Innovative Pathology Services Joins Carilion Labs

ROANOKE, Va., (January 7, 2008) Carilion Labs, an affiliate of Carilion Clinic, is pleased to announce the acquisition of Innovative Pathology Services (IPS), a premier Anatomic Pathology and Cytology Laboratory based in Knoxville, TN. IPS is the largest anatomic pathology services laboratory in East Tennessee with a 39 year history of service to the region. Anatomic pathology and Cytology laboratories test tissue samples for evidence of diseases such as cancer and cystic fibrosis. Early detection through testing can have a significant impact on patient treatment and outcomes. Carilion Labs, a subsidiary of Carilion Clinic, based in Roanoke, VA, currently provides laboratory services in Virginia, Tennessee and North Carolina, with laboratory facilities in Roanoke and Charlotte.

“Bringing IPS into Carilion Labs will enhance our ability to provide our patients with the highest quality pathology and cytology services”, said Bud Thompson, CEO of Carilion Labs. “In addition, current IPS customers will now have access to a full range of laboratory services from one convenient source.”

“IPS and Carilion Labs share a commitment to quality, service and innovation”, said Stephen Swanger, MD, Medical Director for IPS Anatomic Pathology Laboratory. “Joining with Carilion Labs will help us grow to meet our patient’s needs, while maintaining the independence that sets IPS apart from other providers.”

Both Carilion Labs and IPS are committed to a seamless transition for patients, who will benefit from a broader range of services from a single source.