CEO SUMMARY: In a blockbuster deal valued at almost half a billion dollars, Labcorp will manage dozens of hospital labs in 10 states on behalf of Ascension Health, one of the biggest health systems in the country. Labcorp will also spend $400 million to acquire certain assets of Ascension’s outreach laboratory services. Labcorp’s CEO characterized […]
Labcorp to Buy Outreach, Manage Ascension Labs
It’s largest lab transaction in 50 years involving a major health system and a big commercial lab
- By Robert Michel
- > From the Volume XXIX, No. 3 - February 22, 2022 Issue
- Tags: Adam Schechter, arup laboratories, Ascension Health, clfs, Clinical Laboratory Fee Schedule, Covance, Franciscan Missionaries of Our Lady Health System, Genesis Clinical Laboratory, Great Resignation, Hospital CFO Report, LabCorp, Labcorp Drug Development, Mayo Clinical Laboratories, Medicare Part B, Mount Sinai Health System, North Memorial Health, PAMA, PeaceHealth, peacehealth laboratories, Protecting Access to Medicare Act of 2014, Quest Diagnostics, ran whitehead
