XIFIN Acquired by Private Equity Firm

XIFIN, the San Diego-based laboratory finance, billing, and consulting company, has been purchased by a private equity firm that will likely underwrite its continued expansion. Chicago-based GTCR … [Read more...]

LabCorp Launches New Division to Focus On NGS Testing

LabCorp, the nation’s second-largest laboratory, has announced a plan to enlarge its focus on the well-paying realm of molecular diagnostics. The company has launched a division called Enlighten … [Read more...]

Inside the Lab Industry: Direct Release of Patient Tests: It’s Now Legal, But Is It Consumer Friendly?

The first week in October is filled with significance. The U.S. Supreme Court began a new session, and the baseball playoffs kicked off, among other things. This year, a major change in health care … [Read more...]

Sleep Apnea Assay Could Be Groundbreaker in Marketing and Branding

If there is any offbeat whimsy to the act of urinating in a cup, NuSomnea wants a piece of that market. The Maryland-based startup is working with PGXL Laboratories in Louisville, Ky., to develop a … [Read more...]

Inside the Lab Industry: Labs’ Ability to Obtain Payer Contracts Limited, Observers Say

Gregory Solak expects to have an answer soon. The vice president for laboratory services for Kaleida Health has helped to painstakingly craft a relationship between the upstate New York hospital … [Read more...]

Inside the Lab Industry: Laboratory M&A: Volume of Deals Mostly Unchanged From a Year Ago

As 2014 comes to a close, the volume of mergers and acquisitions in the laboratory sector during the calendar year is hewing close to what transacted in 2013, although there is more movement in the … [Read more...]

Venture Capital and Laboratories: A Lingering Question Mark

Despite the vastness of the health care industry, the laboratory sector is one business branch with minimal leverage. Despite its ubiquity - what patient hasn't undergone a lab test? - it still only … [Read more...]

Through Deals and an Executive Revamp, Aurora Diagnostics Strains Toward the Black

Debt-laden Aurora Diagnostics has all but revamped its executive ranks and engaged in several deals in the past few months that has refocused the Florida-based laboratory on pathology and … [Read more...]


(-0000g2)