Glassdoor Labcorp (2024)

FAQs

Is LabCorp easy to work for? ›

Labcorp has an employee rating of 3.5 out of 5 stars, based on 9,640 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Labcorp employee rating is in line with the average (within 1 standard deviation) for employers within the Healthcare industry (3.5 stars).

Professional Tone:-

I am interested in working at LabCorp.com because it is a leading provider of diagnostic, drug development, and technology-enabled solutions. The company's focus on improving patient care and outcomes aligns with my own career goals.

Labcorp is a leading global life sciences company. With a mission to improve health and improve lives, Labcorp delivers world-class diagnostic solutions, brings innovative medicines to patients faster and uses technology to improve the delivery of care.

Through our unparalleled diagnostics and drug development capabilities, we provide insights and accelerate innovations to improve health and improve lives. With over 80,000 employees, we serve clients in more than 100 countries. Labcorp (NYSE: LH) reported revenue of $14.9 billion in 2022.

They do performance reviews and you able to get a raise every year based on your performance.

Employee Ratings

Labcorp scored higher in 9 areas: Overall Rating, Culture & Values, Diversity & Inclusion, Work-life balance, Senior Management, Career Opportunities, CEO Approval, Recommend to a friend and Positive Business Outlook. Both tied in 1 area: Compensation & Benefits.

Laboratory Corporation of America Holdings, more commonly known as Labcorp, is an American healthcare company headquartered in Burlington, North Carolina. It operates one of the largest clinical laboratory networks in the world, with a United States network of 36 primary laboratories.

Labcorp struck a deal Thursday to acquire clinical diagnostics, reproductive and women's health testing assets from Bioreference Health, a subsidiary of Opko Health, for $237.5 million. Bioreference is retaining nationwide oncology and urology diagnostic services and all of its operations in New York and New Jersey.

9, 2023-- Labcorp (NYSE: LH), a leading global life sciences company, today announced that the new company to be formed by the planned spin-off of its Clinical Development business will be known as Fortrea.

Over the years, the two largest commercial clinical diagnostic laboratory companies in the U.S., and probably the world, have been Laboratory Corporation of America known as LabCorp, and Quest Diagnostics. For years, Quest was the largest, but LabCorp took over that spot a few years ago.

Who competes with Labcorp? ›

The Burlington, North Carolina-based company reported total revenue of $3.18 billion, topping estimates of $3.12 billion. On an adjusted basis, Labcorp reported first-quarter profit of $3.68 per share, beating expectations of $3.48 per share.

Typically, it takes about 2 to 4 days from the date of pickup of a specimen to the release of the test result. Your result will be delivered directly to your Labcorp Patient™ account as soon as it is available. If you don't have an account, create one now to see your result when it becomes available.

It depends on the test. Some tests, like the lipid panel, require a 12-14 hour fasting period. When fasting is required, only black coffee (no cream or sweetener) and water are permitted. Some tests have other special instructions, which are noted on the description of each test.

Routine Labwork

All Labcorp patient service centers offer routine specimen collections for adults, which can include blood work draws and urine collection. Learn more about what to expect when you visit a Labcorp patient service center, or obtain information about preparing for your lab testing.