Where’s The Write-down ? LabCorp Faces Key Decision

LabCorp still has not followed the example of competing labs in writing down goodwill

CEO SUMMARY: Commercial laboratories are recognizing declines in the market value of their assets. LabCorp has yet to do the same. Taken cumulatively, these write-downs demonstrate the sizable revenue erosion that large commercial laboratories experienced during the past three years. Soon it will be LabCorp’s turn to address this issue.

MORE THAN $550 MILLION of clinical

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