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The
Dark Report recent article from November 2, 2009 (Pages 2-6)
Catholic Health Initiatives Signs Pact with PAML
Goal
is to pursue hospital lab joint ventures
in multiple regional markets served by CHI hospitals
CEO
SUMMARY: In concept, it is a simple deal. Catholic
Health Initiatives (CHI), the nation’s second largest
Catholic health system, is taking a 25% equity position in Pathology
Associates Medical Laboratories (PAML). However, the consequences
may be significant. PAML now has an open door to develop laboratory
joint ventures with the 78 hospitals operated by CHI. It also
is positioned to become the primary esoteric
and reference testing partner for the CHI hospitals.
Read
full article (PDF)
PAML's "Magic Touch" with Hospital
Laboratory Joint Ventures
Commentary
and Opinion by R. Lewis Dark, The Dark Report
IMAGINE
FOR A MOMENT THAT ONE OF THE TWO BLOOD BROTHERS inked a deal:
1) to set up a series of hospital laboratory joint ventures with
a multi-billion health system that operated 50 to 100 hospitals
in 15 to 20 states; and, 2) to be a primary source of esoteric
and reference testing to all those hospitals.
Wouldn’t that be a major event among Wall Street analysts
and investors? I’ll bet it would. We would see a flood of
commentary praising the shrewd strategy of the blood brother executives
to partner upwith hospitals.There would be rosy projections about
increased specimens and revenue that would accrue
from sequentially establishing commercial lab/hospital lab joint
ventures in different markets—each done with the full support
of the parent health system.
Read
full article (PDF)
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