In 2013, the CEO of this firm embarked on an innovative idea of bringing a clinical lab service close to the community. He started building labs in physicians' offices, at a cost that was less than outsourcing the procedures. The benefits also include much quicker turnaround time for the medical provider/s as well as the patient. As of March 2015, he has already constructed 3 labs and another substantial lab is under construction. Projected revenue for each of the next 3 years increases dramatically from $1 million in 2015 to $4 million in 2016 to $8 million in 2017.

The CEO is responsible for licenses, compliance and testing using a turnkey operations approach.

Posted Jun 3, 2014

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