Latest news with #LifeLabs
Hamilton Spectator
2 days ago
- Business
- Hamilton Spectator
LifeLabs Deepens Support to Communities Impacted by Saskatchewan Wildfires with an Additional $5,000 Donation
Toronto, ON, July 29, 2025 (GLOBE NEWSWIRE) — As wildfires continue to impact communities across Saskatchewan, LifeLabs is pleased to deepen its commitment to relief efforts, contributing an additional $5,000. This latest contribution brings the company's total support for wildfire relief efforts to $20,000 in 2025. The safety and well-being of our customers, employees, and communities remain LifeLabs' top priority. Earlier this summer, LifeLabs donated a $5,000 donation to both the Canadian Red Cross and the Central Urban Métis Federation Inc. (CUMFI), recognizing their vital roles in providing emergency assistance. Building upon this support, LifeLabs is now making an additional $5,000 contribution to the Saskatoon Community Foundation Emergency Response Fund, which is coordinating funds and collecting donations to provide relief for individuals evacuated due to the wildfires, and St. John Ambulance for Saskatchewan, which is providing First Aid, Therapy Dog comfort visits, and essential care to those displaced by the fires. Further amplifying its impact, LifeLabs' Employee Giving Program, which matches employee donations dollar-for-dollar to the registered charity of their choice, has committed to contributing up to an additional $5,000 to wildlife relief efforts. 'At LifeLabs, our hearts go out to everyone affected by these devastating wildfires,' says Charles Brown, President and CEO, LifeLabs. 'We are deeply committed to supporting the health and safety of our communities, during times of crisis. We are truly grateful to the first responders and organizations across the country who are coming together to provide care, comfort, and relief when it's needed most.' To stay informed about LifeLabs' operational status of its Patient Service Centres, please visit: Together, we can make a meaningful difference. By standing with our fellow Canadians, we are showing unwavering care, compassion, and commitment to helping those who need it most. About LifeLabs LifeLabs is Canada's leading provider of laboratory diagnostic information and digital health connectivity systems, enabling patients and healthcare practitioners to diagnose, treat, monitor and prevent disease. We are a committed innovator in supporting Canadians to live healthier lives, operating Canada's first commercial genetics lab, and the country's largest online patient portal, with more than 8 million Canadians receiving their results online. LifeLabs has been named one of Canada's Best Employers (2021, 2022 and 2023) and Best Employers for Diversity (2022, 2023 and 2024) by Forbes, named by BrandSpark as the Most Trusted Brand in medical diagnostic services voted by Canadians (2023 and 2024) and recognized for having an award-winning Mental Health Program from Benefits Canada. Learn more at .
Business Upturn
2 days ago
- Business
- Business Upturn
LifeLabs Deepens Support to Communities Impacted by Saskatchewan Wildfires with an Additional $5,000 Donation
Toronto, ON, July 29, 2025 (GLOBE NEWSWIRE) — As wildfires continue to impact communities across Saskatchewan, LifeLabs is pleased to deepen its commitment to relief efforts, contributing an additional $5,000. This latest contribution brings the company's total support for wildfire relief efforts to $20,000 in 2025. The safety and well-being of our customers, employees, and communities remain LifeLabs' top priority. Earlier this summer, LifeLabs donated a $5,000 donation to both the Canadian Red Cross and the Central Urban Métis Federation Inc. (CUMFI), recognizing their vital roles in providing emergency assistance. Building upon this support, LifeLabs is now making an additional $5,000 contribution to the Saskatoon Community Foundation Emergency Response Fund, which is coordinating funds and collecting donations to provide relief for individuals evacuated due to the wildfires, and St. John Ambulance for Saskatchewan, which is providing First Aid, Therapy Dog comfort visits, and essential care to those displaced by the fires. Further amplifying its impact, LifeLabs' Employee Giving Program, which matches employee donations dollar-for-dollar to the registered charity of their choice, has committed to contributing up to an additional $5,000 to wildlife relief efforts. 'At LifeLabs, our hearts go out to everyone affected by these devastating wildfires,' says Charles Brown, President and CEO, LifeLabs. 'We are deeply committed to supporting the health and safety of our communities, during times of crisis. We are truly grateful to the first responders and organizations across the country who are coming together to provide care, comfort, and relief when it's needed most.' To stay informed about LifeLabs' operational status of its Patient Service Centres, please visit: Together, we can make a meaningful difference. By standing with our fellow Canadians, we are showing unwavering care, compassion, and commitment to helping those who need it most. About LifeLabs LifeLabs is Canada's leading provider of laboratory diagnostic information and digital health connectivity systems, enabling patients and healthcare practitioners to diagnose, treat, monitor and prevent disease. We are a committed innovator in supporting Canadians to live healthier lives, operating Canada's first commercial genetics lab, and the country's largest online patient portal, with more than 8 million Canadians receiving their results online. LifeLabs has been named one of Canada's Best Employers (2021, 2022 and 2023) and Best Employers for Diversity (2022, 2023 and 2024) by Forbes, named by BrandSpark as the Most Trusted Brand in medical diagnostic services voted by Canadians (2023 and 2024) and recognized for having an award-winning Mental Health Program from Benefits Canada. Learn more at Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
Yahoo
22-06-2025
- Health
- Yahoo
Interior Health's plans to close lab in Trail, B.C. leaves mayor and residents blindsided
Interior Health plans to close its Trail medical lab on July 28, moving those employees to the hospital and the lab's services to LifeLabs, a private company, but the mayor and some residents are calling for the health authority to reconsider. The move, announced in a press release on June 13, would mean people in need of lab services such as blood tests and electrocardiograms (ECGs) will have to go to LifeLabs in Waneta Plaza, about 6 kilometres east of the Interior Health lab, which is downtown in the Trail Health Centre. Interior Health said the lab is being closed to make the best use of staffing resources and to improve testing for patients at Trail's Kootenay Boundary Regional Hospital, which serves a large area including communities from Grand Forks to Nelson. Since the announcement, CBC News has heard from the mayor and a handful of Trail residents who say they were shocked by the decision and that there was little consultation on the matter. The mayor is hoping that Interior Health will reconsider, or at least meet with the community to hear their concerns. "There was no consultation, we had no idea it was happening," Mayor Colleen Jones told CBC News, adding that staff also had little notice. Joanne Isbur, Interior Health's program director for pathology and lab medicine services, said staff will shift to the hospital to improve acute care and emergency department response. She said there are "staffing deficits" across the region, and the extra staff at the hospital will also improve services for urgent and critical patients, like cancer care and those with pre-surgical requirements. "Interior Health recognizes that this is a significant change for patients and care providers, and employees. We've provided some time for patients to transition over to the LifeLabs location," Isbur said. She pointed out that LifeLabs is working in partnership with the Provincial Health Services Authority and the Ministry of Health, so services offered through LifeLabs will still be covered under the Medical Services Plan. Resident Helen Bobbitt has antiphospholipid antibody syndrome, an autoimmune condition which can cause blood clots. She relies on the clinic for regular testing and said the move is a mistake. "I have a blood clot disorder, and if it weren't for the staff in the location of this lab, where I have to sometimes go and get last-minute lab work and have been doing so for the last 22 years, I wouldn't be able to stay on top of things," Bobbitt said. "If they (Interior Health) can do this, with no – zero – consultation, what else can they do?" She also voiced frustration about no longer having a lab located downtown, adding that the lab has been a staple in the community for more than 20 years. Mayor Jones said the infrequent bus service to the Waneta Plaza will make the location more difficult for seniors and people with mobility issues to access. On Thursday, Jones said she hopes Interior Health will reconsider the closure. She has requested a meeting with the health authority. CBC News reached out to Interior Health for comment and they said they are working on a response. Bobbit said she's also concerned about the influx of patients at LifeLabs creating long wait-times and reducing their staffing resources. She said people from several other outlying communities, like Fruitvale, about 16 kilometres east of Trail, rely on the Interior Health lab. "You're giving no choice but to drive everybody to one location that's only open from 7 a.m. to 3 p.m., with no transportation to rely on to get there safely," Bobbit said. Capacity not an issue, says Interior Health The Trail Health Centre lab saw approximately 80 to 85 patients per day over the past six months, Interior Health said, adding LifeLabs has the ability to take on these new patients. "LifeLabs developed that location to accommodate the Trail community population. They do have the capacity to meet patient volumes," Isbur said. In an emailed statement to CBC News, LifeLabs confirmed it is prepared to take on the large number of new patients, adding that the location in Trail has been open since 2023. LISTEN | Interior Health CEO speaks about staffing concerns: "We will be working closely with Interior Health to ensure a smooth transition for patients and health-care providers. We look forward to continuing to provide reliable, efficient, and trustworthy services for the community of Trail," the lab said in the statement. It added that all patients who visit LifeLabs will have access to a portal that can be used to manage appointments and view results through MyCareCompass. This is separate from the MyHealthPortal with Interior Health. LifeLabs said outpatient services will be available at Waneta Plaza, Monday to Friday from 7 a.m. to 3 p.m.
CBC
21-06-2025
- Health
- CBC
Interior Health's plans to close lab in Trail, B.C. leaves mayor and residents blindsided
Interior Health plans to close its Trail medical lab on July 28, moving those employees to the hospital and the lab's services to LifeLabs, a private company, but the mayor and some residents are calling for the health authority to reconsider. The move, announced in a press release on June 13, would mean people in need of lab services such as blood tests and electrocardiograms (ECGs) will have to go to LifeLabs in Waneta Plaza, about 6 kilometres east of the Interior Health lab, which is downtown in the Trail Health Centre. Interior Health said the lab is being closed to make the best use of staffing resources and to improve testing for patients at Trail's Kootenay Boundary Regional Hospital, which serves a large area including communities from Grand Forks to Nelson. Since the announcement, CBC News has heard from the mayor and a handful of Trail residents who say they were shocked by the decision and that there was little consultation on the matter. The mayor is hoping that Interior Health will reconsider, or at least meet with the community to hear their concerns. "There was no consultation, we had no idea it was happening," Mayor Colleen Jones told CBC News, adding that staff also had little notice. Joanne Isbur, Interior Health's program director for pathology and lab medicine services, said staff will shift to the hospital to improve acute care and emergency department response. She said there are "staffing deficits" across the region, and the extra staff at the hospital will also improve services for urgent and critical patients, like cancer care and those with pre-surgical requirements. "Interior Health recognizes that this is a significant change for patients and care providers, and employees. We've provided some time for patients to transition over to the LifeLabs location," Isbur said. She pointed out that LifeLabs is working in partnership with the Provincial Health Services Authority and the Ministry of Health, so services offered through LifeLabs will still be covered under the Medical Services Plan. Resident Helen Bobbitt has antiphospholipid antibody syndrome, an autoimmune condition which can cause blood clots. She relies on the clinic for regular testing and said the move is a mistake. "I have a blood clot disorder, and if it weren't for the staff in the location of this lab, where I have to sometimes go and get last-minute lab work and have been doing so for the last 22 years, I wouldn't be able to stay on top of things," Bobbitt said. "If they (Interior Health) can do this, with no – zero – consultation, what else can they do?" She also voiced frustration about no longer having a lab located downtown, adding that the lab has been a staple in the community for more than 20 years. Mayor Jones said the infrequent bus service to the Waneta Plaza will make the location more difficult for seniors and people with mobility issues to access. On Thursday, Jones said she hopes Interior Health will reconsider the closure. She has requested a meeting with the health authority. CBC News reached out to Interior Health for comment and they said they are working on a response. Bobbit said she's also concerned about the influx of patients at LifeLabs creating long wait-times and reducing their staffing resources. She said people from several other outlying communities, like Fruitvale, about 16 kilometres east of Trail, rely on the Interior Health lab. "You're giving no choice but to drive everybody to one location that's only open from 7 a.m. to 3 p.m., with no transportation to rely on to get there safely," Bobbit said. Capacity not an issue, says Interior Health The Trail Health Centre lab saw approximately 80 to 85 patients per day over the past six months, Interior Health said, adding LifeLabs has the ability to take on these new patients. "LifeLabs developed that location to accommodate the Trail community population. They do have the capacity to meet patient volumes," Isbur said. In an emailed statement to CBC News, LifeLabs confirmed it is prepared to take on the large number of new patients, adding that the location in Trail has been open since 2023. "We will be working closely with Interior Health to ensure a smooth transition for patients and health-care providers. We look forward to continuing to provide reliable, efficient, and trustworthy services for the community of Trail," the lab said in the statement. It added that all patients who visit LifeLabs will have access to a portal that can be used to manage appointments and view results through MyCareCompass. This is separate from the MyHealthPortal with Interior Health.
Yahoo
17-06-2025
- Business
- Yahoo
The 5 Most Interesting Analyst Questions From Quest's Q1 Earnings Call
Quest Diagnostics delivered a strong start to the year, with revenue and adjusted profit both coming in above Wall Street expectations. Management attributed the robust performance to higher sales volumes, contributions from recent acquisitions, and expanded partnerships with large enterprise accounts. CEO Jim Davis pointed to particularly strong demand in advanced diagnostics, new health plan contracts, and the successful integration of acquired businesses as key factors supporting growth. Davis also highlighted the company's ongoing efforts to improve productivity through increased automation and the deployment of artificial intelligence in laboratory operations. Is now the time to buy DGX? Find out in our full research report (it's free). Revenue: $2.65 billion vs analyst estimates of $2.62 billion (12.1% year-on-year growth, 1.3% beat) Adjusted EPS: $2.21 vs analyst estimates of $2.15 (2.9% beat) Adjusted EPS guidance for the full year is $9.68 at the midpoint, roughly in line with what analysts were expecting Operating Margin: 13%, in line with the same quarter last year Sales Volumes rose 12.4% year on year (1.5% in the same quarter last year) Market Capitalization: $20.33 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Luke Sergott (Barclays) asked about the sustainability of organic volume growth and if recent trends would persist. CEO Jim Davis explained that, after adjusting for weather and leap year effects, volume trends are consistent with the company's expectations and are tracking with late-2024 levels. Kevin Caliendo (UBS) inquired about Quest's tariff exposure and supply chain resilience. Davis stated that less than 1% of supply costs are directly sourced from China and that most critical reagents are U.S.-manufactured, minimizing tariff risks. Patrick Donnelly (Citi) questioned margin pacing for the rest of the year and the performance of LifeLabs. CFO Sam Samad confirmed that margin seasonality is expected to follow historical trends and that LifeLabs is showing steady progress toward corporate margin targets. Noah Kava (Jefferies) sought clarity on the early commercial traction and reimbursement pathway for the Haystack MRD cancer recurrence test. Davis said commercial orders have begun, with reimbursement submissions underway and additional clinical evidence expected in coming quarters. David Westenberg (Piper Sandler) asked about the financial benefits and performance indicators for Quest's collaboration with Google Cloud and use of generative AI. Samad outlined that these efforts will improve data analytics efficiency, support faster customer service, and enable AI-based tools for physicians and patients, with success measured by speed and accuracy of information delivery. In the quarters ahead, the StockStory team will be monitoring (1) the adoption rates of new advanced diagnostic tests such as the AD-Detect Alzheimer's panel and Haystack MRD, (2) progress on integration and margin improvement at recently acquired businesses like LifeLabs, and (3) efficiency gains from automation and Project Nova modernization. The evolution of enterprise partnerships and regulatory updates will also be important signposts for Quest's trajectory. Quest currently trades at $182, up from $161.98 just before the earnings. Is there an opportunity in the stock?Find out in our full research report (it's free). Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
