LABORATORY CORPORATION OF AMERICA HOLDINGS
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Laboratory Corporation of America Holdings, together with its subsidiaries, operates as an independent clinical laboratory company in the United States. It offers a range of clinical laboratory tests, which are used by the medical profession in routine testing, patient diagnosis, and in the monitoring and treatment of disease. The company offers routine testing services, such as blood chemistry analyses, urinalyses, blood cell counts, Pap tests, HIV tests, microbiology cultures and procedures, and alcohol and other substance-abuse tests. It also offers specialty services, including allergy testing; clinical trials testing; oncology testing in which it diagnoses and monitors certain cancers, and predicts the outcome of certain treatments; HIV genotyping and phenotyping; diagnostic genetics that include cytogenetic, molecular cytogenetic, biochemical, and molecular genetic tests; and urine and blood testing services for the detection of drug and alcohol abuse. In addition, the company provides anatomic pathology testing services in uropathology, dermatopathology, GI pathology, and hematopathology areas. It offers its services through a combination of direct sales generalists and specialists to physicians, hospitals, HMOs and other managed care organizations, governmental agencies, large employers, and other independent clinical laboratories. As of December 31, 2004, the company had 32 primary laboratories and approximately 1,300 service sites, consisting of branches, patient service centers, and STAT laboratories. Laboratory Corporation of America was founded in 1971 and is headquartered in Burlington, North Carolina.