In 2013, the CEO of this firm embarked on an innovative pointer of bringing a clinical lab service close to the community. He started building labs in physicians’ offices, at a cost that was much less compared to outsourcing the procedures. The benefits likewise include much quicker turnaround time for the medical provider/s as well as the patient. As of March 2015, he has actually already constructed 3 labs and one more substantial lab is under construction.
Projected revenue for each of the next 3 years increases dramatically from $1 million in 2015 to $4 million in 2016 to $8 million in 2017. The CEO is responsible for licenses, compliance and testing using a turnkey operations approach.