Labcorp Near Me
As one of the largest clinical laboratory networks in the world, Labcorp is known for its commitment to innovation, quality, and providing the best possible to service to every client it serves. With more than 36 primary locations, find a Labcorp near you should prove simple!
Are you interested in finding a Labcorp location near you, simply browse Labcorp near me on the map below and find a list of Labcorp locations located within a close proximity to your current location. Need a bit more information on Labcorp? Read on for interesting facts, trivia, and more!
Labcorp Near Me – Find it on the Map
Labcorp Near Me – Labcorp Trivia
What year was Labcorp founded?
Though Labcorp is not a nationally recognized institution that is trusted by both patients and those in the medical industry, the brand was formed under humble means. Labcorp first began in 1978, formed as the National Health Laboratories Incorporated. The company itself was a national blood and pathology laboratory that was initially owned by the Revlon Health Care group and managed by Michael E. Lillig for a total of seven years. Prior to managing Labcorp, Lillig had been with Becton, Dickinson, and Company.
This is where he gained the experience and wisdom necessary to help Labcorp to succeed in a newly competitive industry. Each year at Labcorp Lillig grew annual sales by 43%, with revenue reaching a whopping $12 million by the conclusion of his tenure. While this might not seem exceptional, especially when compared to the Walmarts of the world, this was a very high figure for a company specializing in healthcare. As you search Labcorp near me, consider just how swiftly this company has grown since its inception back in the 1970s.
What was Labcorp an early pioneer in?
From the beginning, Labcorp has always been on the cutting edge of innovation and technology in the medical field. Though it might not seem apparent to those who only casually follow medical news, Labcorp is one of the top research laboratories in the United States. Consider some of Labcorps early achievements as you search Labcorp near me. According to Labcorp insiders, Labcorp was the early pioneer in using PCR or polymerase chain reaction technology for genome testing.
This process is also known as “amplifying” the DNA as it enables specific genes of interest to be accurately detected and measured. This technology was first performed in North Carolina at the Center for Molecular Biology and Pathology in Research Triangle Park. Aside from genome testing, Labcorp is also known for conducting tests such as human immunodeficiency virus genotyping and phenotyping, molecular diagnostic testing, and oncology testing.
Labcorp Near Me – Labcorp Facts
The Labcorp Operations
Often times a lab or research facility is only as good as the place they call home. With different countries placing various regulations and restrictions on certain types of test, as well as methods that may be implemented, many times seeking out operations in a several countries can be vital to conducting the best research. Though Labcorp is mainly based in the United States, their operations are not strictly limited to US borders. This is often seen as an advantage rather than a setback as the US can place stringent regulations on various testing methods. Because of this (and also due to cost), Labcorp also conducts test in three provinces of Canada.
When it comes to the development and implementation of PCR testing methods, all research is conducted at the National Genetics Institute in the state of California. As you search Labcorp near me, do you believe there is some benefit in a research company being spread out over several different countries? Labcorp and many other research facilities certainly do. Of course, Labcorp isn’t immune to accruing its fair share of criticism.
Though highly successful, the company has often drawn public criticism for their practice of paying each doctor’s offices and genetic counselors in hospitals annual salaries. Despite this, the revenue of Labcorp increases nearly every year. In 2005, the company earned a total of $3.3 billion. By 2007, that number jumped to a whopping $4.1 billion. As you can probably see, revenue from medical testing isn’t going to fall away anytime soon.
Like any big company, Labcorp knows that expanding its reach is key to earning more profit and reaching a higher caliber of excellence in terms of research. In order to continue its breakneck speed of growth, Labcorp conducts many acquisitions and has been known to scoop up beneficial companies on the cheap. For example, Labcorp acquired Litholink, a corporation that specializes in kidney stone analysis.
By bringing Litholink into the Labcorp family, the company suddenly grew its research team to include a speciality in kidney stone analysis, something the company had been lacking in prior years. Labcorp also acquired companies such as Tandem Labs, Monogram Biosciences, MedTOX, and Genzyme Genetics.
The key to every acquisition is to help grow their research specialties all while earning high profits that will allow the company to fund large endeavors and stay relevant in an ever changing field. While searching Labcorp near me, consider how these specialities play a role in your life. Do you feel more confident knowing that Labcorp is well versed in so many medical research fields?