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Profit Squeeze Pressures Specialty Laboratories

Growth in revenue & specimen volumes still not enough to generate net profits

CEO SUMMARY: Despite much success and milestones at Specialty Laboratories during the past 36 months, it has yet to achieve the most important goal of all: net profits. One reason is familiar to all laboratory administrators and pathologists: with its existing fixed overhead and cost structure, Specialty Labs’ key goal is to increase specimen volume […]

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