Jan 6, 2010 | Laboratory Management and Operations, Laboratory News, Laboratory Pathology, Management & Operations
PathGroup of Nashville raises $100 million; OncoDiagnostic Laboratory is acquired For the business of anatomic pathology, the new year got off to a fast start with two different deals announced yesterday. The biggest transaction was major capital infusion at PathGroup, Inc., one of the nation’s regional pathology supergroups. The other transaction was the acquisition of a pathology group practice in Cleveland, Ohio, by Predictive Biosciences, Inc., of Lexington, Massachusetts. Yesterday,...
Mar 9, 2007 | Laboratory Hiring & Human Resources, Laboratory News, Laboratory Pathology
Physicians continue to migrate toward larger group practice settings. Consolidation of physician group practices continues, although the pathology specialty seems to be resisting this trend. The American Medical Association reported in 2005 that about 40% of physician groups had 3 or 4 physicians, but those groups employed only about 11% of all group-practice positions. Conversely, only 1.4% of these groups had 100 or more doctors, but they represented almost 32% of the 247,000 physicians in...