Esoteric Anatomic Pathology Testing Is Goal of New Pact between PAML and CellNetix

Agreement calls for both parties to collaborate in offering esoteric and reference anatomic pathology services nationally

It is an effort to align their clinical laboratory and anatomic pathology  services to the evolving needs of hospitals, physicians and other providers. To achieve this goal, two laboratory organizations in the Pacific Northwest finalized months of negotiations and inked an agreement that involves an equity investment and the creation of a new esoteric anatomic pathology collaboration.

Yesterday, PAML, LLC, of Spokane, Washington, and CellNetix, based in Seattle, Washington, announced that PAML had completed a minority investment in the technical laboratory business division owned by CellNetix. The two companies also stated that they entered into an agreement to work together to form a “jointly owned national Esoteric Anatomic Pathology reference laboratory offering.” (more…)

American Pathology Partners Announces Acquisition of Laboratory Assets of Palm Beach Pathology

This is APP’s third acquisition of an anatomic pathology laboratory since 2008

Earlier today, it was announced that American Pathology Partners had acquired the anatomic pathology laboratory assets of Palm Beach Pathology, the private pathology practice located in West Palm Beach, Florida. No purchase price was disclosed.

Consistent with its business model, American Pathology Partners (APP) purchased the pathology laboratory owned and operated by Palm Beach Pathology, along with its staff and associated assets, such as courier cars and sales representatives. The six partner pathologists of Palm Beach Pathology continue to own 100% of their professional corporation. (more…)