PLUS Diagnostics to Open Southwest Laboratory to Support Increased Demand for Diagnostic Services

UNION, N.J., Oct. 10, 2011 /PRNewswire/ -- PLUS Diagnostics, a leading anatomic pathology company, announced today that it will open a laboratory in Houston, Texas. The new facility is expected to open at the end of this year. It will offer customized diagnostic testing and consultative services for the gastroenterology and urology specialties, with plans to expand into dermatology and women’s health.

The new laboratory is the third facility PLUS Diagnostics has built in the past two years to support rising demand for its specialty anatomic pathology services. The company unveiled a new facility in Union, New Jersey and opened its first West Coast lab in Irvine, California in 2009 to triple its overall laboratory capacity. Since partnering with Water Street Healthcare Partners, a strategic private equity firm focused exclusively on health care, PLUS Diagnostics has grown its customer base to increase its net revenues more than 500 percent.

“There is a tremendous need for customized anatomic pathology and diagnostic services in the specialty medical community. We strive to go above and beyond to provide our customers with outstanding service that is tailored to meet their unique needs,” said David Pauluzzi, chief executive officer, PLUS Diagnostics. “We are pleased that our focus on providing our customers with high quality, innovative diagnostic services and technologies has enabled us to expand our services on a national scale. This lab will enable us to provide enhanced services to the medical community in Texas and the greater Southwest region.”

With the addition of the Southwest laboratory, PLUS Diagnostics will process and analyze hundreds of the thousands of specimens annually on behalf of doctors and specialists across the country. The new lab will be fully integrated with the company’s other facilities. Dr. Adnan Savera, a nationally recognized pathologist who was appointed chief medical officer for PLUS Diagnostics earlier this year, will oversee all of PLUS Diagnostics’ laboratories and a team of more than 25 pathologists.

About PLUS Diagnostics

PLUS Diagnostics is a leading national pathology company that provides a full range of multi-specialty services, including extensive diagnostic procedures and specialist consultations. Accredited by the College of American Pathologists, PLUS Diagnostics has long been recognized for exceptional service and quality. The company currently focuses on a broad base of specialty pathology services, including urology, gastroenterology and hematology/oncology. PLUS Diagnostics is a company of Water Street Healthcare Partners. For more information, visit, www.plusdx.com

SOURCE PLUS Diagnostics

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