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Home 5 Lab Industry Advisor 5 Laboratory Industry Report 5 Capital-lir 5 Inside the Lab Industry: Are Quest and LabCorp Headed in the Same Direction? Growth Slowing at Two Largest National Labs

Inside the Lab Industry: Are Quest and LabCorp Headed in the Same Direction? Growth Slowing at Two Largest National Labs

by | Feb 25, 2015 | Capital-lir, Earnings-lir, Inside the Lab Industry-lir, Laboratory Industry Report, Reimbursement-lir | 0 comments

It’s a tale of two national labs, but their numbers suggest similar rather than unique challenges.Both Quest Diagnostics and LabCorp—the nation’s number one and two laboratories in terms of revenue respectively—reported flat revenue for calendar 2012, decent earnings growth, and modest forecasts for 2013. LabCorp announced its fourth-quarter and 2012 earnings on Feb. 8. Full-year […]

It’s a tale of two national labs, but their numbers suggest similar rather than unique challenges.Both Quest Diagnostics and LabCorp—the nation’s number one and two laboratories in terms of revenue respectively—reported flat revenue for calendar 2012, decent earnings growth, and modest forecasts for 2013. LabCorp announced its fourth-quarter and 2012 earnings on Feb. 8. Full-year…

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