| Business Summary | | Laboratory
Corporation
of
America
Holdings
is
an
independent
clinical
laboratory
company
in
the
United
States.
Through
a
national
network
of
laboratories,
the
Company
offers
more
than
4,000
different
clinical
laboratory
tests
that
are
used
by
the
medical
profession
in
routine
testing,
patient
diagnosis,
and
in
the
monitoring
and
treatment
of
disease.
The
Company
also
offers
specialized
and
niche
testing
services
in
its
network
of
24
primary
testing
facilities
and
approximately
1,200
service
sites
consisting
of
branches,
patient
service
centers
and
STAT
laboratories,
serving
clients
in
50
states.
The
Company
processed
an
average
of
approximately
260,000
patient
specimens
per
day
in
2000. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | LH,
an
independent
clinical
laboratory
company,
offers
a
broad
range
of
testing
services
used
by
the
medical
profession
in
the
diagnosis,
monitoring
and
treatment
of
diseases
and
other
clinical
states.
For
the
six
months
ended
6/01,
revenues
rose
14%
to
$1.08
billion.
Net
income
applicable
to
Common
totaled
$95.6
million,
up
from
$23.8
million.
Revenues
reflect
higher
prices
and
volumes.
Net
income
also
reflects
the
absence
of
$34.6
million
in
preferred
dividends. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Thomas Mac Mahon, 54 Chairman,
Pres, CEO | $4.9M | $10.7M | Wesley Elingburg, 44 Exec.
VP, CFO, Treasurer | 1.3M | 3.0M | Richard Novak, 60 Exec.
VP and COO | 2.5M | 4.2M | Stevan Stark, 53 Exec.
VP of Sales and Marketing | -- | -- | Bradford Smith, 47 Exec.
VP of Public Affairs, HR, Law & Compliance, Sec., Compliance Officer | 1.3M | 3.1M | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|