Aurora Diagnostics Gets an Australian Owner

Aurora Diagnostics, founded and funded by Summit Partners since 2006, has been acquired by Sonic Healthcare (ASX: SHL), a global medical diagnostics company based in Macquarie Park, New South Wales, Australia, for $540 million. Aurora is a specialized laboratory company focused on anatomical pathology. It employs 1,200 staff, including approximately 220 pathologists, at 32 laboratories […]

Schryver Nabs Another Lab

If it’s true that 70% or more of medical decisions are made based on diagnostic testing results, then one can assume that the Laboratory, MRI & Dialysis sector is at the crossroads where fee-for-service and value-based reimbursements meet. Although this sector isn’t the largest in transaction volume and dollars spent relative to other markets, mergers and acquisition […]

Aurora Diagnostics Adds More Labs

Independent laboratory company Aurora Diagnostics made its first announced acquisition in 2015, paying an undisclosed amount for Consultants in Laboratory Medicine of Greater Toledo, Inc. The target is a hospital-based practice providing anatomic laboratory medicine professional pathology services to 11 hospitals in Michigan and Ohio. Aurora Diagnostics focuses on anatomic pathology and now has 25 locations […]