Tech 2458:CLIA-COLA High Complexity Lab Performing Toxicology, PCR, and Blood Assays in SW USA
Coveted BCBS, Medicare, Medicaids, Fully paid of Assets, Two LCMS Systems, Novitas Jurisdiction
This high-complexity Lab can perform blood tests, urine tests, screening and confirmatory toxicology tests, and PCR tests such as upper respiratory and GI infection tests. The Lab is valued on the basis of existing CLIA and COLA licenses, Medicare and several Medicaid contracts from multiple states, and most importantly coveted BCBS contract. For someone who starts a Lab from scratch, it would take 18-24 months to get all these credentials, which would mean lost revenue. The lab has almost all the equipment completely paid for. It has two LCMS systems that are functional, validated, and fully paid off. Buyer is expected to bring his or her own business to the lab.
SERVICES
It’s testing capabilities include:
- Molecular PCR (upper respiratory, GI)
- Toxicology
- Pharmacogenomics (outsourced)
- Chemistry
- Hematology
- Coagulation
- Immunoassay
- Urinalysis
- Microbiology
- Rapid Testing
ASSETS
Main equipment include:
- Biofire 4 Film Array molecular testing (owned)
- Luminex molecular testing for women’s health panels (reagent contract)
- 2 AB Sciex 3200 Qtrap (owned)
- Cobas E411 (owned)
- Ortho Clinical Chemistry and Immunodiagnosis (reagent contract)
KEY FEATURES
- Turnkey high complexity lab ready with staff, some revenue, and most equipment paid off
- Very capable of doing Toxicology and high margin PCR tests
- In network for coveted BCBS insurance, Medicare, Medicaids of several states and also several HMOs
- Ideal for buyers with own volume
- Save 18-24 months and about $1.5 M in set up and running costs before getting CLIA/COLA and Medicare
- MAC Jurisdiction H served by Novitas
- Comes Debt Free (except for reagent lease on two equipment)
ASKING PRICE
The asking price for this lab is $1.45 M.
