Clinical lab services through Theranos Wellness Centers are to be offered at Walgreens. Theranos cliams that its services are less invasive, more affordable (50% of Medicare reimbursement rates), less error prone and provide faster diagnosis than traditional labs. Does anybody have any insights into this company?
I am a retired medical technologist,35 years. This company,Theranos is positioned to revolutionize medical services. Couple drops of blood can test for a very large number of chemistries and more with a big cost reduction. I forsee in a couple of years labs like quest/labcorp will have a big reduction in numbers of test performed. CEO has a impressive BOD. Only wish Theranos was public. Walgreens chart looks good and can only get better with this partnership.