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...]
EARNINGS REPORTS
DX Earnings Report: Lab Companies Finish 2018 Strong but Growth Slows for Established Firms
March 4, 2019
The diagnostics industry capped a robust 2018 with most companies posting strong fourth quarter results. Of course, every silver lining has a cloud. While widespread, gains were smaller than in 2017, … [Read more...]
PRECISION MEDICINE
Market Trends: Lab-Retail Collaboration Remains Strong Despite Theranos Debacle
January 21, 2019
The Theranos debacle hasn't dissuaded retailers from partnering with labs. LabCorp & Walgreens Walgreens, Theranos's ex-retail partner, has moved on and entered into an agreement with another … [Read more...]
INDUSTRY BUZZ
Earnings Report: Top Payers Announce Q3 Earnings
January 7, 2019
The country's five largest commercial payers posted strong results for the third quarter of fiscal year 2018: COMPANY QUARTERLY REVENUES PERFORMANCE Total Q3* 2018 YOY Wall … [Read more...]
CUSTOMER SERVICE
Lab Leaders Have New Opportunities in the Age of Consumerism
October 30, 2018
The G2 Power Panel provided attendees at the 36th annual Lab Institute (Oct. 24-26; Washington, D.C.) an opportunity to learn how some of the nation's leading laboratories are navigating the current … [Read more...]
REVENUES
DX Earnings Report: Q2 Lab Earnings Stay Strong but Not Quite at Q1 Levels
September 4, 2018
Q2 is shaping up to be another strong quarter—albeit not as stellar as Q1. Salient trends: Big labs continue posting impressive organic growth even as they enjoy the surge of new revenues from … [Read more...]
SPECIAL FOCUS
Cost Avoidance vs Cost Savings: What’s the Difference?
August 31, 2018
By Jennifer Dawson, MHA, DLM (ASCP) bio As I work to spread awareness within the clinical laboratory community about the Cost of Poor Quality (COPQ) concept and its benefits as a method to … [Read more...]
EARNINGS
How to Avoid a Laboratory Audit
August 20, 2018
By Sean McSweeney bio Laboratory audits have a much harder impact on your lab than intended. As detailed by the NCBI, the audit's intent is to review and assess laboratory performance to … [Read more...]
PAMA
PAMA Unlocks Golden Age for Innovative Diagnostics
July 30, 2018
By Chance Scott bio The publication of the 2018 Clinical Laboratory Fee Schedule (CLFS) in January saw a long and heated debate within the lab community come to fruition. When Congress … [Read more...]
REVENUES
DX Earnings Report: PAMA Cuts Make Little Dent on Q1 Lab Earnings
July 23, 2018
One quarter into its existence, the new PAMA Medicare Part B fee schedule seems to be having only a marginal impact on at least publicly traded labs. In fact, the recently published Q1 earnings … [Read more...]
