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Bankruptcy at Universal Standard Brings End to Detroit Laboratory

Company tried to blend clinical lab tests with managed care management services

ANOTHER OF THE EARLY 1990’S wunderkind laboratory companies is now defunct. On August 13, Universal Standard Healthcare, Inc. (UHCI) filed a Chapter 7 Bankruptcy action in federal court and ceased business operations. Headquartered in Southfield, Michigan, Universal Standard was one of a handful of clinical laboratories that went public in the early 1990s. It used …

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