Mar 31, 2009 | Coding, Billing, and Collections, Laboratory Pathology, Management & Operations
Essential action area for clinical laboratory management and pathology management With the American economy in a tailspin, payers and patients want to delay or avoid payment for laboratory testing services. That is not good news for clinical labs and pathology groups. It means their billing and collection departments must perform at an even more productive level just to stay even! At the same time, during poor economic times, “cash is King!” Clinical laboratories and pathology...
Jan 20, 2009 | Laboratory News, Laboratory Pathology
If there is one healthcare trend that will be truly disruptive to pathologists, it is personalized medicine. The concept behind personalized medicine is simple: understand the genetic and metabolic differences unique to the individual patient. Then use this knowledge to tailor a custom program of therapy, including prescription drugs, that offers the maximum potential for success while minimizing possible side affects. Personalized medicine is closely linked to the emerging field of companion...
Oct 4, 2006 | Laboratory News, Laboratory Pathology
It was major news yesterday when the public learned that UnitedHealth Group Incorporated had awarded an exclusive, 10-year national contract for laboratory testing services to Laboratory Corporation of America. UnitedHealth is the nation’s second largest health insurance company, with approximately 26 million beneficiaries. LabCorp says it should see an additional $3 billion in revenue during the 10-year term of its pact with UnitedHealth. This new contract takes effect on January 1, 2007....
