LH 1998 annual report is available at;
Once any company is selected, click on the
state of that company. All companies within
the same industry or
state will appear. Additional
annual report selections may be
made at that time.
I noticed that the last earnings report was Feb.
23. Three months later would be May 23, so it is
possible that earnings could be released pretty close to
If what my friends tell me is
accurate, we could have a good earnings report, but I don't
know for sure. The recent runup in price may indicate
that others see a good report coming.
interested in what others have to say.
SCOTTSDALE, Ariz. and BURLINGTON, N.C., April 19
/PRNewswire/ -- PCS Health Systems, the nation's largest
pharmaceutical care management company, and Laboratory
Corporation of America(R) Holdings (LabCorp(R)) (NYSE: LH),
one of the largest national clinical laboratory
companies in the United States, announced today that they
jointly will provide laboratory benefits to the
approximately 1 million members of the Mail Handlers Benefit
The Mail Handlers Benefit Plan is offered
under the auspices of the Federal Employees Health
Benefits Program to federal and postal employees and
retirees of the Federal Government. PCS currently provides
prescription claims administration services to the Mail
Handlers Benefit Plan, and will add integrated laboratory
benefits to the program.
The agreement provides
enrollees of the Mail Handlers Benefit Plan and their
covered family members with the additional benefit of
non-emergency outpatient laboratory services for no
out-of-pocket costs, no co-insurance and no deductible through
PCS' Performance Lab program, a cooperative venture
between PCS and LabCorp.
"With lab tests
representing nearly 5 percent of total medical costs,
Performance Lab gives health plans the opportunity to offer a
cost-effective service while improving and simplifying members'
care," said Jean-Pierre Millon, president and chief
executive officer of PCS. "The scope of LabCorp's
operations ensures that patients across the country will be
able to benefit from this unique program."
LabCorp delivers test results on 240,000 patients daily
through more than 900 patient service facilities serving
clients in 50 states.
"The concept behind
Performance Lab is an innovation that is much in tune with
the needs of today's health care marketplace," said
Thomas P. Mac Mahon, LabCorp's president and chief
executive officer. "Through it, covered members can be
assured of high-quality clinical tests without the burden
of managing co-payments, co-insurance or
deductibles. At the same time, employers can be confident that
they are getting maximum value for their health care
To receive the laboratory benefit through
PCS and LabCorp, members tell their physicians that
they would like laboratory tests to be performed at a
LabCorp facility. The patient then presents his or her
PCS card -- which provides both Performance Lab and
prescription benefits. When LabCorp collects the specimen and
performs the laboratory tests, the patient's claim is
processed automatically with no out-of-pocket payment.
"We're confident that the combined pharmacy/laboratory
benefit will be of great value to our members in addition
to helping reduce costs," said Jerome J. Palermino,
Executive Director of the Mail Handlers Benefit Plan. "We
see it as a cutting-edge way to simplify health care
delivery and improve quality."
The Mail Handlers
Benefit Plan ranks as one of the top fee-for-service
plans offered in the Federal Employees Health Benefits
Program as a result of its excellent customer service and
comprehensive benefits. Its superior satisfaction scores have
helped it become the second largest plan for Federal and
postal employees nationwide. The new Performance Lab
program is an example of how the Plan continues to offer
its members innovative benefits while at the same
time saving them money and eliminating paperwork.
hopefully this stock is going up with every body
help do not sell we will so good jump soon and start
good day for lu even though the others
stocks are down
good luck to every body