Rumors Link Quest Diagnostics and Sonic Healthcare in Some Type of Deal

Healthscope bids also fuel speculation of a big clinical pathology transaction Last week in Australia, investment insiders shared rumors that Quest Diagnostics Incorporated (NYSE: DGX) was interested in acquiring Sonic Healthcare Ltd. (ASX: SHL). However, press stories discounted the possibility of a deal between these two billion-dollar clinical pathology laboratory behemoths. Neither company has issued a public statement addressing this issue. In assessing the possibility of Quest...

Boutique Medicine Venture Generates Marketing Intelligence for Procter & Gamble

Consumer products giant acquires 100% ownership of concierge medicine company Clinical laboratories and pathology groups may soon be serving physician practices owned by Procter & Gamble (P&G) (NYSE:PG). That’s because the consumer products giant now owns 100% of MDVIP, a nationwide concierge practice of 350 doctors in 28 states. The deal is noteworthy because it further expands Procter & Gamble’s presence in healthcare. In 2006, P&G invested $325 million in a joint venture...

Sonic Healthcare Enters New England with Latest Clinical Laboratory Acquisition

Agreement to acquire East Side Clinical Laboratory is a reminder that Sonic remains an active buyer of clinical laboratories It’s another clinical lab acquisition and a new regional market for Sonic Healthcare Limited (ASX:SHL). Yesterday the Australian-based lab company established a beachhead in New England when it acquired East Side Clinical Laboratory, based in Providence, Rhode Island. East Side is the third laboratory acquisition that Sonic Healthcare made during 2009. Sonic officials...

Health System Sells Centrex Clinical Laboratories to LabCorp

Consolidation continues in the lab testing sector that serves physicians’ offices Last week it was disclosed that the health system which owns Centrex Clinical Laboratories, Inc. is selling its laboratory testing business to Laboratory Corporation of America (NYSE: LH ). Faxton-St. Luke’s Healthcare stated that it expected the transaction would be finalized by the end of the year. Several times in recent years, Faxton-St. Luke’s Healthcare shopped Centrex Clinical Labs to interested buyers....

Your New Resource for Everything Useful in Lab and Pathology Management

With this first Dark Daily briefing, we have launched a new resource for laboratory administrators, pathologists, practice administrators, and anyone working in the laboratory industry. Dark Daily’s goal is to provide you with useful information that helps you better manage your laboratory, as well as develop your own effectiveness. Each quick-to-read, incisive briefing will give you valuable insights. Some days we may cover breaking news that affects you and your laboratory...
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