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Spectrum Laboratory Network · Greensboro, NC United States

Company Description

4380 Federal Dr. Ste. 100
Greensboro, NC
27410
United States (Map)
Phone: 336-664-6100
Fax: 336-852-0003
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    Spectrum Laboratory Network provides clinical laboratory services to health care providers in more than half a dozen states in the eastern US. Formed as a joint venture between High Point Regional Health System and Moses Cone Health System, the company also provides routine and esoteric laboratory testing services to Wellmont Health System, as well as other doctors, home health agencies, clinics, and hospitals in the region. Spectrum provides online ordering and result retrieval services, and it provides courier services for blood and urine sample collection. Investment firm Apax Partners owns a majority stake in Spectrum Laboratory Network, which was established in 1998. To read the full description, subscribe now.
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    Key Spectrum Laboratory Network Financials

    Company TypeJoint Venture

    Headquarters
    Fiscal Year-EndDecember
    Annual Sales (mil.)$12.5
    Employees1,022

    Spectrum Laboratory Network Executives

    7 executives listed for Spectrum Laboratory Network's Greensboro, NC location.
    TitleName & BioContact
    CEONate HeadleyNetwork
    CFOPaul SolomonNetwork
    CIODave MooreNetwork

    Competition

    Competitive Landscape for Spectrum Laboratory Network
    Demand is linked to the number of people receiving medical treatment. The profitability of individual companies depends on efficient operations and good marketing. There are large economies of scale in the operation of medical labs, which can receive samples from a wide geographical area. Small medical labs can compete effectively by providing specialized analyses, or by serving geographical regions with few medical facilities. Imaging centers don't have similar economies of scale because they must be located close to patients, so small firms can compete effectively with large ones in a particular area. The industry is fairly labor-intensive: annual revenue per worker is $140,000. To read the full description, subscribe now.
    Top Spectrum Laboratory Network Competitors
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