Diagnostic Deals

Inside the Lab Industry: Reimbursement Cuts & Payor Denials Belie Industry’s Steady Growth 

The worldwide market for clinical laboratory services has grown 2.9% per year since 2010 with an estimated value of $121.5 billion in 2019. And over the next five years that growth is expected to … [Read more...]


Inside the Industry: Government Report Casts Doubt on Cost-Effectiveness of Leading Genetic Colorectal Cancer Screening Test

Few of the newfangled consumer genetic testing products have had greater commercial success and visibility than Exact Science's Cologuard colorectal cancer screening test. But a troubling new … [Read more...]


Dealing with Consumers: Using Patient Online Reviews to Boost Your Lab Business

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...]


Inside the Lab: Communication, Leadership & Managing Amid Change

Greek philosopher Heraclitus said the only thing constant is change. Although he never managed a diagnostic lab, his words certainly apply to the lab environment. The Case for Transparency Change is … [Read more...]


When Your Lab Has to Work through a Weather Emergency

By Dan Scungio, MT (ASCP), SLS, CQA (ASQ)  bio I read a written Laboratory Emergency Management Plan, and at the end of the document there was a short section called "Planning for Home and … [Read more...]


Investment Trends: Dx/Tools Venture Capital Keeps Flowing Despite Decline in Early-Stage Investment

Continuing a four-year trend, total U.S. venture capital investment in health care surged in 2018, reaching a new all-time high of $9.6 billion, according to Silicon Valley Bank's (SVB) Trends in … [Read more...]


Inside the Lab Industry: 5.1% Growth Expected to Lift Lab Automation Market to $5 Billion by 2022

Projected compound annual growth of 5.1% will take the lab automation market from its current $4.06 billion (2017) to $5.20 billion by 2022. The Study This is the finding of a new study on the lab … [Read more...]


New Broad All-Payor Kickback Law Impacting Laboratories, Commission-based Compensation and more

By Danielle Sloane bio and Chris Climo bio In a recent piece of federal legislation intended to address the opioid crisis across the United States, Congress enacted a new all-payor kickback … [Read more...]


Case Studies: Lessons for Labs from the Memorial Sloan Kettering & Paige.AI Alliance

What began as an alliance benefiting both parties has turned into a controversy that has tainted the reputation of one of the nation's top research hospitals. Here's a quick recap of the story of … [Read more...]


Q&A on Lab Waste Management

By Dan Scungio, MT (ASCP), SLS, CQA (ASQ)  bio Understanding the proper separation and disposal of the various waste types generated in the lab setting is an important piece of managing the … [Read more...]