LabCorp extends contract with CIGNA HealthCare
Burlington's Laboratory Corporation of America Holdings has renewed a multi-year clinical lab services contract with CIGNA HealthCare, according to a news release.
Under the terms of the deal, LabCorp will remain a contracted provider in all CIGNA markets. And starting Jan. 1, the Burlington-based company will no longer be restricted from advertising its full participation as an in-network provider for CIGNA.
"This agreement is important because we will no longer be prohibited from marketing to doctors and patients that we are a participating, in-network provider to all CIGNA HealthCare members and plans in all major markets," David P. King, LabCorp's president and chief executive officer, said in the news release. "We welcome the opportunity to compete for CIGNA HealthCare business on a level playing field with all other contracted laboratories."