Labcorp And Graves Gilbert Clinic Announce Strategic Agreement for Lab Operations

Collaboration combines important capabilities, experience and technologies from both organizations to enhance laboratory services

BURLINGTON, N.C., (Dec. 19, 2024) — Labcorp (NYSE: LH), a global leader of innovative and comprehensive laboratory services, has entered into a comprehensive strategic agreement with Graves Gilbert Clinic to manage the lab operations of its main full-service laboratory in Bowling Green, Kentucky, and its location in Glasgow, Kentucky.

The new relationship will combine important capabilities, experience and technologies from both organizations to enhance laboratory services and further the delivery of high-quality care.  

“Labcorp is committed to continuing Graves Gilbert’s longstanding history of delivering accessible and efficient high-quality care,” said Amy Rhine-Pallas, Senior Vice President of Labcorp’s North Central Division. “By combining our expertise, we look forward to enhancing laboratory services to improve health outcomes for the people of south-central Kentucky.”

“The Graves Gilbert Clinic is excited to collaborate with a national partner like Labcorp,” said Mike D’Eramo, Chief Executive Office officer at Grave Gilbert Clinic. “Their partnership will assist us with our efforts to lower costs, improve access, and continue to be the high-value provider in South Central Kentucky.”

The organizations are committed to working together to plan and implement a smooth, thoughtful transition that maintains continuity of services for patients, providers and clients.

This relationship expands Labcorp’s presence in the region and follows other strategic collaborations that Labcorp has established with a range of local and regional health systems that have enhanced services for patients and providers.  
 

About Labcorp
Labcorp (NYSE: LH) is a global leader of innovative and comprehensive laboratory services that helps doctors, hospitals, pharmaceutical companies, researchers and patients make clear and confident decisions. We provide insights and advance science to improve health and improve lives through our unparalleled diagnostics and drug development laboratory capabilities. The company's more than 67,000 employees serve clients in approximately 100 countries, provided support for 84% of the new drugs and therapeutic products approved in 2023 by the FDA, and performed more than 600 million tests for patients around the world. Learn more about us at www.labcorp.com.

About Graves Gilbert Clinic
Graves Gilbert Clinic was founded in 1937 and is South Central Kentucky’s largest physician-owned medical group. Graves Gilbert Clinic has 200+ providers and more than one million patients visit their clinics every year. Graves Gilbert Clinic has providers in 30 different specialties and 25+ locations throughout South Central Kentucky. For more information about Graves Gilbert Clinic, please visit GravesGilbert.com.
 

SOURCE Labcorp

Media: Kimbrel Arculeo, [email protected], Investors: Christin O'Donnell, [email protected]