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Laboratory Corp. of America Holdings Message Board

  • INVESTidea INVESTidea Apr 6, 1999 12:16 PM Flag


    LH 1998 annual report is available at;

    Once any company is selected, click on the
    industry or
    state of that company. All companies within
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    state will appear. Additional
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    • I heard that the company is improving their profits. The stock has a target price of 4.00 dollars on it. They also could be bought out too.

      Good day.

    • 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
      that date.

      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.

      I'd be
      interested in what others have to say.

    • When does LH release results for Q1? Any anticipations?

    • 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.

    • Honto Yo.

    • So we don't waste time accessing body of message.

      Chill man, this is a global board and English is not everyone's primary language.

    • Howdy jjg63, told you I would find you. Hope all is well!! :-)

    • hopefully this stock is going up with every body
      help do not sell we will so good jump soon and start
      buying more
      good day for lu even though the others
      stocks are down
      go lu
      good luck to every body

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