Apr 18, 2014 | Compliance, Legal, and Malpractice, Laboratory Management and Operations, Laboratory News, Laboratory Operations, Laboratory Pathology
This hospital industry sector is expected to achieve lower growth rates and less revenue and are likely to reduce operating budgets for medical laboratories Tough financial times are ahead for not-for-profit hospitals, according to the projections of multiple rating agencies. Financial analysts attribute this to an extended period of massive and disruptive change. This is not good news for hospital-based clinical laboratory managers and pathology groups. Big Three credit-rating agencies...
Jan 3, 2014 | Laboratory Hiring & Human Resources, Laboratory Management and Operations, Laboratory News, Laboratory Operations, Laboratory Pathology, Laboratory Sales and Marketing, Management & Operations
There’s more consolidation in the hospital marketplace as institutions look to build scale and offer a fuller menu of healthcare services Across the United States, multi-hospital health systems and stand-alone academic medical centers are looking for the right collaborations, alliances, and consolidation opportunities. This is happening because hospitals of all sizes and types recognize the need to be part of a comprehensive, integrated provider network in their region. This is a trend that...
Aug 22, 2011 | Laboratory Management and Operations, Laboratory Operations, Laboratory Pathology, Management & Operations
Poor rates of growth in hospital revenue and admissions is not good news for clinical laboratories During 2010, not-for-profit hospitals showed the lowest rate of growth in at least two decades, according to a report released by Moody’s Investors Service, a holding of Moody’s Corporation (NYSE: MCO). This may be an early sign that hospital laboratories will soon be asked to work with leaner budgets during the coming year. In its report, dated August 10, 2011, financial analysts at Moody’s...
