Quest and Labcorp in trouble?
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Good thing we purchased Liposcience it will ensure we have a differentiator 
Good thing we purchased Liposcience it will ensure we have a differentiator
Lipo < .1 % of revenue to LH will save the day? HAAAAAAA HAAAAAA HAAAAAAA
Posted this a while ago. Is the testing accurate is the question?
It will be years before something like this takes hold. Why would I patient with insurance not go to their doctor? New technology will continue to be developed. This does not concern me at all.
This is media propaganda.
Rich FR's making money off of pumping a stock.
There is a nice article about the "experience" which including two SST's being drawn.
This company is ALL BS
Rich FR's making money off of pumping a stock.
There is a nice article about the "experience" which including two SST's being drawn.
This company is ALL BS
Please stop with Theranos talk. They are not a threat. Can you say 23 and me? They do blood draws and send it to their reference lab. Nothing revolutionary about that. 25 percent of their tests require a blood draw and not a finger prick. They are secretive about their lab developed tests. No physician will trust sending patients there. Plus everyone knows physicians profit from lab work.
It should, when you have to start paying for your lab test with the unaffordable care act you can get a lipid panel chemistry and CBC under $20. In lipid panel is nine dollars. This could be the end of client Bill to physicians and patients can get cheaper rates they can simply go to thernos and pay even less
That would be a blessing in my territory. They can have my client bill. It's nothing but a pain in the ass. Clients switch back and forth over 25 cents! This will never happen. Not any time soon.
Don't be so short-sighted. With people paying more out of pocket due to Obamacare, the will be looking for ways to save money. And, if Theranos can do a test for $10.00 vs you for $50.00+, why wouldn't Medicare lower reimbursements even more. I for one am going to use them for my next blood draw!!
If you work for LabCorp or Quest you get your labs for free.
Well have fun. Hope you dont have any serious lab work done there. Do you trust this company? I sure don't.
Most overhyped company I have ever seen. Very few doctors are going to send patients there. Remember, DOCTORS profit from lab work. They aren't going to want that to end.
I should give my home address. I watched a UTube video and now know how to preform brain surgery in my basement.
You are comparing Theranos founder to a YouTube viewer? Read before you type such crap. This woman is highly educated and attended Stanford. Theranos is a real threat with the right science at the right time when government is looking to reduce costs.
#1 focus is Diabetes because of cost, right? Blood work-ups today to Dx this disease costs hundreds of dollars. Theranos brings it in under $40......
Theranos is a game changer. Update your CV buddy.
Theranos is interesting for sure. They have the ability to take the fee for service business if they can do what they say they can do. The pricing isn't that big of a difference really. They only do Microsoft based reporting as I understand it. The two hour turn around time any lab could do on most tests, it's the travel time to get the specimen to a testing site you have to get around. Any lab can do test add on's. Their test menu is limited, and what they don't perform is sent to I believe Quest. Are they drawing regular tubes for these specimens? Laboratories aren't the reason patient's don't get a copy of their results in California. There is a reason only one location has been opened in California. Every year around this time you hear a bunch of great things about Theranos and how everyone should beware, you read an interview in the WSJ with the CEO, or see an interview on Fox news with the CEO. But if you look at their website the same open positions have been posted for over a year, and if you provide your email for updates you haven't received anything. There was big publicity about a job fair in San Diego a few months ago. The CEO is saying the same thing as last year, she is vague and not discussing when the product will make it to market nation wide. It's been eleven years in the making now. The Board of Directors reads like a who's who of Washington politics and well connected people. Not one medical doctor on the board. It would be interesting for someone to bring something to market that is patient oriented and brings real value to physicians making medical decisions for less cost and more timely. It's time to stop threatening LabCorp and Quest and stop making it about your competition and bring the darn product to market. Put up or shut up!
Theranos is in Arizona. 40 Walgreens in the Phoenix area are now doing draws. The new AZ lab location has been selected and construction has started. Hiring like crazy!!!! Yes, it will be slow setting up all around the country but this woman is a billionaire and has deep pockets!! LOL
"read"? This is old news. If you worry about every new technology out there you will drive yourself crazy. Get up in the morning with short term goals. Don't worry about the future beyond a couple of years. If I was in my twenties and had the mind set that lab is where a want to be then I may watch this. patients will continue to go to their doctor and not head to Walgrens for testing! Has a small lab ever tried to open a PSC in your market? The docs tend to stick with the big boys and the patients never use these small labs. She is obviously a super star and far brighter then me BUT I'm not losing sleep over this. That's my point.
Here is a patient's experience there. Nothing revolutionary going on. Dr's order, venous draw, sent to a lab.... Am I missing something? What is different?
http://decibio.com/blog/theranos-small-sample-big-opportunity/
http://decibio.com/blog/theranos-small-sample-big-opportunity/
Best post in years. Thank you for taking the time to break it down. Without a doctor on their board says something....