costs is intense, and that nation’s health officials are wrestling with how to rein in the soaring cost of pathology tests. Pathologists, health policy wonks, and government health officials all recognize that, in...
Feb 4, 2010 | Laboratory Management and Operations, Laboratory News, Laboratory Pathology
Sonic Healthcare stock slides on announcement of Medicare Australia funding changes In Australia, funding for pathology services and clinical laboratory testing is now undergoing review by the government health service. Last month, when news broke that the Australian Department of Health and Ageing was initiating a review of pathology funding, there was an immediate response by the stock market, as reflected in the lower price for shares of Sonic Healthcare, Ltd. (ASX:SHL), Australia’s largest...