OPKO Health's BioReference Laboratories and Westchester Medical Center Health Network Enter Into Strategic Laboratory Collaboration to Deliver Operational and Diagnostic Services
ELMWOOD PARK, N.J., May 13, 2020 /PRNewswire/ -- BioReference Laboratories, Inc., an OPKO Health company (NASDAQ: OPK), today announced a strategic collaboration with the Westchester Medical Center Health Network (WMCHealth), a 1,700-bed healthcare system headquartered in Valhalla, New York, to provide full laboratory administrative services, laboratory operations, reference testing and outpatient laboratory services.
WMCHealth has 10 hospitals on eight campuses spanning 6,200 square miles of the Hudson Valley, including Westchester Medical Center, Maria Fareri Children's Hospital, Behavioral Health Center, Bon Secours Community Hospital, Good Samaritan Hospital, HealthAlliance, Margaretville Hospital, MidHudson Regional Hospital and St. Anthony Community Hospital. WMCHealth performs over seven million laboratory tests per year.
Under the agreement, BioReference will provide administrative services, laboratory equipment, supplies and procurement processes initially for Westchester Medical Center, in addition to immediately providing reference testing and outreach for the entire hospital network. This collaboration allows healthcare providers and patients of WMCHealth expanded access to analytics tools, scientific expertise, and patient experience platforms, resulting in improved patient outcomes.
"At WMCHealth, our commitment is to provide the finest and most advanced care and services to the communities we serve," said Michael D. Israel, President and CEO of WMCHealth. "We are continually looking for partners that enable us to tailor solutions and match our commitment to deliver high-quality services to patients. Our agreement with BioReference enables us to offer a consistent and cohesive level of care through our laboratories for the patients seen at Westchester Medical Center and throughout WMCHealth each year."
"Leading health systems are prioritizing their business operations and are leveraging partners such as BioReference to support operations, evaluate and execute their laboratory strategy, allowing them to focus on their patients," said Jon R. Cohen, M.D., Executive Chairman of BioReference Laboratories. "This collaboration reinforces our model of delivering industry-leading diagnostic services to partners across the country."
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SOURCE BioReference Laboratories, Inc
Company Codes: NASDAQ-NMS:OPK