The business of enforcing federal health care fraud laws isn't as robust as it used to be. While revenues have remained pretty steady, return on investment (ROI) has been trending downward, providing … [Read more...]
SAFETY
Business Trends: Commercial Testing Companies ‘Sell’ Health Screenings
August 12, 2019
Several companies market an array of preventive tests directly to consumers. Are these companies and tests legit? What does the medical community have to say about such companies and advertising … [Read more...]
NEW PRODUCTS
The Dx Pipeline: A Roundup of the Month’s Key New Product Launches
August 9, 2019
A team led by Johns Hopkins Kimmel Cancer Center announced that it has developed a new test capable of determining whether patients with pancreatic cysts do or do not need surgery or further … [Read more...]
FDA
FDA Watch: Agency Issues New Guidance on Biotin Interference Testing
August 6, 2019
On June 13, the FDA issued a draft guidance explaining how makers of in vitro diagnostic devices (IVDs) should perform biotin interference testing and communicate testing results to labs, clinicians … [Read more...]
OIG OPINION
Is Your Billing Company Putting You At Compliance Risk?
August 5, 2019
By Sean McSweeney bio Does your orthopedic billing company charge a percentage of collections for their coding and billing? They might break out separate charges for statements or other … [Read more...]
DIAGNOSTIC DEALS
Diagnostic Deals: A Roundup of the Key Mergers, Acquisitions, Alliances, Licenses and Other Strategic Transactions From the Past Month
August 5, 2019
The strategic deal making pot continues to boil, despite the relative inactivity of the established market leaders like Quest, LabCorp and Abbott. Here's a look at the trends and major deals from late … [Read more...]
MARKETING
Dealing with Consumers: Using Patient Online Reviews to Boost Your Lab Business
July 28, 2019
Patients are making increasing use of physician rating and review sites to comment on their medical experiences the way diners do with restaurants. And as with restaurants, this can be a tremendous … [Read more...]
INDUSTRY BUZZ
FDA Watch: First Zika Assay Gets Green Light for Marketing
July 22, 2019
Over the past several years, the FDA has issued Emergency Use Authorization (EUA) for over a dozen different tests for Zika. But on May 23, 2019, the FDA did something it had never done before: It … [Read more...]
NEW PRODUCTS
The Dx Pipeline: A Roundup of the Month’s Key New Product Launches
July 15, 2019
Here's a summary of the key product launches from late May through the third week of June, 2019: NEWLY LAUNCHED PRODUCTS & SERVICES Company(ies) Product(s)/Service(s) Abbott Afinion … [Read more...]
REVENUES
DX Earnings Report: Lab Companies Continue to Grow but at a Slower Rate
July 8, 2019
The diagnostics industry got off to a so-so start with PAMA reimbursement cuts, a weak flu season relative to 2018 and currency translation slowing the pace of year-over-year revenue … [Read more...]
