Laboratory Corporation of America Holdings (LabCorp) was founded in 1978 as National Health Laboratories Incorporated, a division of Revlon Health Care Group.
In 1988 National Health Laboratories was spun-off from Revlon, with Revlon retaining 24% ownership for the following six years.
By 1990 the company had reached $500 million in revenue.
Today LabCorp is a top provider of clinical laboratory services, providing 470,000 tests per day for hospitals, doctors, government agencies, employers, and drug companies.
Laboratory Corporation of America Holdings is publicly traded on the New York Stock Exchange under the ticker symbol LH, is a member of the S&P 500, is #443 in the Fortune 500, has 52,000 employees, and had $8.55 billion in revenue in 2015.