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LabCorp acquires laboratory testing business from South Bend Medical

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LabCorp acquires laboratory testing business from South Bend Medical

Laboratory Corp. of America Holdings has acquired the clinical laboratory testing business of South Bend Medical Foundation Inc.

Financial details of the transaction were not disclosed in the Oct. 22 news release.

The Burlington, N.C.-based company, which offers various laboratory tests and services, will collaborate with the private company to provide services across Indiana, Michigan, Ohio, and Illinois.

LabCorp will operate South Bend Medical's former clinical laboratory in South Bend, Ind. Additionally, it will use six former South Bend Medical locations to provide testing services.