Public Laboratory Companies Continue To Generate Strong Rates of Growth
CALENDAR 2000 was a banner year for all public laboratory and pathology companies in the United States. Virtually every company reported double-digit growth in annual revenues.
The new twist in the lab marketplace is the arrival of national lab companies offering anatomic pathology services. Their impressive financial performance demonstrates that office-based physicians are willing to refer anatomic pathology specimens to out-of-town labs if they perceive the service to be better.
During 2001, the financial performance of public lab companies has continued along the trends established in 1999 and 2000.