Consolidated Med Labs Prepares To Close Down

Long-standing lab joint venture will cease operations on Thursday, June 1

CEO SUMMARY: One of the clinical lab industry’s most successful for-profit joint ventures will close its doors after 20 years of operation. The demise of Consolidated Medical Laboratories again demonstrates how difficult it is to overcome the different political agendas of hospital partners. Strong financial performance is frequently not enough to motivate hospital administrators to

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