Ep 36: Why Hospitals Are Selling Profitable Labs to Survive

Summary Guest: Melissa Butterworth, CEO of Advanced Strategic Partners Overview: Hospitals are under extreme financial pressure—but what if the answer to their budget woes is sitting right inside their own labs?  In this eye-opening episode, Melissa Butterworth—who's led over $2.4 billion in lab transactions—joins Bradley to explore the growing trend of health systems divesting lab assets. Together, they unpack: Why hospitals are selling even profitable lab outreach operations How to accurately assess the real value of a lab business What happens post-sale—and how to unlock even more value with AI-powered lab insights. Chapters:  04:30 Melissa's story: from LabCorp exec to M&A powerhouse 07:20 Why lab outreach programs are being sold off—even with 40%+ margins 10:50 "Compressed value": What hospital labs are really worth to buyers like LabCorp or Quest 15:40 The rise of AI in lab-driven personalized medicine 17:45 Predicting Alzheimer's from routine labs? It's already happening. 17:55 The Role of Labs in Future Healthcare Key Quote:  "It's just as hard to play small as it is to play big. So why not go big?" – Bradley Bostic