Laboratoryeconomics.com

Labcorp Completes Outreach Lab Deal With RWJBarnabas Health

WEBLabcorp has completed its acquisition of RWJBarnabas Health’s outreach laboratory business and select related assets (see LE, August 2022). RWJBarnabas …

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Quest To Acquire Summa Health’s Outreach Lab Business

WEBQuest Diagnostics (Secaucus, NJ) has agreed to acquire select assets of Summa Health’s (Akron, OH) clinical lab outreach business, which does business as …

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CAP Has “Serious Concerns” with UnitedHealthcare’s Z-Code Rollout

WEBThe College of American Pathologists (CAP) has sent a letter to Optum requesting a meeting to discuss its partnership with Palmetto GBA and …

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Quest To Buy Outreach Lab In Maine LABORATORY ECONOMiCS

WEBLaboratory Economics estimates that overall revenue for Northern Light Laboratory is between $10 million and $20 million per year. Northern Light Health has a …

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Quest Diagnostics Buys Assets From Bankrupt True Health

WEBTrue Health and its parent company THG Holdings have finalized a bankruptcy court-approved sale of their assets to Cleveland HeartLab, a subsidiary of …

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California Lab Owners Indicted For $214 Million Medicare Test Fraud

WEBMatias (dba Health Care Providers Lab) billed the Medicare program for $214 million of lab test claims between August 2018 and March 2022. This amount …

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Hospital Outreach Laboratory Database LABORATORY ECONOMiCS

WEBLaboratory Economics is offering a database of all 3,300+ U.S. hospitals with laboratory outreach programs. The database includes annual Medicare Part B fee-for-service …

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BioReference Labs Archives LABORATORY ECONOMiCS

WEBOn a combined basis, 20 publicly-traded labs reported a revenue decrease of 1.4% to $9.8 billion during the first six months of 2020 (after adjusting for acquisitions), according to …

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Medi-Cal Seeks Approval To Slash Lab Rates

WEBLabCorp received $10.3 million of Medi-Cal payments in 2019, up 16.6% from $8.8 million in 2018. The fastest-growing laboratory was Regents of the University …

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LABORATORY ECONOMiCS

WEBLaboratory Economics is the monthly business newsletter that gets behind the headlines and press releases. Our mission is to provide our subscribers with the independent …

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True Health Files For Chapter 11 Bankruptcy

WEBTrue Health Diagnostics (Frisco, TX) filed for Chapter 11 bankruptcy protection on July 30, blaming CMS’s suspension of its Medicare payments since May …

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Top 25 Independent Nursing Home Labs LABORATORY …

WEBG0471 is the billing code used exclusively for blood draws taken from nursing home and home health patients. On a consolidated basis, TridentUSA Health …

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Lab Acquisition Archives LABORATORY ECONOMiCS

WEBThe annual lab department budget at TM’s three hospitals is a combined $122 million, according to Medicare Hospital Cost Reports. Laboratory Economics …

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PathGroup Acquires Pathology Consultants in South Carolina

WEBPathGroup (Brentwood, TN) acquired Pathology Consultants Inc. (PCI-Greenville, SC) for an undisclosed sum in January. PCI operates a CAP-accredited …

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2021 LABORATORY ECONOMiCS

WEBNovember 2021. Agendia Seeks $75M From IPO. Final 2022 Medicare Physician Fee Schedule Cuts Pathology Rates By 4%. Versant Diagnostics Buys Two Pathology …

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Two Year Subscription Discount on Laboratory Economics Newsletter

WEBSave $100 on subscription to Laboratory Economics for the two-year discounted rate of $690. Subscription includes 24 monthly issues sent electronically plus access to all back …

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True Health Archives LABORATORY ECONOMiCS

WEBIn the seven-month period January 1 through July 31, 2018, True Health recorded revenue of $38.5 million, equal to an annual rate of $66 million, according to its …

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GE HEALTHCARE TO BUY CLARIENT FOR $580M Contents G

WEBGE HEALTHCARE TO BUY CLARIENT FOR $580M G E Healthcare (United Kingdom), a unit of General Electric, has agreed to buy Clarient Inc. (Aliso Viejo, CA) for …

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Subscribe to LABORATORY ECONOMiCS Newsletter

WEBAdd to cart. You can order Laboratory Economics for the yearly subscription rate of $395. Your subscription includes 12 monthly issues sent electronically plus access to all back …

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Fraud LABORATORY ECONOMiCS

WEBThe U.S. Department of Justice has indicted Imran Shams and Lourdes Navarro, both 63 and owners of Matias Clinical Laboratory (Baldwin Park, CA), for their …

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The .. natomic Pathology Market Forecast Trends 2012

WEBThe S natoic Patholog aret orecast Trends 01 The aborator conoics ifference The business of pathology is changing fast. Ongoing consolidation, pharmacogenomics,

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