lab acquisition Archives - The Dark Intelligence Group

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lab acquisition

LabCorp to Acquire Iowa’s Metropolitan Medical Lab

By Joseph Burns | From the Volume XXVI No. 4 – March 18, 2019 Issue

CEO SUMMARY: Without making an announcement, LabCorp said it would acquire the Metropolitan Medical Laboratory, a privately-held laboratory founded in 1914 in Davenport, Iowa. The local newspaper reported that some 136 employees from Metro Medical’s laboratory operations in Moline, Ill….

PAMA Price Cuts Reduce Revenue at LabCorp, Quest

By Joseph Burns | From the Volume XXVI No. 3 – February 25, 2019 Issue

This story was updated from the original on March 27, 2019, and includes corrected information in three places. CEO SUMMARY: In their respective earnings reports for the fourth quarter and the full year of 2018, executives at both Laboratory Corporation of America and Quest Diagno…

PAMA Price Cuts Reduce Revenue at Two National Labs

By Mary Van Doren | From the Volume XXVI No. 3 – February 25, 2019 Issue

This is an excerpt from a 1,500-word article in the Feb. 25, 2019 issue of THE DARK REPORT. The full article is available to members of The Dark Intelligence Group. CEO SUMMARY: In their respective earnings reports for the fourth quarter and the full year of 2018, executives at both La…

Boyce & Bynum Sells to Quest Diagnostics

By Joseph Burns | From the Volume XXV No. 18 – December 24, 2018 Issue

CEO SUMMARY: With the year end approaching, lab buyers and sellers are working to finalize deals that may have been in discussion for months. The first big lab acquisition for this season came on Nov. 27, when Quest Diagnostics announced it was acquiring Boyce and Bynum Pathology Laborato…

December 3, 2018 Intelligence: Late Breaking Lab News

By Robert Michel | From the Volume XXV No. 17 – December 3, 2018 Issue

Another long-established regional laboratory company is about to be acquired. On November 27, Boyce and Bynum Pathology Laboratories of Columbia, Mo., disclosed that it had entered an agreement to be acquired by Quest Diagnostics Inc. Notably, the press release abou…

Sale of Tox Lab Company Attracted Multiple Buyers

By Joseph Burns | From the Volume XXV No. 4 – March 5, 2018 Issue

CEO SUMMARY: In the midst of expanding their toxicology testing services nationally, DrugScan and DSI Medical Services (collectively Toxicology Holdings Inc.) hired a brokerage firm last year to pursue a sale of the two toxicology companies. Multiple potential buyers responded with intere…

Lab Acquisitions: LabCorp, Quest, Sonic Do Hospital Lab Deals

By R. Lewis Dark | From the Volume XXIV No. 4 – March 13, 2017 Issue

This is an excerpt from a 1,021-word article in the March 13, 2017, issue of THE DARK REPORT. The complete article is available for a limited time to all readers, and available at all times to paid members of the Dark Intelligence Group. CEO SUMMARY: …

Accumen Acquires Chi To Beef Up Lab Consulting

By Joseph Burns | From the Volume XXIII No. 5 – April 11, 2016 Issue

CEO SUMMARY: Two different business models of clinical laboratory consulting have now been brought together. Chi consultants have long focused on analytics and improving outreach performance, among other areas of lab performance. By contrast, Accumen’s business model is nontradition…

A Pantheon of Greatest Lab Physician-Businessmen

By R. Lewis Dark | From the Volume XXIII No. 4 – March 21, 2016 Issue

WHEN IT COMES TO THE CLINICAL LABORATORY BUSINESS, generally included in the lab industry’s Pantheon of Greatest Physician (Pathologist) Businessmen are Paul A. Brown, MD, and James B. Powell, MD. I’d like to nominate another physician to this list: Marc D. Grodman, MD. During the 1970s and 1980…

LabCorp Now Larger than Quest, Two Labs Report 2015 Earnings

By Robert Michel | From the Volume XXIII No. 3 – February 29, 2016 Issue

IN RECENT WEEKS, the nation’s two largest lab companies reported fourth quarter and full-year earnings for 2015. The earnings reports reveal how the paths of the two companies are diverging. The companies are diverging because of a major acquisition made in February 2015, by Laboratory Cor…

Volume XXVII No. 10 – July 13, 2020

IS POOLED TESTING the answer to COVID-19 testing shortages? Yes and no. THE DARK REPORT analyzes the pros and cons of this suddenly-popular old idea, with experts from across the industry offering their input. Also in this issue is the case for why local labs should be getting more testing supplies, and how the government has damaged the supply chain.

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