Overview of Navigating Mergers and Acquisitions for Medical Laboratories

Healthcare organizations are increasingly pursuing mergers, acquisitions, and integration to acquire new capabilities and reduce costs in response to shifting markets, intensifying competition, and changes in business and operating models. The pace of medical laboratory mergers and acquisitions in the US increased steadily in the decade leading up to 2020, and the trend accelerated during the SARS CoV-2 pandemic. Mergers and acquisitions can benefit patients by making a wider variety of tests available. Although this is creating unprecedented challenges for laboratories that provide testing services for hospitals, laboratories can take steps to make the transition easier and more likely to succeed.