Medical Laboratories in Toronto Move Forward with Digital Pathology and Clinical Lab Consolidation

Dark Daily visits the anatomic pathology department and clinical laboratory at University Health Network DATELINE: Toronto, Ontario, Canada—Here in the downtown area of Ontario’s largest city is a healthcare organization known as University Health Network (UHN) that operates one of the province’s larger consolidated clinical laboratory organizations. In support of its hospitals, the UHN Laboratory provides an impressive menu of medical laboratory tests. In Canada, the United States, and other...

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....

MDS Sells its Canadian Lab Test Business, With Some Noteworthy “Nots”

In Canada, MDS, Inc. of Etobicoke, Ontario announced the sale of its remaining clinical laboratory businesses for a sales price of C$900 million (US$803 million). The buyer is Borealis Infrastructure Management Inc., part of the private equity group at the $41-billion Ontario Municipal Employees Retirement Board (OMERS). The sale was announced on September 7, 2006. In recent decades, MDS has been Canada’s largest operator of clinical laboratories. This sale represents a major shift in...
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