Bigger Labs Have Always Coveted Hospital Testing

LabCorp’s PathLab acquisition opens new chapter in efforts to woo hospitals

CEO SUMMARY: For almost two decades, the nation’s largest laboratory companies have, for all intents and purposes, been “locked out” of the market of hospital inpatient lab testing. Executives at commercial labs have long viewed hospital inpatient lab testing as an untapped market. PathLab was successful at operating collaborative lab ventures with hospitals and LabCorp

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