An impressive group of health care and lab industry leaders have recently launched American Pathology Partners (APP) in Nashville with $75 million in financing from New Enterprise Associates. It appears as if APP is focused on creating a network of local pathology practices, providing them with expanded capabilities, including management support, access to capital, sales and marketing, and purchasing services to enable these local players to be more competitive with the national laboratories like Quest Diagnostics and LabCorp.

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October 2008 - Table of Contents

LIR October 2008 (full PDF issue)

Execs Think Labs Will Remain Steady Through Market Chaos; $70 Billion Private Equity Available

Sonic Healthcare’s 2008 Revenues up 26% to $1.9 Billion

LabCorp Purchases PathNet

Esoteric Testing Drives Bio-Reference’s 18% Revenue Growth in Third Quarter

Analysts Predict Close to 10% Revenue Growth for LabCorp, Quest and 19% for Bio-Reference in 2008

Inside the Lab Industry: Strong Fundamentals Continue to Attract Private Equity Sector to Lab Industry

Rep. Nydia Velázquez Honored With Public Service Award at Lab Institute

DiagnoCure Opens CLIA Lab, Launches Colorectal Staging Test

Myriad Genetics Turns Profitable in FY08; Ponders Split of Pharma, Mol Dx

Unified Lab Credentialing Agency Aims to Clarify Hiring Process

Correction: Sonic Purchases Labor 28 Group for 8.8x EBITDA, GLP Medical Group for 8.6x EBITDA

FDA Questions Validity of LabCorp’s OvaSure Claims

CBLPath Lands Highmark Managed Care Contract in Pennsylvania and West Virginia

Lab Stocks Down 6% Over 5 Weeks, Down 2% for Year

American Pathology Partners Launches with $75 Million in Financing