PAML Has New Owner as Catholic Health Initiatives Buys a Stake

Deal with Providence Health gives PAML access to 78 CHI hospitals in 20 states Yesterday it was announced that Pathology Associates Medical Laboratories (PAML) of Spokane, Washington, has a new equity partner. In a joint release, Catholic Health Initiatives (CHI) and Providence Health & Services acknowledged a “definitive agreement in which CHI will assume a 25% equity position” in PAML. This is a significant development in the laboratory testing industry. It provides PAML with easier...
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