AmeriPath, Inc. Acquires MedGenetics Diagnostic Laboratories; Enhances Florida Region; Complements The Center for Advanced Diagnostics.Business Editors/Health & Medical Writers RIVIERA BEACH Riviera Beach (rəvēr`ə), resort city (1990 pop. 27,639), Palm Beach co., SE Fla., on Lake Worth (a lagoon); inc. 1922. Research and development firms are located in the growing city. , Fla.--(BUSINESS WIRE)--Aug. 14, 2000 AmeriPath, Inc. (Nasdaq:PATH), the largest physician and laboratory company focused on providing anatomic pathology, cancer diagnostic, and healthcare information services See Information Systems. , today announced the acquisition of MedGenetics Diagnostic Laboratories, a full-service cytogenetic cytogenetic /cy·to·ge·net·ic/ (-je-net´ik) 1. pertaining to chromosomes. 2. pertaining to cytogenetics. cytogenetic pertaining to or originating from the origin and development of the cell. practice devoted exclusively to clinical and laboratory genetic services. Terms of the acquisition were not disclosed. MedGenetics Diagnostic Laboratories, headed by cytogeneticist cy·to·ge·net·ics n. (used with a sing. verb) The branch of biology that deals with heredity and the cellular components, particularly chromosomes, associated with heredity. , Peter Kohn, Ph.D., has maintained an excellent reputation for over 25 years. The practice has solid, long-standing relationships with and provides cytogenetic services, consultation and genetic counseling Genetic Counseling Definition Genetic counseling aims to facilitate the exchange of information regarding a person's genetic legacy. It attempts to: Purpose to the medical community in the southeast. The addition of this practice accelerates the ability to accommodate the growing menu of services offered by the Company's Center for Advanced Diagnostics to the medical community it serves. Chairman and Chief Executive Officer, James C. New, stated, "The addition of MedGenetics Diagnostic Laboratories is of strategic importance to AmeriPath by complementing and expanding the array of advanced cancer diagnostic testing Diagnostic testing Testing performed to determine if someone is affected with a particular disease. Mentioned in: Von Willebrand Disease now being offered at The Center for Advanced Diagnostics, and by adding excellent synergistic opportunities with our other practices throughout the country." AmeriPath, Inc. is the nation's largest physician and laboratory company focused on providing anatomic pathology cancer, diagnostic, and healthcare information services to physicians, hospitals, national clinical laboratories and managed care organizations. The company presently operates in 14 states and employs 301 physicians that provide medical services through outpatient pathology laboratories, hospital inpatient laboratories and outpatient surgery Outpatient Surgery, also referred to as ambulatory surgery or same-day surgery, is surgery that does not require an overnight hospital stay. The term “outpatient” arises from the fact that surgery patients may go home do not need an overnight hospital centers. This release contains certain forward-looking statements regarding AmeriPath, including its operations and prospects. Past performance is not necessarily indicative of future results. In addition, AmeriPath's actual results could differ materially from the results anticipated in these forward-looking statements as a result of uncertainties, including risks relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc demand, pricing, government regulation, payments and reimbursements, dependence upon contracts and pathologists, acquisitions, integration of acquired practices, the market for pathology services, competition, technology and other factors identified in AmeriPath's filings with the Securities and Exchange Commission. Editor's Note: This release is also available at http://www.ameripath.com |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion