Path-Inc Purchase?

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Are you drunk on the koolaid ? Oh, I get it. In your mind pass thru and medicaid fraud does not count on the shady side. Stop the false self righteousness and tell us what you are really afraid of. Job duplication? Losing your job? Working with a former foe?
 






Anonymous said:
Heard rumors that we're in the final talks to purchase Path-Inc based out of Torrance, Ca.
Don't let their sales numbers fool you. Another shady lab that plays dirty. (i.e. providing speculums, spiral brushes, IOP's, etc...) Once we make the purchase the OB's will switch back to another lab that provides that same stuff. We were purchased two years ago and look how many of those accounts are still around? Not too many. Corporate needs to take a look at how Path-Inc got those sales numbers before any decisions are made. Another foolish purchased by LCA. Catch a whiff corporate...this one smells.
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Can anyone verify this? It's not public knowledge (yet), so is this rumor or inside information? LC is sure buying a lot of labs lately, so I'm not surprised.
 






























Anonymous said:
Can anyone verify this? It's not public knowledge (yet), so is this rumor or inside information? LC is sure buying a lot of labs lately, so I'm not surprised.
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Yes, and she gave herself away in the process. Her nastiness couldn't help herself. She had to let the cat out of the bag. I'll bet LC loves her for this one. ...Still passing out cheese crumbs in the conference room??
 






Anonymous said:
Slanderous liar.You are either a liar or you don't know what you are talking about. The pathologist who owned the lab is well known throughout California. Bio Diagnostics Laboraories was a full service lab, doing both clinical and A/P testing.He and his friends started it from scratch. In the year 2000. Lab Corp purchased the clinical side of Bio Diagnostics. The pathologists refused to sell the anatomical pathology part of the business to Lab Corp. and changed the name from Bio Diagnostics to Path Inc. In fact, Lab Corp shared the same lab space and address with Path Inc. A few years ago, the Pathologist sold Path Inc to investors and Lab Corp responded by ending their relationship, closing the Torrance Lab that they shared and relocating some of the techs to the Monrovia lab. In fact, I got from a very good authority that 3 of the managers at Monrovia, the lab manager, cyto supvr and the stat lab manager worked with this pathology group in Torrance.. So what the hell are you referring to and why do you care? Labcorp finally gets what it wanted.

So what is it that you are really afraid of.
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Not a trace of slander here, and why walk us through the chronology of this machination when those who already know don’t care, and those who don’t probably care less. Really, who cares aside from the equity holders who will win big from this flip? Certainly not the pawns.

This is exactly the endpoint Pathinc wanted when they started their reconstruction. It’s really in the realm of finance, more so than healthcare. Financiers of small, non-public niche or routine laboratories understand the acquisition trend over the past 2 decades continue to spike towards their favor.

So yes. Part of my response was jealousy over the fact that I’m not an equity holder in this deal and my exasperation of how easily Labcorp is lured into these schemes.

You did not however respond to my main Lloyd Bentson-like point of Pathinic not being a Dianon (Pathinc would be the Dan Quayle).
 






Anonymous said:
Not a trace of slander here, and why walk us through the chronology of this machination when those who already know don’t care, and those who don’t probably care less. Really, who cares aside from the equity holders who will win big from this flip? Certainly not the pawns.

This is exactly the endpoint Pathinc wanted when they started their reconstruction. It’s really in the realm of finance, more so than healthcare. Financiers of small, non-public niche or routine laboratories understand the acquisition trend over the past 2 decades continue to spike towards their favor.

So yes. Part of my response was jealousy over the fact that I’m not an equity holder in this deal and my exasperation of how easily Labcorp is lured into these schemes.

You did not however respond to my main Lloyd Bentson-like point of Pathinic not being a Dianon (Pathinc would be the Dan Quayle).
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Let's keep it real. You sound more like Quayle. Who cares about Dianon? It went the same way the rest of LC's acquisitions went.... Eliminated competition. Path Inc, however, is in the present where history is always essential for obvious reasons. Especially when you make excuses for yourself by lying on others. Now put on your big girl shoes and recognize that there is nothing wrong with flipping a business to make a profit, especially if that is your goal. It is an option in any business plan. It's the American way....Capitalism at play.

Btw, you never answered this question: What are you really scared of? Getting punked by LCA when Path Inc takes over?
 












Anonymous said:
Let's keep it real. You sound more like Quayle. Who cares about Dianon? It went the same way the rest of LC's acquisitions went.... Eliminated competition. Path Inc, however, is in the present where history is always essential for obvious reasons. Especially when you make excuses for yourself by lying on others. Now put on your big girl shoes and recognize that there is nothing wrong with flipping a business to make a profit, especially if that is your goal. It is an option in any business plan. It's the American way....Capitalism at play.

Btw, you never answered this question: What are you really scared of? Getting punked by LCA when Path Inc takes over?
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Your response is a mess, but I’ll try to work with it.

“Let's keep it real. You sound more like Quayle.”

First of all, get your own material.

“Who cares about Dianon?”

Keep up with the thread. I didn’t say I care about Dianon; only the comparison with Pathinc.

“It went the same way the rest of LC's acquisitions went …”

Yes, they all did not go well for Labcorp or the acquired labs.

“Path Inc, however, is in the present where history is alwiays essential for obvious reasons.”

Wow. Deep. Now tell me what the hell you were trying to communicate.

“Especially when you make excuses for yourself by lying on others.”

You mean lying ABOUT others? I’ve been specific in my two posts, so tell me specifically who I’m lying about.

“Now put on your big girl shoes and recognize that there is nothing wrong with flipping a business to make a profit, especially if that is your goal”

Re-read the post carefully. Again you seem to be off topic. I already said I have no issue with flipping a lab and in fact said I was jealous of the equity holders.

“Btw, you never answered this question: What are you really scared of?

That’s because it was a juvenile question. I’m not “scared” of anything little Timmy. I always have a concern of any acquisition by Labcorp since I’m a stockholder. I’ve seen some bad moves from the officers lately.

“Getting punked by LCA when Path Inc takes over?”

Grow up. No one is getting punked. Pathinc isn’t taking over. No lab Labcorp acquires takes over. If I was a Labcorp employee I would assume Pathinc’s employees would have more to worry about.
 






Here we go again with the unbelievable lies.How many stories are you going to tell?First you said you were jealous. Now you say that you are not an employee, but you are a concerned LCA investor worried about the value of your stock. So that is why you used this board. to reveal inside information to the public. But it is a nobel cause. You want to save labcorp from Path Inc. Don't make me laugh. Labcorp is just dong what it does, and if history is to repeat itself, anything can happen, including a deal to put Path Inc into the driver's seat. LC is only loyal to one thing.... the bottom line.

Questioning your fear was meant to sound juvy because it fits with your objections. We know that you work for LCA and you have a big mouth. How is that working out for you?
 






Anonymous said:
Let's keep it real. You sound more like Quayle. Who cares about Dianon? It went the same way the rest of LC's acquisitions went.... Eliminated competition. Path Inc, however, is in the present where history is always essential for obvious reasons. Especially when you make excuses for yourself by lying on others. Now put on your big girl shoes and recognize that there is nothing wrong with flipping a business to make a profit, especially if that is your goal. It is an option in any business plan. It's the American way....Capitalism at play.

Btw, you never answered this question: What are you really scared of? Getting punked by LCA when Path Inc takes over?
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Who cares about Dianon? (different poster here). That makes anything you post virtually invalid, how any company could ruin that opportunity is mind blowing.

Going to take big cash for Dr. L to bail on that place, he already consults for numerous other labs and half his staff work with other Universities (two places to get more biz). They were really shady 10-12 years ago but we all were, not many rules until Impath and US Labs hit the radar due to revenues.

Purchased or not, does not seem to be very impactful in the market, would seem to benefit anyone who competes with Path, Inc.
 






Anonymous said:
Here we go again with the unbelievable lies.How many stories are you going to tell?First you said you were jealous. Now you say that you are not an employee, but you are a concerned LCA investor worried about the value of your stock. So that is why you used this board. to reveal inside information to the public. But it is a nobel cause. You want to save labcorp from Path Inc. Don't make me laugh. Labcorp is just dong what it does, and if history is to repeat itself, anything can happen, including a deal to put Path Inc into the driver's seat. LC is only loyal to one thing.... the bottom line.

Questioning your fear was meant to sound juvy because it fits with your objections. We know that you work for LCA and you have a big mouth. How is that working out for you?
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Hey Little Fella. Put the Juice Box down and re-read my responses carefully. You can move your lips if it helps your reading comprehension.

“First you said you were jealous.”

Yes, I said if anything I was jealous of the architects of this deal; jealous of the officers of Pathinc or the equity holders that will have a big pay day when this deal is complete.

“Now you say that you are not an employee, but you are a concerned LCA investor worried about the value of your stock.”

“Now?” When did I ever say I was an employee of Labcorp, and how why would you think not being a Labcorp employee and a concerned LCA investor or jealous of equity holders are mutually exclusive?

“So that is why you used this board. to reveal inside information to the public.”

You’re either losing it or never had the ability to reason or comprehend anything that was written in my post. What inside information am I revealing? That Pathinc is a crappy little lab and shouldn’t be compared to Dianon?

“You want to save labcorp from Path Inc. Don't make me laugh.”

(Sigh) I repeat myself less when talking to my 5-year old nephew. No, I’m only concerned about bad acquisitions. A potential bad Pathinc acquisition will not ruin Labcorp, but as an investor it’s prudent to scrutinize and have an opinion on acquisitions.

“. Labcorp is just dong what it does, and if history is to repeat itself, anything can happen, including a deal to put Path Inc into the driver's seat. LC”

Really? You’re sticking by your “Pathinc takes over the world” theory? Pathinc or any other crappy little labs Labcorp acquires will never take over. They will never even keep their brand, their autonomy, their officers or pathologists. You sound like you know very little about the M/A landscape of the clin lab industry or even how the business of this industry works.

“LC is only loyal to one thing.... the bottom line.”

Wrong! It’s a safe and familiar quip, but LC is also committed to the top line. Some acquisition are a way to realize top line revenue with the strategy of increasing its bottom line.

“We know that you work for LCA and you have a big mouth. How is that working out for you?”

You are so far off the trail Columbo, but I’m OK with that.
 






Anonymous said:
Hey Little Fella. Put the Juice Box down and re-read my responses carefully. You can move your lips if it helps your reading comprehension.

“First you said you were jealous.”

Yes, I said if anything I was jealous of the architects of this deal; jealous of the officers of Pathinc or the equity holders that will have a big pay day when this deal is complete.

“Now you say that you are not an employee, but you are a concerned LCA investor worried about the value of your stock.”

“Now?” When did I ever say I was an employee of Labcorp, and how why would you think not being a Labcorp employee and a concerned LCA investor or jealous of equity holders are mutually exclusive?

“So that is why you used this board. to reveal inside information to the public.”

You’re either losing it or never had the ability to reason or comprehend anything that was written in my post. What inside information am I revealing? That Pathinc is a crappy little lab and shouldn’t be compared to Dianon?

“You want to save labcorp from Path Inc. Don't make me laugh.”

(Sigh) I repeat myself less when talking to my 5-year old nephew. No, I’m only concerned about bad acquisitions. A potential bad Pathinc acquisition will not ruin Labcorp, but as an investor it’s prudent to scrutinize and have an opinion on acquisitions.

“. Labcorp is just dong what it does, and if history is to repeat itself, anything can happen, including a deal to put Path Inc into the driver's seat. LC”

Really? You’re sticking by your “Pathinc takes over the world” theory? Pathinc or any other crappy little labs Labcorp acquires will never take over. They will never even keep their brand, their autonomy, their officers or pathologists. You sound like you know very little about the M/A landscape of the clin lab industry or even how the business of this industry works.

“LC is only loyal to one thing.... the bottom line.”

Wrong! It’s a safe and familiar quip, but LC is also committed to the top line. Some acquisition are a way to realize top line revenue with the strategy of increasing its bottom line.

“We know that you work for LCA and you have a big mouth. How is that working out for you?”

You are so far off the trail Columbo, but I’m OK with that.
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Yeah, Rightl We are all anonymous here., but....
"'Methinks thou doth protest too much,' cause it just ain't that serious.Where did you get your MBA? Out of a Cracker Jack box? Anybody in this business with half a brain knows better.LC's business model is to expand by acquisition. There are all sorts of reasons to buy a company. No one wants to buy a buster. LC will make a profit by any means necessary. Profits trump people, a deal is a deal and business is business. Wall Street loves it.

Btw, thanks for the heads up on the Path Inc buyout.It IS a top of the line lab and the people there made it so.
 






Anonymous said:
Yeah, Rightl We are all anonymous here., but....
"'Methinks thou doth protest too much,' cause it just ain't that serious.Where did you get your MBA? Out of a Cracker Jack box? Anybody in this business with half a brain knows better.LC's business model is to expand by acquisition. There are all sorts of reasons to buy a company. No one wants to buy a buster. LC will make a profit by any means necessary. Profits trump people, a deal is a deal and business is business. Wall Street loves it.

Btw, thanks for the heads up on the Path Inc buyout.It IS a top of the line lab and the people there made it so.
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"'Methinks thou doth protest too much,'

Uhg …That makes no sense Junior. The only thing I’m protesting is that a crappy lab like Pathinc should not compared to Dianon. A Shakespearian insult in the wrong context makes menowthink you know neither clinical lab nor literature.

“cause it just ain't that serious.”

Oh. I see. Suddenly all seriousness is gone. This, coming from one who proclaims a small, local lab with little outreach beyond CA is going to take over a national lab with a 9 billion dollar market cap. My bad.

“Anybody in this business with half a brain knows better. LC's business model is to expand by acquisition.”

This has been playing out over the past 15 years and the fact that you have to reiterate this tells me you’re a hack. “A deal is a deal; business is business …” You’re a child parroting adult language.

“Btw, thanks for the heads up on the Path Inc buyout.”

Anyone who can discern syntax and writing styles knows I’m not the original author of this thread. My first comment was about the inappropriate Dianon/Pathinc analogy. Since you’re a great defender of Pathinc I’m assuming you work there (I’m guessing a first year account manager) and are probably the one “in the know.” A bit ironic since you have called me the liar.

“It IS a top of the line lab and the people there made it so.”

Okeydokey. Go get ‘em Tiger.
 






Anonymous said:
"'Methinks thou doth protest too much,'

Uhg …That makes no sense Junior. The only thing I’m protesting is that a crappy lab like Pathinc should not compared to Dianon. A Shakespearian insult in the wrong context makes menowthink you know neither clinical lab nor literature.

“cause it just ain't that serious.”

Oh. I see. Suddenly all seriousness is gone. This, coming from one who proclaims a small, local lab with little outreach beyond CA is going to take over a national lab with a 9 billion dollar market cap. My bad.

“Anybody in this business with half a brain knows better. LC's business model is to expand by acquisition.”

This has been playing out over the past 15 years and the fact that you have to reiterate this tells me you’re a hack. “A deal is a deal; business is business …” You’re a child parroting adult language.

“Btw, thanks for the heads up on the Path Inc buyout.”

Anyone who can discern syntax and writing styles knows I’m not the original author of this thread. My first comment was about the inappropriate Dianon/Pathinc analogy. Since you’re a great defender of Pathinc I’m assuming you work there (I’m guessing a first year account manager) and are probably the one “in the know.” A bit ironic since you have called me the liar.

“It IS a top of the line lab and the people there made it so.”

Okeydokey. Go get ‘em Tiger.
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Ay buddy, get a grip. You are a barrel of laughs, but you are clowning your self. If you had been reading the other threads and were as smart as you think you are, you would have grasped the sarcasm in.... Business is business.... I wasn't the one who made the analogy even though it was a good one, cleaver little syntax analyzer. Try keeping YOUR posters straight. It might be a good idea to go back and read some of the other threads. You will learn that it is a good analogy because all the acquisitions end up sharing the same fate. no matter what lab is purchased. Furthermore, I never mentioned if I worked for Path Inc or not. LC does expand through acquisitions and managed care contracts. I am reiterating it to a hack who belabors the obvious but somehow cannot connect the dots. You sales jerks are just a bunch of glorified babysitters. Your brown nosing overpaid managers only care about one thing...not getting rifed. I am assuming that it was one of those little frighten brown nosers who let the cat out of the bag. A sales rep would react differently. Like jumping ship, taking as many clients as he could with him.
 






Anonymous said:
Ay buddy, get a grip. You are a barrel of laughs, but you are clowning your self. If you had been reading the other threads and were as smart as you think you are, you would have grasped the sarcasm in.... Business is business.... I wasn't the one who made the analogy even though it was a good one, cleaver little syntax analyzer. Try keeping YOUR posters straight. It might be a good idea to go back and read some of the other threads. You will learn that it is a good analogy because all the acquisitions end up sharing the same fate. no matter what lab is purchased. Furthermore, I never mentioned if I worked for Path Inc or not. LC does expand through acquisitions and managed care contracts. I am reiterating it to a hack who belabors the obvious but somehow cannot connect the dots. You sales jerks are just a bunch of glorified babysitters. Your brown nosing overpaid managers only care about one thing...not getting rifed. I am assuming that it was one of those little frighten brown nosers who let the cat out of the bag. A sales rep would react differently. Like jumping ship, taking as many clients as he could with him.
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“I wasn't the one who made the analogy even though it was a good one, cleaver little syntax analyzer. Try keeping YOUR posters straight.”

Dumb people are exhausting. Once again, reading comprehension has failed you. I never said you were the poster who made the analogy. That really wouldn’t make much sense, since you have been arguing that Pathinc, or as the author put it “another Dianon mistake,” would NOT be a mistake. Maybe you have a problem with “context.” I’m really trying to understand why you are struggling so much.

Re-read – no, don’t. Have an adult re-read my response to you. I only mentioned the Dianon analogy as a reference point; a place where I entered the thread, and not being the author (as you suggested) of the thread itself.

“You will learn that it is a good analogy”

Dianon was a good a/p lab; a leader in its space at the time. LabCorp acquired them to fill a service void; to strengthen their cancer diagnostics. Dianon and US Labs together are now Integrated Oncology, which is arguably one of the leaders in the cancer dx space. On the other hand, Pathinc would be acquired to capture market share, since growing organically in the national lab space over the past few years has been difficult due to the numerous trends against the physician market. Labcorp has made a couple of bad acquisitions of small labs lately (IMHO). All acquisitions are not the same. The assertion that the Pathinc acquisition would be another Dianon mistake is a false analogy. Not untrue that they will also handle the assimilation badly, but the comparison is false.

“Furthermore, I never mentioned if I worked for Path Inc or not.”

I never mentioned that you mentioned… Here is what I said:

“Since you’re a great defender of Pathinc I’m assuming you work there (I’m guessing a first year account manager)”

I assumed, I guessed…I never accused you of mentioning it. It’s all there if you just take some time to actually read and comprehend.
 






Anonymous said:
“I wasn't the one who made the analogy even though it was a good one, cleaver little syntax analyzer. Try keeping YOUR posters straight.”

Dumb people are exhausting. Once again, reading comprehension has failed you. I never said you were the poster who made the analogy. That really wouldn’t make much sense, since you have been arguing that Pathinc, or as the author put it “another Dianon mistake,” would NOT be a mistake. Maybe you have a problem with “context.” I’m really trying to understand why you are struggling so much.

Re-read – no, don’t. Have an adult re-read my response to you. I only mentioned the Dianon analogy as a reference point; a place where I entered the thread, and not being the author (as you suggested) of the thread itself.

“You will learn that it is a good analogy”

Dianon was a good a/p lab; a leader in its space at the time. LabCorp acquired them to fill a service void; to strengthen their cancer diagnostics. Dianon and US Labs together are now Integrated Oncology, which is arguably one of the leaders in the cancer dx space. On the other hand, Pathinc would be acquired to capture market share, since growing organically in the national lab space over the past few years has been difficult due to the numerous trends against the physician market. Labcorp has made a couple of bad acquisitions of small labs lately (IMHO). All acquisitions are not the same. The assertion that the Pathinc acquisition would be another Dianon mistake is a false analogy. Not untrue that they will also handle the assimilation badly, but the comparison is false.

I can't tell if you are an idiot sales rep. or LC manager. All of you lie so easily, it is like breathing for you. Imply one thing and deny you said it? Make up a story and defend it like you are an authority when you are NOT. You are so full of shyt. US Labs?? Don't you mean Genzyme Genetics and US Labs? The labs that morphed into Integrated Genetics/Oncology and were closed in Los Angeles and Irvine and moved and/or will move to Arizona? The major reason for an acquisition is to increase market share. Eating all of your competition doesn't make you the best. It means that anti-trust laws are not being enforced and the FTC is not on its job. Hate to burst your bubble there is nothing exceptional about Dianon and oncology except in your mind.It was a business and still is back east. I have changed my mind. You must be the Quest troll coming here to start rumors about Path Inc.

Now what is this rumor going around about Quest in negotiations to buy Pathlab Services Inc. in Pasadena? Will that work for you?
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