Clinical Laboratory Leaders Agree: Showing Value Is More Important than Ever as Healthcare Transitions Away from Fee-for Service Reimbursement

How medical laboratories can show value through process improvement methods and analytics will be among many key topics presented at the upcoming Lab Quality Confab conference Quality management is the clinical laboratory’s best strategy for surviving and thriving in this era of shrinking lab budgets, PAMA price cuts, and value-based payment. In fact, the actions laboratories take in the next few months will set the course for their path to clinical success and financial sustainability in 2020...

Are Payers Ganging up on Clinical Laboratories and Pathology Groups? Is this a Trend or Simply a Sign of Tougher Financial Times?

Medical laboratories today struggle to submit clean claims and be promptly and adequately reimbursed as health insurers institute burdensome requirements and audit more labs Across the nation, clinical laboratories and anatomic pathology groups of all sizes struggle to get payment for lab test claims. Veteran lab executives say they cannot remember any time in the past when medical laboratories were challenged on the front-end with getting lab test claims paid while also dealing on the...

California’s John Muir Health Closes Core Lab, Sells Its Clinical Laboratory Outreach and Reference Business to LabCorp

Laboratory Corporation of America gets 26 MuirLab Patient Service Centers (PSCs) in Northern California Another hospital system is exiting the clinical laboratory outreach business. John Muir Health in Walnut Creek, California, agreed on Tuesday to sell its MuirLab business to Laboratory Corporation of America (NYSE: LH) in Burlington, North Carolina. In the deal, LabCorp will take over and operate 26 MuirLab Patient Service Centers (PSCs) in parts of Northern California, including Contra...

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...

Calgary Laboratory Services Represents One Model of Regional Consolidation of Clinical Laboratories

DATELINE: Calgary, Alberta, Canada—When it comes to regional consolidation of clinical laboratory and pathology organizations, this city at the foot of the Canadian Rockies can assert a credible claim to have achieved one of the most comprehensive consolidation comprised of hospital laboratories, academic center laboratories, and anatomic pathology laboratories seen anywhere in the world. Officially, this unified multi-site medical laboratory organization is called Calgary Laboratory Services...
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