INVESTMENTS

Inside the Lab Industry: Silicon Valley Bank Reports Steady 2016 Dx Investments, Declining Exits

Investments in the diagnostics and tools (Dx/Tools) sector remained steady in 2016, according to Silicon Valley Bank's annual report, Trends in Healthcare Investments and Exits 2017. The report's … [Read more...]

NEWS

The 6 Things Labs Need to Know About the Trump Travel Ban

Although the first Trump travel ban didn't survive, a new version is already in the works. Although we don't yet know the details, the expectation is that the new travel ban will look a whole lot like … [Read more...]

NEWS

Industry Newsmaker: Veracyte, Inc. Scores Big with Percepta and Affirma GEC

Veracyte, Inc. is a leader in developing noninvasive genomic diagnostic tests for lung cancer. And in February, Veracyte's share of this lucrative market grew significantly. Percepta Gets Thumbs Up … [Read more...]

INDUSTRY BUZZ

Arizona Fraud Suit Opens New Front in the Legal War against Theranos

The Arizona Attorney General's Office (AGO) recently issued a request for proposal signaling a new legal battle for Theranos: state consumer fraud lawsuits. The AGO indicated in its request that it … [Read more...]

REIMBURSEMENT

Update on Palmetto’s Molecular Dx Testing LCDs

Advanced diagnostic tests are emerging faster than the clinicians can document their clinical utility. All of this creates an interesting dilemma for payors as far as coverage is concerned. Normally … [Read more...]

LCDs

Palmetto Latest Medicare Contractor to Loosen Up on Covering Molecular Dx Testing

Advanced diagnostic tests are emerging faster than the clinicians can document their clinical utility. All of this creates an interesting dilemma for payors as far as coverage is concerned. Normally … [Read more...]

PRECISION MEDICINE

Quest Diagnostics Unveils a Pair of Personalized Medicine Blockbusters

Public support for personalized and precision medicine (PM) is running ahead of the health care industry's plans to develop and implement PM-based clinical strategies. At least that is the … [Read more...]

REIMBURSEMENT

OIG Report: Total Medicare Lab Test Payments in 2015 Same as in 2014

Medicare Part B paid $7 billion for lab tests in 2015, the same amount it shelled out in 2014. But 2015 Medicare payments for the top 25 lab tests dipped slightly to $4.1 billion, as compared to $4.2 … [Read more...]

EARNINGS

Publicly-Traded Esoteric Labs Are Off to Good Start in 2016

As personalized medicine continues to gain traction in the United States, the publicly-traded esoteric laboratories continue to chug along, posting strong growth numbers, even as some have yet to … [Read more...]

EARNINGS

Publicly-Traded Esoteric Laboratories Posted Big Revenue Gains for First Half of 2016

As personalized medicine continues to gain traction in the United States, the publicly-traded esoteric laboratories continue to chug along, with most reporting significantly higher revenue for the … [Read more...]


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