Aarkstore Enterprise-clinical Laboratory Testing Volume 2: Business Strategies

Table of Contents :

Table of Contents :

1. Overview 5

1.1 Objectives of the Report 5

1.2 Methodology 6

1.3 Scope of the Report 7

1.4 Executive Summary 8

2. IVD Clinical Laboratory Market 10

2.1 Introduction 10

2.2 Key Players for Independent Clinical Labs 11

2.3 Medical Expenditures 12

2.4 Medicare Clinical Lab Services Spending Trends 14

3. The Clinical Laboratory Testing Market 17

3.1 U.S. Market 17

3.1.1 Hospital-based Clinical Laboratories 19

3.1.2 Commercial Clinical Laboratory Testing 20

3.1.3 Physician Office Laboratories (POLs) 21

3.2 Clinical Lab Testing Key Players 24

3.2.1 Commercial Clinical Labs 24

3.2.2 Hospital Lab Collaborative Ventures 25

3.2.3 Specialty Labs 26

3.3 Revenue and Reimbursement 27

3.4 Outlook for Clinical Laboratory Testing 30

3.4.1 Long-term Changes 30

3.4.2 Market Drivers 31

3.4.3 Barriers to Successful Clinical Laboratory Operations 32

3.4.4 Key Technologies 35

3.4.5 Conclusion 36

4. Hot Sectors in the Clinical Lab Testing Market 37

4.1 Workplace Drugs-of-Abuse Testing 37

4.2 Clinical Toxicology 38

4.3 Clinical Testing for the Pharmaceutical Industry 38

4.4 Heavy Metal, Trace Element, and Solvent Analyses 38

4.5 Diabetes (Glucose) Testing 39

4.6 Molecular Diagnostic Testing 39

4.7 Cardiac Markers 39

4.8 Blood Bank Screening 39

4.9 Genetic Testing 39

4.10 Predictive Medicine Testing 40

4.11 Personalized Medicine 42

4.12 Cancer Testing 42

4.13 Cell-based Cancer Testing 43

4.14 Monitoring Technologies 43

4.15 Anatomic Pathology 44

5. Important Technology Trends 45

5.1 Technology Platform Innovations in Point-of-Care Testing 45

5.2 The New Paradigm 45

5.3 Consolidated Workstations 45

5.4 Automation in the Laboratory 47

5.5 Laboratory Information Systems 48

5.6 New User-friendly Interface 49

5.7 Data-Management Issues 49

5.7.1 Wireless LANs 50

5.7.2 Data and Workflow Management Systems 50

5.7.3 Beckman Central Command 51

5.7.4 Clinical IT More Widely Available in Physician Practices 51

5.7.5 Physician Electronic Health Records (EHRs) 52

5.7.6 Specimen Tracking and Processing 53

6. Business Trends in the Clinical Laboratory Testing Sector 54

6.1 Key Developments 54

6.2 Sector Consolidation 54

6.3 Acquisition Pricing 54

6.4 A Closer Look at Recent Lab Deals 55

6.5 Acquisition, License Agreements, Internal Development and Partnerships 55

6.6 Merger, Acquisition, Financing and Partnering Activities in the Clinical Lab Industry 56

6.7 Comparison of Quest and LabCorp 58

6.7.1 Acquisitions 58

6.7.2 Quests Growth 58

6.7.3 Laboratory Corporation of America 58

6.7.4 LabCorps Growth 59

6.7.5 Competitive Advantages of National Labs like Quest and LabCorp 60

6.7.6 National Managed Care Companies 60

6.7.7 Billing and Collection Management 63

6.7.8 Lower Reagent and Supply Costs 63

6.7.9 Esoteric Testing Capabilities 63

6.7.10 Ability to Invest in Web-based Connectivity Solutions 64

6.7.11 Competitive Disadvantages of Quest and LabCorp 64

6.7.12 Difficulties with Turnaround Times and Stat Services 64

6.7.13 Physician-Laboratory Communication 64

6.7.14 Specimen Pickup Scheduling Inflexibility 64

6.8 Regulation of Clinical Laboratory Operations 65

6.8.1 CLIA and State Regulations 66

6.8.2 Drug Testing 66

6.8.3 Controlled Substances 66

6.8.4 Medical Waste, Hazardous Waste and Radioactive Materials 67

6.8.5 FDA 67

For more information please contact :

http://www.aarkstore.com/reports/Clinical-Laboratory-Testing-Volume-2-Business-Strategies-1206.html

http://blogs.aarkstore.com/

From:Aarkstore Enterprise

Contact: Neel

Email: press@aarkstore.com

http://www.aarkstore.com

by:Aarkstore Enterprise

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