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When St. Mark’s Hospital (Salt Lake City) and Lakeview Hospital (Bountiful, Utah) formed MountainStar Clinical Laboratories as part of their outreach joint venture with Pathology Associates Medical Laboratories (PAML) in November 2007, both labs were doing a combined annual outreach volume of about 100,000 tests. But by the second quarter of this year, hospital leaders anticipate that annual volume will climb to 500,000, as this recent joint venture begins to chip away at the regional market share dominated by Quest and LabCorp, according to St. Mark’s Hospital COO Matt Dixon.

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February 2008 - Table of Contents

LIR February 2008 (full PDF issue)

Global Lab M&A Tops $3.9 Billion, $3.1 Billion in U.S. for ’07

Sonic Takes Over Labs in New Jersey, Tennessee

Carilion Labs Acquires Innovative Pathology Services

CMS Gives Pathologists Incentives for Quality Reporting

LabCorp’s Growth Focused on Companion Dx, Managed Care Contracts

U.S. Lab M&A Climbs to $3.1B in 2007

PAML’s Newest Joint Venture Focused on Capturing Salt Lake City Outreach Market

Lab Stocks Down 5% Over Past 5 Weeks, 1% So Far in '08

Molecular Diagnostics 2008 Is a Must-Attend Event