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Companies look to expand PCR testing for monkeypox
In light of a global monkeypox outbreak, lab companies and health officials are looking to expand PCR testing for the virus in the U.S., CNN reported May 30. -
Former lab CEO gets 2 years prison in $6.5M fraud case
Jae Lee, 51, former CEO of the now-defunct Northwest Physicians Laboratory in Bellevue, Wash., was sentenced to two years in prison and $7.6 million in restitution for a drug testing kickback scheme that cost the government more than $6.5 million, the Justice Department said May 27. -
6 Quest Diagnostics updates in last 60 days
Quest Diagnostics was named to a Becker's list of top places to work, plus five more updates on the lab company in the last 60 days: -
Texas lab fraud case expands to 24 defendants
Six Texas physicians were added to a lab testing kickback and false claims lawsuit that originally named 18 people, including four former healthcare executives, and two lab companies as defendants, the Justice Department said May 26. -
Meet the CEOs of 4 of the biggest lab companies
The biggest lab companies in the U.S. are some of the largest globally as well. -
Lab owner barred from CMS programs, fined $510K for kickback scheme
Rakesh Kothuru, 49, the majority owner of Laboratory Services of America, was sentenced to four months of house arrest plus $510,000 in forfeiture, restitution and fines over a kickback scheme, the Justice Department said May 19. -
PathGroup attracts private equity investment to fuel M&A, Texas expansion
PathGroup, one of the largest independent labs in the U.S., has formed an investment partnership with private equity firm GTCR. -
FDA approves 1st no-prescription COVID-19 test that also detects flu, RSV
The FDA approved a Labcorp COVID-19, flu and respiratory syncytial virus test for use without a prescription, the agency said May 16. -
Labcorp launches at-home diabetes risk test kit
Labcorp launched a first-of-its-kind, at-home diabetes risk testing kit. -
What scares, excites the president of Mayo Clinic Labs about diagnostics' future
Diagnostics has always been an important part of healthcare, but recent times have shined a brighter spotlight on it. William Morice II, MD, PhD, president of Mayo Clinic Laboratories, told Becker's there are exciting developments on the horizon as well as areas for concern. -
Physicians predict blood tests will revolutionize Alzheimer's disease treatment, Quest Diagnostics finds
A majority of physicians believe medicine is on the verge of groundbreaking new treatments for Alzheimer's disease, according to research from Quest Diagnostics. -
Labcorp acquires lab services from AtlantiCare
Labcorp and Atlantic City, N.J.-based AtlantiCare are expanding an existing long-term partnership. -
Invivoscribe ramping up molecular diagnostics with Japanese partnership
Cancer diagnostic company Invivoscribe is partnering with Japanese technology company Hitachi High-Tech. -
Fulgent Genetics opens lab, names 4 executive appointments
Genetic testing company Fulgent Genetics opened a next-generation sequencing lab in El Monte, Calif., and appointed or promoted four people across its leadership team. -
'The future of lab testing' is this West Virginia automated lab
South Charleston, W.Va.-based Thomas Memorial Hospital has opened a fully-automated lab, WSAZ reported May 3. -
New smartphone-powered lab-on-a-chip can handle liquid samples
A research team from Minneapolis-based University of Minnesota-Twin Cities has developed a lab-on-a-chip that uses a minimal number of moving parts and can be powered wirelessly by a smartphone, Technology Networks reported May 3. -
3 leaders recognized on 'Lab Excellence List'
Pharmaceutical and lab product maker Cardinal Health honored three lab leaders on its annual "Lab Excellence List," the company said April 27. -
Quest Diagnostics revenue down 4% in Q1 after drop in COVID-19 testing
Quest Diagnostics netted $2.61 billion in revenue for the first quarter of 2022, down 4 percent from the same period in 2021. -
Founders of Texas labs plead guilty in $300M fraud scheme
The founders of three medical labs in Texas pleaded guilty in a $300 million healthcare fraud scheme, the Justice Department said April 20. -
Mayo Clinic building $49M lab expansion
Rochester, Minn.-based Mayo Clinic began construction on a $49 million lab expansion, ABC affiliate KSTP reported April 19.
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