Bio-Reference: A valuable healthcare contribution

Source: Healthcare Exec

Date :06/12/2007 09:28:59

Bio-Reference Laboratories Inc. is committed to making a difference as well as convincing healthcare professionals of the benefits of laboratories.

Written by Ian Armitage and Produced by Sean Bakke

Bio-Reference Laboratories Inc., a public health company since it was founded in December 1981, and a clinical laboratory since 1986, was started by Dr. Marc Grodman, M.D., and he has been chairman, president and CEO since its formation. With nearly 1,700 employees and revenues that will approach a quarter of a billion dollars this fiscal year.

“We are the largest regional clinical laboratory operating in the Northeast,” explains Dr. Grodman. “In addition to full-service offerings in the NYC super-region, we maintain focused national markets in hematopathology, correctional healthcare, informatics and genomics.”

Dr. Grodman has long recognized the value of healthcare information and the substantial role that diagnostic data plays in healthcare analysis. Bio-Reference has developed information technology solutions designed to reduce healthcare costs and improve quality performance based on all available healthcare data.

After obtaining his BA from the University of Pennsylvania, Dr. Grodman received his MD from Columbia, attended Harvard University’s Kennedy School of Government, was a Primary Care Clinical Fellow at Massachusetts General Hospital and is currently an Assistant Professor of Clinical Medicine at Columbia University College of Physicians and Surgeons in addition to his duties at Bio-Reference.

“What we are trying to achieve here tells you an awful lot about me as a person and of Bio-Reference as a company,” he continues. “We are not satisfied with doing a good job; instead we are obsessed with doing something of value. Bio-Reference started from nothing and over the last two decades has achieved a great deal of positive outcomes in healthcare.

“It is an undervalued industry,” adds Dr. Grodman. “But boy is it critical…

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