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Denver-based UniPath affiliates with American Pathology Partners 
January 7, 2009 - Denver, Colorado and Brentwood, Tennessee
American Pathology Partners (APP), a national pathology services company based in Brentwood, Tennessee and UniPath, LLC, a leading full-service pathology laboratory in Colorado, announced today that they have entered into a strategic alliance effective December 31, 2008. The two companies share a common commitment to excellence in diagnostic testing and service to clients.
“We are delighted to have such a highly respected laboratory as our partner,” said Bob Yeager, APP’s chief executive officer. “This partnership advances APP's vision of joining with the country’s top pathologists, aligning incentives and working together to improve the delivery of exceptional care.”
"UniPath and American Pathology Partners share a deep commitment to providing the highest quality diagnostic service to both physicians and their patients," said Michael Venrick, M.D., UniPath’s Medical Director. "This partnership will accelerate our mission of becoming the leader in the innovative delivery of quality diagnostic information in the timeliest manner.".
About UniPath:UniPath, LLC is a leading provider of anatomic pathology and esoteric testing within the Rocky Mountain Region. The company operates a state-of-the-art, 40,000 sq. ft. independent central laboratory in Denver, as well as on-site laboratories in 11 hospitals in Colorado. UniPath has amassed expertise in all pathology subspecialties and is recognized within the pathology industry as providing premier diagnostics, innovative technology and superior service levels. UniPath, P.C., with its 25 highly-trained board-certified pathologists, including 19 pathologist owners, will continue to provide professional pathology services to the laboratory post-closing under an exclusive long-term arrangement. www.unipathdx.com
About American Pathology Partners:American Pathology Partners, Inc. (APP) is a national, private diagnostic testing, technology and services provider based in Nashville, Tennessee. The company was formed in 2008 by healthcare industry veterans Marty Rash and Bob Yeager with pathology industry specialists Thanasis Papaioanu and Ed Dooling, and is backed by New Enterprise Associates, a leading venture capital firm. APP operates anatomic pathology laboratories in partnership with pathologists to improve the quality of diagnostic testing, technology capabilities and services that patients and doctors need to make better healthcare decisions. The company offers a broad array of services to its partner labs, including: management support, access to capital, strategic planning, sales and marketing, information technology, operational enhancements, managed care contracting, and purchasing. www.ap2.com
About New Enterprise Associates:New Enterprise Associates, Inc. (NEA) is a leading global venture capital firm with more than $8.5 billion in committed capital. For over 30 years, NEA has helped entrepreneurs build strong businesses for the long term, funding more than 650 companies in the technology and healthcare sectors. NEA, which has ranked consistently among the top firms in portfolio IPOs every year, has backed more than 160 companies that have gone public, and has invested in more than 240 companies that have been successfully merged or acquired. www.nea.com
Contacts:
Robert Yeager, Chief Executive Officer
American Pathology Partners, Inc.
(615) 916.3200
Tricia Hughey, Chief Executive Officer
UniPath, LLC
(303) 512-0888
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