Tag Archives: Direct-to-Consumer Lab Testing

CMS fines, cuts off testing at Theranos, bans Holmes

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CMS fines, cuts off testing at Theranos, bans Holmes

goodbye

The other shoe has dropped for Theranos. Late Thursday night, the embattled diagnostics company disclosed that it is officially being sanctioned by the Centers for Medicare and Medicaid Services.

In a press release issued at 11:35 p.m. Eastern time, the wounded unicorn said CMS has moved to revoke the CLIA certificate for Theranos’ laboratory in Newark, California. Company executives — mainly founder and CEO Elizabeth Holmes — will be barred from owning, operating or directing a clinical lab for two years once the sanctions take effect 60 days from now.

Walgreens terminates partnership with Theranos

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http://www.beckershospitalreview.com/hospital-management-administration/walgreens-terminates-partnership-with-theranos.html

Walgreens Theranos

http://www.npr.org/sections/thetwo-way/2016/06/13/481888422/walgreens-cuts-ties-with-blood-test-company-theranos

Theranos strikes deal with Capital BlueCross, lands on East Coast

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http://www.healthcarefinancenews.com/news/theranos-strikes-deal-capital-bluecross-lands-east-coast?mkt_tok=3RkMMJWWfF9wsRohuq3KZKXonjHpfsX57u4rUa6zlMI%2F0ER3fOvrPUfGjI4GSsBqI%2BSLDwEYGJlv6SgFQ7LHMbpszbgPUhM%3D

The testing company that could upend America's diagnostics market will partner with Capital BlueCross in Harrisburg, Pennsylvania, to bring the company's new direct-to-consumer blood testing options to the insurer's 1.3 million members.

The diagnostics disruptor and an insurer of a 1.3 million are taking affordable lab tests directly to patients.

Theranos CEO props up testing model at AHIP, targets states blocking access

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http://www.healthcarefinancenews.com/news/theranos-ceo-props-testing-model-ahip-targets-states-blocking-access?utm_source=linkedin_grp&utm_medium=social&utm_campaign=editorial

Theranos Chairman, CEO and Founder Elizabeth Holmes (L) and TechCrunch Writer and Moderator Jonathan Shieber speak onstage at TechCrunch Disrupt at Pier 48 on September 8, 2014 in San Francisco, California. (Photo by Steve Jennings/Getty Images for TechCrunch via <a href="https://www.flickr.com/photos/techcrunch/14995888227">flickr</a>)

Entrepreneur claims direct-to-consumer laboratory testing and price transparency are an integral piece of health reform.