Strategies to Protect the Key Assets of Clinical Laboratories and Pathology Groups

Lab-savvy lawyers tackle overlooked issues involving non-compete covenants, protection of client lists, and effective partnership agreements Unbeknownst to many owners of clinical laboratories and pathology groups, several developments have created new risks for the most important business assets of these organizations. Experts involved in legal and financial consulting for laboratories advise their clients to take definitive steps to prevent direct loss or any significant erosion in the value...

Performance-based Pathology Part A Agreements Are Win-Win with Hospitals

Pathologists find new Part A contract model creates added value for hospitals Now pathologists have a new approach to reverse the trend for hospitals and health systems to pay even less for Part A pathology professional services. Innovative pathologists are crafting what they call a “performance-based Part A Support” agreement that adds new value for the hospital, along with additional compensation for the pathologists. For pathologists, this is a major breakthrough in stabilizing and...

Succession Planning Omission Will Dearly Cost Many Clinical Labs and Pathology Groups

Your lab’s oldest Baby Boomer managers are turning 62 and thinking about retirement! There’s a ticking clock in your lab: the fast-approaching retirement of your best section managers, department heads, senior administrators, and pathologists! Yet there is still time for your lab or pathology group to address important succession planning opportunities. “Every day, about 8,760 Baby Boomers turn 62 and become eligible for their social security benefits,” observed Jeff Smith, Vice-President of...

New Managed Care Contract Opportunity for Clinical Labs and Pathology Groups

As health insurers build patient-friendly web sites, they now want all the lab test data For laboratories wanting to contract with managed care plans, it will soon be “all about the data.” In upcoming contract renewal talks, expect health insurers to have a keen interest in working specifically with those clinical laboratories and pathology groups which can interface and electronically provide lab test data. Dark Daily is first to identify this important development. It creates an opportunity...
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