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To Stay Afloat, Dallas AP Group Cut Staff, Payroll

Early planning and federal funding also helped pathologists cut losses from COVID-19 pandemic

CEO SUMMARY: As early cases of COVID-19 spread in some states, pathologists at the 50-member ProPath group in Dallas prepared for a widespread outbreak by preserving cash and working with bankers and other advisors to apply for federal stimulus funding. Executives also furloughed pathologists and other staff temporarily before using federal funds to bring them back. Despite a 65% drop in …

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