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    Leading Clinical Reference Laboratory Business

    Description

    L#20230553

    This is a leading Clinical Reference Laboratory in the Midwest that started in 2014 and is well-recognized for its state-of-the-art medical laboratory and clinical services. It is at the forefront of scientific innovation with a focus in Molecular Diagnostics (PCR), Toxicology, and Cancer Genetics.

    The company has developed and validated over 120 tests inhouse and is announcing new tests for specialists that have high-reimbursement. • Itt’s advanced IT solutions and customized LIS and EHS systems ensure seamless integration with client systems. Billing modules are designed to help clients get reliable reimbursement data and are a highlight of this laboratory.

    Company currently services the states of Illinois, Wisconsin, and Indiana and is registered in 4 other states for future expansion. Automated equipment and software resources allow expansion of operations by 10X with minimal cost.

    The founder and CEO is a medical doctor also trained in diagnostics and health services. The stellar team includes certified clinical lab directors, Ph.D. scientists and laboratory technicians working off of decades of expertise within the industry.

    Services

    • General Clinical Lab
    • Clinical Chemistry Testing
    • Toxicology Testing
    • Hematology Laboratory Testing
    • Immunohematology Testing
    • Serology Testing
    • Clinical Microscopy Testing
    • Endocrinology Testing
    • Microbiology Laboratory
    • Immunology Laboratory
    • Respiratory Pathogen Testing
    • Molecular Laboratory /Q-PCR
    • Molecular Genetics /Cancer

    Growth Drivers

    • New tests for specialists with high communication with clients across
    • Experienced sales team to extend services to new clients and new states.
    • Potential of the new LimsABC LIS system with sample tracking and billing capabilities to be realized in 2024.
    • New Xifin Lab software integration with in-house LIS in 2023 enables integration with larger client systems.

    Basic Details

    Target Price:

    $18,500,000

    Gross Revenue

    TBA

    EBITDA

    TBA

    Business ID:

    L#20230553

    Country

    United States

    State:

    United States

    City:

    Chicago

    Detail

    Business ID:L#20230553
    Property Type:Medical Businesses
    Property Status:For Sale
    Target Price: $18,500,000
    Gross Revenue:TBA
    EBITDA:TBA
    Target Price / Revenue:18500000x
    Target Price / EBITDA:18500000x
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      This is a leading Clinical Reference Laboratory in the Midwest that started in 2014 and is well-recognized for its state-of-the-art medical laboratory and clinical services. It is at the forefront of scientific innovation with a focus in Molecular Diagnostics (PCR), Toxicology, and Cancer Genetics.

      The company has developed and validated over 120 tests inhouse and is announcing new tests for specialists that have high-reimbursement. • Itt’s advanced IT solutions and customized LIS and EHS systems ensure seamless integration with client systems. Billing modules are designed to help clients get reliable reimbursement data and are a highlight of this laboratory.

      Company currently services the states of Illinois, Wisconsin, and Indiana and is registered in 4 other states for future expansion. Automated equipment and software resources allow expansion of operations by 10X with minimal cost.

      The founder and CEO is a medical doctor also trained in diagnostics and health services. The stellar team includes certified clinical lab directors, Ph.D. scientists and laboratory technicians working off of decades of expertise within the industry.

      Services

      Growth Drivers

      MergersCorp M&A
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