News, Analysis, Trends, Management Innovations for
Clinical Laboratories and Pathology Groups

Hosted by Robert Michel

News, Analysis, Trends, Management Innovations for
Clinical Laboratories and Pathology Groups

Hosted by Robert Michel
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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…)

Sunquest Information Systems Acquired by Huntsman Gay Capital in $208 Million Deal

Clinical Laboratory and Pathology Customers Will See Few Changes Under New Ownership

Sunquest Information Systems, Inc., has a new owner. Earlier this month, an investment consortium led by Huntsman Gay Capital paid an estimated $208 million to acquire a 51% controlling interest in Sunquest, which is based in Tucson, Arizona. Sunquest’s previous owner, Vista Equity Partners, will retain the remaining 49% of Sunquest’s stock and continue as a minority owner.

Sunquest’s flagship product is a laboratory information system (LIS) that is used by many clinical laboratory companies and hospital/health system laboratories in the United States and a number of other countries. It also sells an anatomic pathology information system, as well as other health informatics software products. The company says it has 1,400 hospital and medical laboratory customers worldwide. (more…)

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