Skepticism, Distrust of HIT by Healthcare Consumers Undermines Physician Adoption of Medical Reporting Technologies, But Is Opportunity for Pathology Groups, Clinical Laboratories

New studies show number of Americans who are unwilling to reveal private health information is growing, hindering medical technology developers Healthcare consumers appear not only to be raising their expectations of the quality of care they receive, but also in the privacy and security of their protected health information (PHI) as well. This is an important development for clinical laboratories and pathology groups, since they hold large quantities of patient test data. News reports indicate...

Top 10 Rankings of EHR Market Share Put Epic First as Hospitals, Physicians, and Clinical Laboratories Make Progress on Interoperability

In both the hospital market and the ambulatory market, Epic has the best-selling electronic health records system, according to data issued by ONCHIT Across the nation, clinical laboratories and pathology groups are busy interfacing their laboratory information (LIS) systems to the electronic health record (EHR) systems of their client hospitals and physicians. Yet, few lab managers know which EHR systems are dominating the market and which EHR systems are barely surviving. In fact, it can be...

Laboratory/Pathology Mergers & Acquisitions: Buyers Still Quite Interested

What is my lab worth? That’s the question every laboratory seller wants to know! Despite an economy in recession, laboratory buyers remain bullish on the financial fortunes of clinical laboratories and anatomic pathology companies. The lack of publicly-announced acquisitions during 2009 masks the fact that lots of conversations are happening between lab buyers and lab owners. Why such interest? On the buyer side, private equity companies and buyers are convinced that the demographics of...

Laboratory and Pathology Mergers & Acquisition Activity: How Recent Sales and The Current Economy Could Impact the Value of Your Lab

The economic downturn has certainly made a big difference in laboratory merger & acquisition (M&A) activity. While we saw record prices for clinical labs and pathology practices in 2008, pricing and demand have been tempered by the economic changes in 2009. But it’s not all bad news. If you’ve been holding off selling your lab, the wait could be over. But here’s a way to find out for sure. YOUR PRESENTER: Christopher Jahnle Christopher Jahnle Managing Director Haverford Healthcare...

Lab Acquisition Activity Stays Busy as Stanford and Carilion Negotiate with Buyers

With demand driving prices to record levels for clinical laboratory companies and anatomic pathology practices, merger and acquisition (M&A) activity in the lab industry continues to grow across the United States. Just two weeks ago, Sonic Healthcare, Ltd. announced that it was purchasing Clinical Laboratories of Hawaii, LLP for an estimated $121 million dollars. That sale is expected to be completed by the end of third quarter this year. (See Dark Daily, June 30, 2008) Still unannounced...