![]() “The ability to offer testing for a wide range of diseases, combined with our existing point-of-care device, reagent, sample collection, kitting and manufacturing services, positions us as a single provider able to encompass all products and services from 'sample-to-result,'" he added. To request ADLT status for a CDLT under the CLFS, complete this form. "Strategically this is an excellent move for us as it positions EKF as a leading provider of diagnostic products and services, including a testing offering that our industry partners have been looking for us to provide," Mike Salter, president of EKF Diagnostics Americas and CEO-designate of EKF, said in a statement. Section 1834A of the Social Security Act established a new subcategory of clinical diagnostic laboratory tests (CDLTs) known as advanced diagnostic laboratory tests (ADLTs) with separate reporting and payment requirements. The business generates cash, and Cardiff, Wales-based EKF said it expects the acquisition to enhance its earnings immediately. EKF Diagnostics, the global in vitro diagnostics company, announces that it has acquired Advanced Diagnostic Laboratory LLC (ADL Health), a Texas based PCR-focused testing laboratory certified under the Clinical Laboratory Improvement Amendments (CLIA) for high-complexity molecular diagnostics testing. The lab is currently expanding its range of testing capabilities, and EKF's investment is intended to "support the deployment of additional equipment and personnel," EKF said.įounded in May 2020, ADL Health had revenues of $6.3 million for the six-month period ending June 30, 2021. (Nasdaq: BDSX), a leading data-driven diagnostic solutions company with a focus in lung disease, today announced that the Centers for Medicare &. The acquisition will be complete as soon as the certificate, filed earlier this week with the Texas Secretary of State, is acknowledged, EKF said.ĪDL Health is a CLIA-certified testing laboratory focused on PCR for clinical, forensic, and microbiological tests, as well as COVID-19 testing. View Lab Test Rates List, Contact Number, Address, Timings and services in Advance Diagnostic Centre. Use the PitchBook Platform to explore the full profile. Book Online Lab Test with Advance Diagnostic Centre. ![]() Advanced information management of diagnostic data (pathology informatics) should become a core competency of laboratory professionals. Information on acquisition, funding, investors, and executives for Advanced Diagnostic Laboratory. NEW YORK – Point-of-care testing firm EKF Diagnostics said on Wednesday that it has agreed to acquire Advanced Diagnostics Laboratory (ADL Health) for $10 million in shares and additional performance-based payments of up to $60 million over the next three years.ĮKF said it has established a special purpose Texas limited liability company as a wholly owned subsidiary, so San Antonio-based ADL Health was able to merge with the new company and file a certificate of merger. Friedman states that the generation of information should be considered as the beginningnot the endof the professional responsibility of laboratory professionals. Advances in Clinical Genomics Profiling. ![]()
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