Stock Watch not good

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The Lab industry is getting ready for a Medicare reduction effective January 1st, 2013. It is going to impact us all. If Obama Care is not repealed, it will be much worse. These are just the facts, we all will have to live on less going forward. It will be harder to meet today's Quotas.
 






You way of doing business is about to change, new law or not....your current points of contact will have no control over the buying decision. You will be fighting over a much smaller pie...(already happening in Medical Devices)... Lab sales is poised for a paradigm shift...They will not need as many lab sales people and those that remain will need have a much different skill set and your targets will be of much greater consequence. This is both exiting and scary...but in that lies opportunity.
 












You all are as stupid as they come. This Thread is about LabCorp's stock drop. Not Romdick vs. Obamaschlong. So if you work for LabCrap, then get back to work and work twice as hard to raise my stock price and line DK's pockets.
 






FYI----LCA IS GOING DOWN DUE TO THE LW PURCHASE ON THE WEST!!!

KV and MA placed all the LW employees as managers and supervisors and have know idea what they're doing. IT"S EFFECTIVING EVERYTHING FROM COURIER ISSUES, ACCESSIONING ERRORS, IT , SALES, NO SALES !!! LCA IS GOING DOWN ON THE WEST!!!
 






Anonymous said:
FYI----LCA IS GOING DOWN DUE TO THE LW PURCHASE ON THE WEST!!!

KV and MA placed all the LW employees as managers and supervisors and have know idea what they're doing. IT"S EFFECTIVING EVERYTHING FROM COURIER ISSUES, ACCESSIONING ERRORS, IT , SALES, NO SALES !!! LCA IS GOING DOWN ON THE WEST!!!
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"Effectiving"? Seriously? If this is an example of the average education of LabCrap sales personnel, no wonder we've seen a huge drop in our volume in recent months...
 












Stock suffering a slow death and now down 20%. How long before you all wake up and your fearless leaders are gone with bankrolls built on micromanagement threatening tactics and the backbone of patient service center workers ? How long ?
 












Anonymous said:
FYI----LCA IS GOING DOWN DUE TO THE LW PURCHASE ON THE WEST!!!

KV and MA placed all the LW employees as managers and supervisors and have know idea what they're doing. IT"S EFFECTIVING EVERYTHING FROM COURIER ISSUES, ACCESSIONING ERRORS, IT , SALES, NO SALES !!! LCA IS GOING DOWN ON THE WEST!!!
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How so? It is not necessary to know what you are doing when you are being micromanaged and can't go to the restroom without a teleconference instructing you where, when and how.
 






Anonymous said:
Stock suffering a slow death and now down 20%. How long before you all wake up and your fearless leaders are gone with bankrolls built on micromanagement threatening tactics and the backbone of patient service center workers ? How long ?
Click to expand...

I don't think that most folks are snoozing. Unfortunately, the economy/job situation prevents most of them from jumping ship. Ten years ago, I would've been hard pressed to find anyone who wanted to leave LCA. It was a pretty good place to work. Fast forward ten years, and the story has been rewritten, and everyone wants to leave, but there's nowhere to go. Tragically, the "micromanagement... and threatening tactics" that you refer, have become the modern model for corporate America, ad infinitum. It's easy to threaten your employees and treat them with disdain when you know that there's virtually no chance of them leaving. It also affords management the distinct advantage of being able to eliminate perceived naysayers and troublemakers(code for those who are capable of independent thought and reasoning), and replace them with "yes-men" and "a**-kissers." I would like to think that someday the pendulum will swing back, and those in positions of power now, will, at some point, find out that karma is, indeed, a b****. Who knows? In the interim, it doesn't really do any good to crack on the grunts that keep the ship afloat. At this rate, though, there will soon come a point where the damage-control teams will no longer be able to keep up with torrents of idiocy and inadequate leadership that are pouring through the holes in this proverbial ship. Perhaps we should all don our life vests just in case.
 






Anonymous said:
I don't think that most folks are snoozing. Unfortunately, the economy/job situation prevents most of them from jumping ship. Ten years ago, I would've been hard pressed to find anyone who wanted to leave LCA. It was a pretty good place to work. Fast forward ten years, and the story has been rewritten, and everyone wants to leave, but there's nowhere to go. Tragically, the "micromanagement... and threatening tactics" that you refer, have become the modern model for corporate America, ad infinitum. It's easy to threaten your employees and treat them with disdain when you know that there's virtually no chance of them leaving. It also affords management the distinct advantage of being able to eliminate perceived naysayers and troublemakers(code for those who are capable of independent thought and reasoning), and replace them with "yes-men" and "a**-kissers." I would like to think that someday the pendulum will swing back, and those in positions of power now, will, at some point, find out that karma is, indeed, a b****. Who knows? In the interim, it doesn't really do any good to crack on the grunts that keep the ship afloat. At this rate, though, there will soon come a point where the damage-control teams will no longer be able to keep up with torrents of idiocy and inadequate leadership that are pouring through the holes in this proverbial ship. Perhaps we should all don our life vests just in case.
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Amen.
 






The best example of inept manager is the KAE manager in Los Angeles. Never works just sits and yells at her reps. Heard she ran off PW to Path, Inc. TB needs to figure out that AD needs to go.
 






Anonymous said:
FYI----LCA IS GOING DOWN DUE TO THE LW PURCHASE ON THE WEST!!!

KV and MA placed all the LW employees as managers and supervisors and have know idea what they're doing. IT"S EFFECTIVING EVERYTHING FROM COURIER ISSUES, ACCESSIONING ERRORS, IT , SALES, NO SALES !!! LCA IS GOING DOWN ON THE WEST!!!
Click to expand...

We will see. Errors are also because of underbidding on cheap capitated accounts, virtually, the only type of accounts left. In order to make margin, staff has to be cut to the bone and workload increased to make up for the decrease in staff. What follows should be predictable.
But as usual, it is the grunt who is blamed.
 






And all the while, Dave the King is grinning as he brunches with family this morning at the Country Club. Now back to work you whiners! And have you started your wellness programs yet? Hahaha
 






Anonymous said:
I don't think that most folks are snoozing. Unfortunately, the economy/job situation prevents most of them from jumping ship. Ten years ago, I would've been hard pressed to find anyone who wanted to leave LCA. It was a pretty good place to work. Fast forward ten years, and the story has been rewritten, and everyone wants to leave, but there's nowhere to go. Tragically, the "micromanagement... and threatening tactics" that you refer, have become the modern model for corporate America, ad infinitum. It's easy to threaten your employees and treat them with disdain when you know that there's virtually no chance of them leaving. It also affords management the distinct advantage of being able to eliminate perceived naysayers and troublemakers(code for those who are capable of independent thought and reasoning), and replace them with "yes-men" and "a**-kissers." I would like to think that someday the pendulum will swing back, and those in positions of power now, will, at some point, find out that karma is, indeed, a b****. Who knows? In the interim, it doesn't really do any good to crack on the grunts that keep the ship afloat. At this rate, though, there will soon come a point where the damage-control teams will no longer be able to keep up with torrents of idiocy and inadequate leadership that are pouring through the holes in this proverbial ship. Perhaps we should all don our life vests just in case.
Click to expand...

I left a couple of years ago. Didn't like the direction the company was going. No longer about caring for the patients. All about bottom line. Top management consists of liars, thieves and cronies. If the job market was better there would be no talent left in this once great company. Kinda reminds me of our nation, once great but now run by liars and thieves.
 






Anonymous said:
I left a couple of years ago. Didn't like the direction the company was going. No longer about caring for the patients. All about bottom line. Top management consists of liars, thieves and cronies. If the job market was better there would be no talent left in this once great company. Kinda reminds me of our nation, once great but now run by liars and thieves.
Click to expand...

Indeed! Alas, the lying, thievery and cronyism extend well beyond/below top management. Employees have no input, owing mainly to the fact that those in management, with very, very few exceptions; have all of the knowledge and answers. There are still some managers who do a great job of protecting their employees from all of the extraneous fecal matter that flows downhill. It's a wonder that they have managed to hang on this long. You're correct about the bottom line. Of course, the knuckleheads in charge continue to formulate and initiate inane policies and procedures that have no purpose other than to give the appearance that they REALLY do have some function and purpose for which they should receive remuneration. Meanwhile, the "bottom line" continues to shrink(seen the stock price lately?) because so much business has been lost. It's sad to see how much the company has deteriorated, in every aspect. The parallel to the deterioration of our nation is, indeed, an accurate one. Greed, greed and more greed, accompanied by lies, theft and moral turpitude. In the words of a great Marine, "Shame, shame, shame!"(Gomer Pyle, PFC, USMC)
 












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