CEO of a major lab speculates only 2 labs are going to survive

[WEBB PINKERTON]

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The countdown to November continues..... Watch Doomsday preppers on national geographic channel. Be prepared to find a new career...


http://thehill.com/blogs/congress-b...tions-threaten-future-of-medical-testing-labs

 

[pathstudent]

The countdown to November continues..... Watch Doomsday preppers on national geographic channel. Be prepared to find a new career...


http://thehill.com/blogs/congress-b...tions-threaten-future-of-medical-testing-labs

But this is all just for outpatient blood work. Who cares. It has been commodotized to beyond light bulbs and eggs. A sodium is a sodium is a sodium. If they can produce a sodium faster and cheaper than anyone else, the federal governemt should use them as much as possible. Moreover, there are closed systems like Kaiser and University systems that do their own outpatient work. Those will survive at least for the foreseeable future.

 

[member0007]

But this is all just for outpatient blood work. Who cares. It has been commodotized to beyond light bulbs and eggs. A sodium is a sodium is a sodium. If they can produce a sodium faster and cheaper than anyone else, the federal governemt should use them as much as possible. Moreover, there are closed systems like Kaiser and University systems that do their own outpatient work. Those will survive at least for the foreseeable future.

I just read some lawsuit where a sales guy was claiming a return on accounts ad infinitum and felt gypped when the lab stopped their payments to him. It was in the millions of dollars per year. I don't blame him but seriously makes you question the ethics of payments and supporting some of these big labs. For those of you out there kicking yourself for going into medicine, sales can be lucrative.