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In June 2021, the company changed its name to Labcorp Drug Development. [55] In February 2023, the company was renamed Fortrea Holdings. [56] In July 2023, Labcorp completed the corporate spin-off of the company. [57] In June 2024, the company sold its Endpoint Clinical and Fortrea Patient Access businesses to Arsenal Capital Partners. [58]
LabCorp's (LH) recent collaboration will enable it to administer Ascension's hospital-based laboratories in 10 states and purchase select assets of the health system's outreach laboratory business.
In January 2003, Labcorp acquired Dianon, a provider of oncology and genomic diagnostic testing services, for $598 million in cash. [ 28 ] [ 29 ] [ 30 ] In February 2005, the company acquired US Pathology Labs Inc., a provider of anatomical pathology and oncology testing services, for $155 million.
LigoLab's TestDirectly software provides a web-based platform that links patients and governmental organizations with laboratories, doctors, and collection centers for direct-to-consumer COVID-19 testing, including at-home specimen collection. [18] [19] LigoLab's laboratory operating system also includes modules for molecular diagnostics. [1]
Lumenos was the pioneer and market leader in consumer-driven health plans. In December, WellPoint acquired WellChoice, a New York City-based Blue Cross Blue Shield provider, for approximately $6.5 billion, [45] making New York the 14th state in which WellPoint is a Blue Cross Blue Shield licensee.
In 2018 the management team at Orchid Cellmark Ltd acquired the company from LabCorp. The company is now one of the major providers of forensic services to police forces in England and Wales and has laboratories in Abingdon-on-Thames, Oxfordshire, and Chorley, Lancashire. On the 20th of August 2024, Cellmark was acquired by Eurofins Scientific. [1]
Calyx, formerly Parexel Informatics, [5] is a corporate spin-off from Parexel International. [2] [6] Calyx is a British–American provider of biopharmaceutical services. [7]The company was formed in January 2021 following the strategic separation of the Parexel Informatics business from Parexel International, and provides medical imaging, e-clinical and regulatory services.
In May 2018, the company announced it will become an in-network laboratory provider to UnitedHealthcare starting in 2019, providing access to 48 million plan members. [ 26 ] In September 2018, Quest moved its headquarters from Madison, where it was located since 2007, to Secaucus, New Jersey .
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