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Transfer of outreach services brings enhanced global resources to region, including expanded access to advanced testing, innovative digital tools for improved patient experience and achieves Ballad Health’s goal of continuing to lower the cost of health care
JOHNSON CITY, Tenn. and BURLINGTON, NC, (Sept. 9, 2024) -Ballad Health announced today it has reached agreement on a strategic collaboration with Labcorp, a global leader of innovative and comprehensive laboratory services, to provide outreach laboratory services across the Appalachian Highlands region. This agreement includes the sale of select operating assets of Ballad Health’s outreach lab services to Labcorp. The sale of these lab services, combined with Ballad Health’s ongoing strategic partnership with Labcorp, aims to enhance patient care, expand access to advanced testing and improve efficiency for the health system and its patients.
Ballad Health will continue to operate its inpatient and emergency department laboratory, as well as lab services for hospital-based practices, such as oncology.
Brad Price, Senior Vice President of Regional Operations and Service Line Development at Ballad Health, expressed enthusiasm about the partnership: "We are excited about this collaboration with Labcorp, which will lower patient costs while offering expanded services and broader access. Labcorp’s digital tools will improve the overall patient experience, aligning with our unwavering commitment to providing high-quality, accessible healthcare to our communities."
“When, for example, Blue Cross/Blue Shield of America recogniz…
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