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Genesis Outreach Lab Acquired by LabCorp

One more community hospital decides to exit lab outreach business and sell to a national lab

CEO SUMMARY: Sources say that Genesis Clinical Laboratory of Berwyn, Illinois, owned by McNeal Hospital, is being sold to Laboratory Corporation of America. Neither party has publicly acknowledged completion of the sale. It is the latest example of consolidation within the clinical lab industry. It is also another instance of a hospital selling its lab …

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