Predict your next investment

Elite Diagnostics company logo
Corporation
HEALTHCARE | Medical Information
elitediagnostics.com

See what CB Insights has to offer

About Elite Diagnostics

Elite Diagnostics is a collection of C-Suite, Director, and Manager level talent from a Top 5 national toxicology reference laboratory. Elite Diagnostics was founded to pass toxicology lab knowledge onto smaller, physician-owned in-house labs as well as regional reference labs.

Elite Diagnostics Headquarter Location

9731 Southern Pine Blvd # J,

Charlotte, North Carolina, 28273,

United States

980-365-8761

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Elite Diagnostics Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

Elite Diagnostics Rank

Latest Elite Diagnostics News

Lighthouse Lab Services Merges with Elite Diagnostics, Expands Offerings, Including COVID-19 Test Validation

Mar 18, 2020

Lighthouse Lab Services, a medical laboratory consulting, staffing and recruiting company based in Holly Springs, has finalized a merger with Elite Diagnostics , a healthcare consulting and management firm in Charlotte. NaviMed Capital, a Washington, D.C.-based healthcare-focused private equity firm, approached the two North Carolina companies, who often competed against one another for projects, about combining their efforts into one lab management consulting company focused on the clinical diagnostic arena. Jon Harol, who founded Lighthouse Labs in 2003, serves as president of the new company. “Our mission is to make quality lab testing more accessible,” said Harol. He said that by combining the two companies’ strengths, the new entity will be able to expand their capabilities as they serve more than 300 laboratories across the country. The merged company, with 80 employees, now operates as Lighthouse Lab Services and Elite Diagnostics, but will move to one brand later this year. Lighthouse will continue to operate out of its three offices in Holly Springs. Elite plans to double in size and move to a larger space in Charlotte in the next few months. Mark Roth, founder of Elite Diagnostics, serves as the new company’s chief executive officer. Lighthouse and Elite provide advisory and management services to clinical, medical, and industrial laboratories. Their offerings include assisting with licensure, regulatory compliance and accreditation. They also offer lab management and staffing solutions via their database of more than 180,000 laboratory professional résumés including those of Ph.D. and masters-level analytical chemists, pharmacologists, toxicologists and lab scientists. “Labs are responsible for 75% of the data behind medical decisions,” said Harol. “Yet, only 2.6% of healthcare spend is dedicated to laboratory testing.” He said Lighthouse Lab Services and Elite Diagnostics want to improve healthcare by removing barriers and inefficiencies. COVID-19 test kits could impact direct-to-consumer lab testing John Harol Examples of the barriers that labs can experience were obvious with the coronavirus test kits initially distributed by the Centers for Disease Control and Prevention. Harol said many labs were unable to administer the tests because they did not have the necessary equipment and there was a shortage of supplies. As a result of those inefficiencies, the Food and Drug Administration has issued new guidelines allowing private companies to begin marketing COVID-19 test kits. Harol said it will be interesting to see how direct-to-consumer coronavirus test kits might influence other lab testing. Lighthouse Labs and Elite Diagnostics have signed their first three coronavirus testing validation projects and have several more pending.

Elite Diagnostics Acquisitions

1 Acquisition

Elite Diagnostics acquired 1 company. Their latest acquisition was Lighthouse Labs Services on March 18, 2020.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

3/18/2020

Merger

1

Date

3/18/2020

Investment Stage

Companies

Valuation

Total Funding

Note

Merger

Sources

1

Elite Diagnostics Team

2 Team Members

Elite Diagnostics has 2 team members, including current Founder, Chief Executive Officer, Mark Roth.

Name

Work History

Title

Status

Mark Roth

Physician's Choice Laboratory Services, and LabCorp

Founder, Chief Executive Officer

Current

Megan Younts

Chief Operating Officer

Current

Name

Mark Roth

Megan Younts

Work History

Physician's Choice Laboratory Services, and LabCorp

Title

Founder, Chief Executive Officer

Chief Operating Officer

Status

Current

Current

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.