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Public Labs’ Year-End Earnings Demonstrate Continued Growth

Lab acquisitions boost two blood brothers, Bio-Reference and LabOne post solid numbers

BECAUSE OF ACQUISITIONS, there remain only four public laboratory companies which do substantial business in testing referred by physicians’ offices. As public companies, their quarterly financial reports provide useful insights into the competitive marketplace for lab testing services. That is true of the year-end financial reports for both Quest Diagnostics Incorporated and Laboratory Corporation of America. …

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