California’s Lab Market To Undergo More Change

Rumors of potential acquisitions are a sign of continuing financial challenges in that state

CEO SUMMARY: Every laboratory in California continues to operate in a financially-punishing environment. Further shake-outs must occur as the economic forces unleashed by managed care take their toll on clinical laboratories. Expect radical changes to occur within the next 12 months.

RUMORS OF A DEAL BETWEEN Laboratory Corporation of America and Unilab, Inc. have no substance,

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