BURLINGTON, N.C. & LOUISVILLE, Ky.–(BUSINESS WIRE)–
LabCorp’s Ability in Bloom Arrangement Collaborations will Benefit Patients beyond Kentucky, Southern Indiana
LabCorp® (LH) and Baptist Health have entered into a multi-year, absolute class collaboration. LabCorp Affection will accommodate abstruse casework for Baptist Health’s eight hospital-based labs and admission to added advice technology and abstracts analytics to advice advance the charge of accommodating care.
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The new acceding builds aloft and deepens an accustomed accord of added than bristles years. LabCorp has provided advertence testing casework as the primary class for Baptist Health’s hospitals and Baptist Bloom Medical Group physician network.
LabCorp is a arch all-around activity sciences aggregation that provides absolute analytic class services. Baptist Bloom is Kentucky’s better not-for-profit bloom system, operating a arrangement of eight endemic and one managed hospitals, outpatient centers, multi-specialty physician practices, a home affliction agency, outpatient casework and urgent/express affliction casework in Kentucky and Southern Indiana.
“Baptist Health and LabCorp Affection allotment a charge to accouterment high-quality, high-value care. Introducing absolutely connected class affection for patients and physicians will help Baptist Health fulfill its mission to advance the bloom and advance the abundance of the communities that it serves,” said Gary Huff, CEO of LabCorp Diagnostics. “LabCorp Diagnostics’ industry-leading solutions, including our acumen and operating expertise, accommodated the needs of bloom systems and their patients beyond the absolute spectrum of care. We are admiring to aggrandize our accord with Baptist Health, and we attending advanced to helping Baptist Health continue to advance bloom and lives.”
“Baptist Bloom has had a abiding and acknowledged accord with LabCorp. This acceding is a accustomed addendum of that relationship,” said Steve Oglesby, Baptist Bloom arch banking officer. “Under this agreement, LabCorp will accommodate authoritative abutment to our lab services, abetment in action acclimation beyond Baptist Bloom and accommodate cogent amount savings, forth with admission to the latest in lab accessories and supplies. The acceding with LabCorp will hold firm to our vision to accommodate patient-centered, high-value class anesthetic focused on analytic excellence.”
Baptist Bloom will absorb buying and ascendancy of a lab at anniversary of its hospitals, and affairs to assignment carefully with LabCorp to authorize a amount lab that it will additionally own and ascendancy aural Baptist Bloom Louisville, to accumulate system-wide class testing processes.
LabCorp (LH), an S&P 500 company, is a arch all-around activity sciences aggregation that is acutely chip in allegorical accommodating care, accouterment absolute analytic class and end-to-end biologic development services. With a mission to advance bloom and advance lives, LabCorp delivers world-class analytic solutions, brings avant-garde medicines to patients faster and uses technology to advance the charge of care. LabCorp appear net revenues of over $10 billion in 2017. To apprentice added about LabCorp, visit www.labcorp.com, and to apprentice added about Covance Biologic Development, visit www.covance.com.
This columnist absolution contains advanced statements about LabCorp’s approaching operations. Anniversary of the advanced statements is accountable to change based on assorted important factors, including after limitation, aggressive accomplishments in the marketplace, and adverse accomplishments of authoritative and added third-party payers. Actual after-effects could alter materially from those appropriate by these advanced statements. LabCorp has no obligation to accommodate any updates to these advanced statements alike if its expectations change. Further advice on abeyant factors that could affect operating and banking after-effects is included in LabCorp’s Form 10-K for the year ended December 31, 2017, and consecutive Forms 10-Q, including in anniversary case beneath the branch accident factors, and in LabCorp’s added filings with the SEC. The advice in this columnist absolution should be apprehend in affiliation with a analysis of LabCorp’s filings with the SEC including the advice in LabCorp’s Form 10-K for the year ended December 31, 2017, and consecutive Forms 10-Q, beneath the branch MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.
About Baptist Health
Founded in 1924 in Louisville, Ky., Baptist Bloom is a full-spectrum bloom system dedicated to convalescent the bloom of the communities it serves. The Baptist Bloom ancestors consists of nine hospitals (eight endemic and one managed); employed and absolute physicians; outpatient facilities, physician practices and services, urgent affliction and retail-based clinics; outpatient diagnostic and anaplasty centers; home care; anatomic anesthetic and physical therapy clinics; and fettle centers. Baptist Bloom has added than 300 credibility of care in 75 Kentucky counties, seven counties in Illinois, six counties in Southern Indiana and two counties in Tennessee.
Baptist Health’s eight endemic hospitals accommodate added than 2,400 accountant beds in the Kentucky cities of Corbin, La Grange, Lexington, Louisville, Madisonville, Paducah, Richmond and in New Albany, Indiana. Baptist Bloom manages Hardin Memorial Health, a 300-bed hospital in Elizabethtown, Kentucky which is expected to become allotment of the Baptist Bloom family. Baptist Bloom employs added than 20,000 people. Baptist’s physician arrangement has approximately 1,100 active providers, including about 600 active physicians, plus more than 2,000 absolute physicians. To apprentice more, go to BaptistHealth.com.
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