The nation’s largest laboratory services provider, Quest Diagnostics (Lyndhurst, NJ), has agreed to acquire privately held AmeriPath (Palm Beach Gardens, FL) in a transaction valued at approximately $2 billion, which includes about $770 million in debt. AmeriPath provides services in three of the most rapidly growing segments of the clinical laboratory industry: anatomic pathology, dermapathology, and esoteric testing. The transaction is expected to close during the second quarter of this year.

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May 2007 - Table of Contents

LIR May 2007 (full PDF issue)

Quest to Acquire AmeriPath for $2B

Affy’s Reference Laboratory Gets CLIA Certification

Salem Hospital Lab Services Builds New Offsite Laboratory

Anatomic Pathology Feels Staffing Squeeze

Analyzing Ordering Patterns Helps Labs Cut Costs and Minimize Waste

Summa Healthcare Installs Web-Based Physician Ordering System

ACLA Meeting Updates Industry Leaders on Key Policy Issues

Lab Stocks Soars 11% Led by Medtox and Monogram

New Onco-Molecular Diagnostics Conference