Innovative mHealth Devices Enable Smartphone Users to Self-Test and Share Results in Real Time

New mHealth devices open the door for clinical laboratories and pathologists to offer continuous monitoring services to patients which incorporate the patient’s self-test results with that patient’s cumulative medical lab test data In today’s age of mobile computing, healthcare applications are hot. Now comes news that a Swiss company has launched what it calls the world’s first medical smartphone! Of note to clinical laboratory managers and pathologists is the fact that this medical...

Quest Diagnostics Opens the New Year by Acquiring S.E.D. Laboratories

In the first significant clinical laboratory acquisition of 2012, Quest Diagnostics Incorporated (NYSE: DGX) acquired S.E.D. Medical Laboratories of Albuquerque, New Mexico, from Lovelace Health System. The transaction was announced on January 3, 2012, and the sale was completed just days later, on January 7. Along with acquiring a 50,000 square foot lab facility in Albuquerque, Quest Diagnostics picks up nine patient service centers (PSCs) in Albuquerque and Rio Rancho, plus six additional...

Pharma Companies Lay Off Sales Reps and Use More Digital Tools to Market to Office-Based Physicians

Clinical laboratories and pathology groups may benefit from the attractive economics of digital marketing For more than two decades, pharmaceutical sales representatives have been ubiquitous in doctors’ offices. But in a surprise development, many of the nation’s largest pharma companies are dramatically downsizing their sales forces and opting to promote their products through digital media. This is an important new trend which has consequences for those clinical laboratories and anatomic...

Pathology Groups and Clinical Laboratories Should Prepare for Medicare RAC Auditors

2011 is the year that Medicare expands its Recovery Audit Program to include providers such as medical laboratories and pathology groups During the next 12 months, many pathology groups and clinical laboratories will undergo their first audit as part of Medicare’s recently-expanded RAC (Recovery Audit Contractor) program. This is a big-dollar audit program. When Congress passed the enabling legislation, it was estimated that RAC would generate $10 billion in recoveries from hospitals,...

World’s Largest Food Company Spends $567 Million to Buy into Pathology Laboratory Testing and Pharmaceuticals

Nestlé says its Prometheus Laboratory acquisition will help it develop products for patients with metabolic conditions and to promote brain health When it comes to the brave new world of genetics in pathology and clinical laboratory testing, such terms as pharmacogenomics, companion diagnostics, and personalized medicine have been coined to describe the intersection of genetic testing and molecular diagnostics with emerging medical practice. Now the world’s largest food company is putting...
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