[Henry Mayo] – Henry Mayo Newhall Hospital has reached an agreement to sell its outreach laboratory business to Laboratory Corporation of America (LabCorp).
Henry Mayo operates six outpatient laboratories service centers in Santa Clarita. The labs are managed for Henry Mayo by United West Labs.
“The market has changed considerably since 2006 when Henry Mayo and United West Labs began providing outreach laboratory services for Santa Clarita Valley physicians,” said Bob Hudson, senior vice president and chief financial officer for Henry Mayo. “Our primary mission is to serve inpatients. Selling our outreach laboratory business will help ensure we can carry out our primary mission.”
Laboratory Corporation of America Holdings, an S&P 500 company, is the world’s leading healthcare diagnostics company, providing comprehensive clinical laboratory services through LabCorp Diagnostics, and end-to-end drug development support through Covance Drug Development. LabCorp is a pioneer in commercializing new diagnostic technologies and is improving people’s health by delivering the combination of world-class diagnostics, drug development and knowledge services. With net revenue in excess of $8.5 billion in 2015 and more than 50,000 employees in approximately 60 countries, LabCorp offers innovative solutions to healthcare stakeholders. LabCorp clients include physicians, patients and consumers, biopharmaceutical companies, government agencies, managed care organizations, hospitals, and clinical labs. To learn more about Covance Drug Development, visit www.covance.com. To learn more about LabCorp and LabCorp Diagnostics, visit www.labcorp.com.
About Henry Mayo Newhall Hospital
Henry Mayo Newhall Hospital is a 238- bed not-for-profit acute care hospital serving the Santa Clarita Valley since 1975. Henry Mayo is an Advanced Primary Stroke Center and a STEMI Receiving Center. The hospital features state-of-the-art Inpatient facilities, a Neonatal Intensive Care Unit, Catheterization Lab, Infusion Center, Breast Imaging Center and an Outpatient Surgery Center. Additional services include cardiovascular, trauma, emergency, intensive care, neonatal intensive care, maternity, surgery, nursing, wound care, spine and joint, behavioral health, and acute rehab, as well as cancer, imaging, lab, digestive, respiratory services and physical and occupational therapies. Henry Mayo Newhall Hospital is located at 23845 McBean Parkway, Valencia, CA 91355-2083. For more information, visit www.henrymayo.com or call (661) 253-8000.