Labcorp partnership delivers significant savings to regional health system

A large regional health system has saved more than $5 million a year on labor and supplies—and even more with capital expense avoidance—by partnering with Labcorp. Within a period of one year, Labcorp brought nine separate hospital laboratories together utilizing a single core lab along with hospital rapid-response labs, delivering savings on labor and supplies while achieving new levels of standardization. In 2020, the relationship between the two organizations became even more valuable as hospitals nationwide scrambled for lab services and supplies during the COVID-19 pandemic.

An academic medical center's 20+ year partnership with Labcorp continues to deliver quality

An academic medical center's joint venture with Labcorp, initiated more than 20 years ago, has resulted in significant savings for the medical center, as well as access to state-of-the-art equipment and diagnostic testing. The relationship enables the health system to focus on its core mission-patient care-while Labcorp deploys its expertise and industry strength to manage the lab on a daily basis, support new service lines and develop strategic plans for the future.