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January 14, 2017 12:00 AM

LabCorp reaches deal to acquire labs from New York's Mount Sinai

Elizabeth Whitman
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    Laboratory Corporation of America has reached a deal to acquire several clinical laboratories from Mount Sinai, a major health system in New York City. The deal will add seven testing facilities to the 120 labs that the Burlington, N.C.-based diagnostics company already operates in the metropolitan area.

    LabCorp will handle clinical pathology testing, while Mount Sinai will manage lab testing in anatomic pathology, molecular pathology and genetics.

    Mount Sinai will continue to conduct lab testing for patients at its hospitals and outpatient centers. The clinical outreach laboratory business provides testing services for patients seen in its physicians' offices, a statement issued by the health system said.

    LabCorp's deal with Mount Sinai is expected to close in the first quarter. LabCorp did not disclose other terms of the deal.

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      • Transformation
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      • ESG
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      • Regional News
        • Midwest
        • Northeast
        • South
        • West
      • Digital Edition (Web Version)
    • Opinion
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      • Vital Signs Blog
      • From the Editor
    • Events & Awards
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        • Nominate/Eligibility
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        • 50 Most Influential Clinical Executives
        • Best Places to Work in Healthcare
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        • Health Care Hall of Fame
        • Healthcare Marketing Impact Awards
        • Top 25 Emerging Leaders
        • Top Innovators
        • Diversity in Healthcare
          • - Luminaries
          • - Top 25 Diversity Leaders
          • - Leaders to Watch
        • Women in Healthcare
          • - Luminaries
          • - Top 25 Women Leaders
          • - Women to Watch
      • Conferences
        • Digital Health Transformation Summit
        • ESG: The Implementation Imperative Summit
        • Leadership Symposium
        • Social Determinants of Health Symposium
        • Women Leaders in Healthcare Conference
      • Galas
        • Best Places to Work Awards Gala
        • Health Care Hall of Fame Gala
        • Top 25 Diversity Leaders Gala
        • Top 25 Women Leaders Gala
      • Virtual Briefings
        • - Hospital of the Future
        • - Value Based Care
        • - Hospital at Home
        • - Workplace of the Future
        • - Digital Health
        • - Future of Staffing
        • - Hospital of the Future (Fall)
      • Webinars
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      • Podcast - Beyond the Byline
      • Sponsored Podcast - Healthcare Insider
      • Video Series - The Check Up
      • Sponsored Video Series - One on One
    • Data Center
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      • Hospital Financials
      • Staffing & Compensation
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