August 2006
Main Article
Despite its strong community network and 70-year history of service to the region, Sonic Healthcare-owned Diagnostic Medlab (DML; Auckland, New Zealand) has lost a major laboratory services contract in its hometown and will likely be forced to close as a result. The eight-year, NZD$560 million (about $346 million) contract, which has been awarded to a consortium led by Healthscope (Parkville, Australia), is for the provision of community-based laboratory services for the greater Auckland region. It represented more than 90% of DMLs revenues.
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