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LabCorp

September 11, 2023, Intelligence: Late-Breaking Lab News

Here’s another twist in the saga of Theranos, the defunct and discredited lab testing company. Consumers who received inaccurate results from Theranos’ blood tests may get some measure of justice. Walgreens Boot…

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Lab News Briefs: Labcorp, Tufts, Informa, HIMSS, Sanford, Fairview

Labcorp Buys Tufts’ Lab Outreach IN OUR LAST ISSUE, WE REPORTED THAT LABCORP HAD ACQUIRED the lab outreach services of two health systems in…

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Hospital Lab Outreach Selloffs Continue with Labcorp as Buyer

OVER THE LAST FEW MONTHS, Labcorp has shaken up the hospital laboratory market in the Pacific Northwest, particularly as it concerns lab outreach services. …

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Cyberattack Victims Sue Enzo Biochem and Labcorp

CEO SUMMARY: It’s the latest reminder that clinical laboratories and anatomic pathology groups are at risk for two threats. One threat is a cyberattack that shuts down a lab’s IT system while stealing patient data. The other threat involves lawsui…

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UnitedHealthcare’s Z-code Policy Starts on Aug. 1

CEO SUMMARY: UnitedHealthcare’s (UHC) response to the ever-growing number of unique genetic tests and the continuing growth in the volume of those claims is a new policy. Effective Aug. 1, UHC will require a Z-code with genetic test claims. This req…

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May 30, 2023, Intelligence: Late-Breaking Lab News

Hospital laboratory outreach programs continue to be acquisition targets for national laboratory companies. Earlier this month, Labcorp in Burlington, North Carolina, announce…

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Quest, Labcorp Both Report Growth in Base Lab Business

DURING THE LATEST QUARTERLY EARNINGS REPORTS from Quest Diagnostics and Labcorp, it was largely “same old, same old” as base business continues to improve post-pandemic, while C…

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Quest Acquires Lab Outreach from New York-Presbyterian

IT’S THE LATEST DEAL THAT AFFIRMS STATEMENTS by executives of the two largest national labs that hospital CEOs have a growing interest in selling their laboratory outreach businesses. Recently, Quest Diagnostics announced that it will take over the labor…

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IVD Firms Prepare for OTC, Home Test Market Expansion

CEO SUMMARY: With public interest in home testing growing, some IVD manufacturers are preparing to serve a fast-expanding market for over-the-counter and at-home tests. IVD firms are banking on the…

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Enzo Biochem’s Lab Business Sold to Labcorp for $146M

COMMERCIAL LABORATORY CONSOLIDATION CONTINUES, this time with news earlier this month that New York City-based Enzo Biochem agreed to sell its clinical laboratory business to Labcorp.  The deal points to the problem many clinical laboratori…

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