Apr 17, 2009 | Laboratory News, Laboratory Pathology
Bundled Payment Demonstration Project Changes How Labs Would Be Paid
Efforts in the nation’s capital to reform healthcare are still in the formative stage as the new President and the new Congress consider various approaches. Meanwhile, the Centers for Medicare & Medicaid Services (CMS) started the new year by launching pilots for a bundled-service payment scheme. Not only may this be the beginning of the end of the fee-for-service payment system, but it has important implications for clinical laboratories and anatomic pathology groups.
The bundled payment system demonstration projects are a first step to what’s coming next. The Medicare Payment Advisory Commission, better known as MedPAC , released its blueprint for reforming the delivery system to Congress on March 17 in its annual Report to the Congress: Medicare Payment Policy.
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Apr 15, 2009 | Laboratory Pathology, Management & Operations
When Roche Holding AG (RO) of Basel, Switzerland, announced last month that it had an agreement to buy Genentech Inc. (DNA) of South San Francisco, California, it was big news. Roche had pursued the innovative drug maker since July with the primary goal of gaining access to the drugs in Genentech’s pipeline.
On March 11, Roche got the support of Genentech’s board to pay $95 per share to buy the 44% of the company it doesn’t already own. One intriguing reason why Genentech was so attractive to Roche is that the California company has a line of products and biomarkers that fit almost seamlessly with what Roche already offers, including Herceptin, HER2/neu assays, and biomarkers useful for both companies.
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Apr 14, 2009 | Laboratory Management and Operations, Laboratory Pathology
First-ever Gathering of Lab CFOs, Controllers to take place on April 28-29, 2009
News that the number of hospital jobs in the United States fell for the first time since June 2004 reveals several useful insights for clinical laboratory managers and pathologists. The U.S. Bureau of Labor Statistics reported that, for March 2008, the number of hospital jobs declined by 700, against a total hospital workforce of 4.71 million.
This small decline-less than one-tenth of one percent-demonstrates that demand for hospital services continues to be relatively resistant to economic declines. However, other Labor Bureau statistics highlight a darker picture for the long-term fortunes of hospitals. The entire healthcare sector picked up a net increase of 16,500 jobs, with most of this coming from the ambulatory services sector. For example, physicians’ offices added a net of 3,200 workers. By contrast, the overall U.S. economy shed 663,000 jobs in March, with the national unemployment rate ending the month at 8.5%.
As reflected in these numbers for March, hospital employment declined by a tick while overall employment in healthcare increased in spite of the economic recession. This illustrates two fundamental trends in healthcare. First, demand for health services during this recession remains robust enough that hospitals continue to need almost all their workers. Second, growth in outpatient demand for services continues to outstrip growth in demand for inpatient services.
To understand the implications of these trends on clinical laboratories and pathology laboratories, the first-ever national gathering of laboratory CFOs (chief financial officers), controllers, and financial experts is taking place in New Orleans on April 28-29, 2009 at the Executive War College on Laboratory and Pathology Management. This unique session will be led by Kurt Rogers, CFO of Pathology Associates Medical Laboratories (PAML) of Spokane, Washington. Access the full agenda with this agenda link.
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Apr 13, 2009 | Laboratory News, Laboratory Pathology
Recent consensus sets stage for further progress with universal patient health records (PHRs)
Efforts to advance use of a universal electronic patient health record (PHR) got a boost recently. The creation of a Nationwide Health Information Network (NHIN) moved closer to reality with announcement of consensus among more than 100 stakeholders on guidelines for ensuring consumer-friendly features, operational efficiencies, privacy, and security.
Connecting for Health, a public-private collaboration of health sector organizations and technology innovators, developed a common framework for building a network of networks. The framework provides specific technology, practice and policy approaches for consumers to securely obtain copies of their personal health records (PHRs) from various provider sources that support an online PHR service. Once stored on services like GoogleHealth or Healthvault, PHRs can be instantly shared with trusted health providers.
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Apr 10, 2009 | Digital Pathology, Instruments & Equipment, Laboratory Instruments & Laboratory Equipment, Laboratory News, Laboratory Operations, Laboratory Pathology
New diagnostic and treatment approach will require close interaction with Pathologists
There’s a novel diagnostic device designed to detect sepsis that also has to potential to engage the pathologist as part of the bedside care team. It is also an example of how nanotechnology and magnetism are being combined in ways that may support in vivo diagnosis and treatment.
Created by a research scientist at Children’s Hospital Boston, this new device uses magnetism to quickly pull disease pathogens out of infected blood. Experts predict it could become the first line of defense for sepsis, a disease which kills about 200,000 Americans each year.
The system works by drawing the patient’s blood and adding tiny magnetic beads, pre-coated with antibodies against specific pathogens, such as Candida albicans. The blood is run through a microfluidic system in which two liquid flow streams run side by side without mixing. One channel contains blood and the other contains a saline-based collection fluid. The beads bind to the pathogens. A magnet then pulls them, along with the pathogens, into the collection fluid. The collection fluid is ultimately discarded, and the cleansed blood reintroduced into the patient.
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