Labcorp Acquires Choose Outreach Companies from Ballad Well being – The Journal of Healthcare Contracting

Labcorp Acquires Choose Outreach Companies from Ballad Well being – The Journal of Healthcare Contracting



September 13, 2024 – Ballad Well being introduced that it has reached an settlement for a strategic collaboration with Labcorp, a world chief in modern and complete laboratory companies, to supply outreach laboratory companies within the Appalachian Highlands area. This settlement consists of the sale of choose operational property of Ballad Well being’s outreach laboratory companies to Labcorp. The sale of those laboratory companies, mixed with Ballad Well being’s continued strategic partnership with Labcorp, is concentrated on advancing affected person care, increasing entry to superior testing, and enhancing efficiencies for the healthcare system and its sufferers.

Ballad Well being will proceed to function its inpatient and emergency division laboratory, in addition to laboratory companies for hospital-based practices, resembling oncology. Key advantages of this settlement embrace entry to Labcorp’s broad community of affected person service facilities, elevated entry to reasonably priced, high-quality laboratory companies for sufferers and employers, expanded entry to Labcorp’s intensive menu of checks, and implementation of superior digital instruments for an enhanced affected person expertise.

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