{"id":691057,"date":"2022-10-03T07:26:30","date_gmt":"2022-10-03T11:26:30","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/labcorp-establishes-comprehensive-laboratory-relationship-with-ascension\/"},"modified":"2022-10-03T07:26:30","modified_gmt":"2022-10-03T11:26:30","slug":"labcorp-establishes-comprehensive-laboratory-relationship-with-ascension","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/labcorp-establishes-comprehensive-laboratory-relationship-with-ascension\/","title":{"rendered":"Labcorp Establishes Comprehensive Laboratory Relationship With Ascension"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Labcorp Establishes Comprehensive Laboratory Relationship With Ascension<\/b><\/p>\n<p>BURLINGTON, N.C.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nLabcorp (NYSE: LH), a leading global life sciences company, today announced the completion of transactions that establish a long-term laboratory relationship with Ascension, one of the leading non-profit and Catholic health systems in the United States.\n<\/p>\n<p>\n\u201cToday\u2019s announcement marks the beginning of an exciting chapter for both organizations, and for the patients, communities and clinicians we serve,\u201d said Dr. Brian Caveney, chief medical officer and president of Labcorp Diagnostics. \u201cWe welcome those Ascension associates who will join Labcorp as a part of this strategic collaboration and look forward to working together to provide a smooth transition for patients, clinicians and employees.\u201d\n<\/p>\n<p>\nAs a part of the companies\u2019 strategic collaboration, Labcorp purchased select assets of Ascension\u2019s outreach laboratory business and will manage the health system\u2019s hospital-based laboratories in Alabama, Florida, Kansas, Maryland, Michigan, New York, Oklahoma, Tennessee, Texas and Wisconsin. The new relationship expands access for communities served by Ascension to Labcorp\u2019s clinical laboratory services, analytics and laboratory network to enhance efficiency and advance health care. The arrangement also provides patients and clinicians access to Labcorp\u2019s scientific expertise, advanced diagnostics in areas such as oncology, neurology and women\u2019s health, and at-home test collection services.\n<\/p>\n<p>\nThe <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.labcorp.com%2Flabcorp-enters-comprehensive-long-term-laboratory-relationship-ascension&amp;esheet=52934408&amp;newsitemid=20221003005522&amp;lan=en-US&amp;anchor=definitive+agreements&amp;index=1&amp;md5=451e2d8ebd4447051dc62c23b198b9df\">definitive agreements<\/a> for the transactions were announced on Feb. 9, 2022.\n<\/p>\n<p><b>About Labcorp<\/b><\/p>\n<p>\nLabcorp is a leading global life sciences company that provides vital information to help doctors, hospitals, pharmaceutical companies, researchers, and patients make clear and confident decisions. Through our unparalleled diagnostics and drug development capabilities, we provide insights and accelerate innovations to improve health and improve lives. With over 75,000 employees, we serve clients in more than 100 countries. Labcorp (NYSE: LH) reported revenue of $16 billion in FY2021. Learn more about us at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.Labcorp.com&amp;esheet=52934408&amp;newsitemid=20221003005522&amp;lan=en-US&amp;anchor=www.Labcorp.com&amp;index=2&amp;md5=7fbe75ce36d10e1845157e1616664fae\">www.Labcorp.com<\/a> or follow us on <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Flabcorp&amp;esheet=52934408&amp;newsitemid=20221003005522&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=3&amp;md5=ce722b3c4424a472afbb3936993ce4ee\">LinkedIn<\/a> and Twitter <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2Flabcorp&amp;esheet=52934408&amp;newsitemid=20221003005522&amp;lan=en-US&amp;anchor=%40Labcorp&amp;index=4&amp;md5=cffac18372a40f7afce739550961c483\">@Labcorp<\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20221003005522r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20221003005522\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20221003005522\/en\/<\/a><\/span><\/p>\n<p>\nMedia: Rachael Valdez \u2014 336-436-8263<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Media@Labcorp.com\">Media@Labcorp.com<\/a><\/p>\n<p>\nInvestors: Chas Cook \u2014 336-436-5076<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Investor@Labcorp.com\">Investor@Labcorp.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America North Carolina<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> General Health Science Health Research<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20221003005522\/en\/1077269\/3\/Labcorp_Logo_Horizontal_Color_RGB.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Labcorp Establishes Comprehensive Laboratory Relationship With Ascension BURLINGTON, N.C.&#8211;(BUSINESS WIRE)&#8211; Labcorp (NYSE: LH), a leading global life sciences company, today announced the completion of transactions that establish a long-term laboratory relationship with Ascension, one of the leading non-profit and Catholic health systems in the United States. \u201cToday\u2019s announcement marks the beginning of an exciting chapter for both organizations, and for the patients, communities and clinicians we serve,\u201d said Dr. Brian Caveney, chief medical officer and president of Labcorp Diagnostics. \u201cWe welcome those Ascension associates who will join Labcorp as a part of this strategic collaboration and look forward to working together to provide a smooth transition for patients, clinicians and employees.\u201d As a part of the companies\u2019 strategic collaboration, Labcorp &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/labcorp-establishes-comprehensive-laboratory-relationship-with-ascension\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Labcorp Establishes Comprehensive Laboratory Relationship With Ascension&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-691057","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - 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