Menlo Park Funding

Bio-Reference Laboratories is the largest independent clinical laboratory in the Northeastern United States. This multi-faceted health services and information company has major market positions in physician offices, nursing homes and correctional institutions. Its full-service clinical laboratory has capabilities in the areas of genomics, oncology, correctional health and complimentary medicine. It also performs employee drug testing for major corporations, drug treatment centers and psychiatric hospitals nationwide. The company s PSIMedica business unit offers an array of information solutions for reducing health care costs and improving quality. These solutions work on a scalable software analytical engine that utilizes source information, such as claims data, enrollment data, prescription data and laboratory data. Finally, Bio-Reference s web-based health care portal, CareEvolve, provides a comprehensive connectivity solution to physicians, which includes disease management, laboratory reporting and ordering and claims processing. Bio-Reference Laboratories maintains its headquarters in Elmwood Park, N.J., and is traded on NASDAQ.