Jan 28, 2010 | Laboratory Management and Operations, Laboratory News, Laboratory Pathology
Carilion Clinic and Novant Health will continue to own equity in the new clinical laboratory company It was big news in the clinical laboratory industry yesterday when Spectrum Laboratory Network of Greensboro, North Carolina announced a merger with Carilion Labs of Roanoke, Virginia. The combined enterprise will have annual revenue of approximately $300 million and immediately becomes one of the nation’s larger clinical laboratory companies. As announced by the parties involved, Carilion...
Jun 9, 2009 | Laboratory News, Laboratory Pathology
What is my lab worth? That’s the question every laboratory seller wants to know! Despite an economy in recession, laboratory buyers remain bullish on the financial fortunes of clinical laboratories and anatomic pathology companies. The lack of publicly-announced acquisitions during 2009 masks the fact that lots of conversations are happening between lab buyers and lab owners. Why such interest? On the buyer side, private equity companies and buyers are convinced that the demographics of...
