Laboratory Services Expected to Commence by July and Ramp Up to Process 1,000 Samples per Month
Milton, GA (GLOBE NEWSWIRE) - Attis Industries, Inc. (NASDAQ: ATIS) (the “Company” or “Attis”), an integrated technology and innovations holding company, today announced that it has entered into an agreement with Macon County General Hospital, a rural community hospital located in Lafayette, Tennessee, to assist in the operation of a new and improved hospital laboratory.
Laboratory services are an integral part of patient care that impact approximately 70% of medical decisions and comprise more than 80% of a patient's medical record. Chronic disease can be largely preventable through the appropriate screenings and a close partnership with the patient’s healthcare team. Early detection and treatment can save money on healthcare costs and prevent further health problems,
Attis Healthcare, a division of Attis Industries, and its team of seasoned healthcare professionals will assist the hospital in expanding their existing state-of-the-art hospital laboratory. Laboratory processing equipment has arrived in the Macon County General Hospital and they anticipate they will begin processing samples in the next 45 to 60 days. A hospital laboratory of this size can typically process, on average, upwards of 1,000 samples per month, once it is fully functioning.
The partnership between Attis Healthcare and the hospital will result in a profitable, highly functioning hospital laboratory that will provide improved health care for the citizens of Macon County. “Partnering with our hospital lab helps create jobs locally, improve hospital and community economics, and promote population health. In today's healthcare market, it is important for community hospitals to find new, innovative ways to improve hospital economics through partnerships and outsourcing,” stated Scott Tongate, Chief Financial Officer of Macon County General Hospital.
“The partnership with Macon County General Hospital is one of several partnerships with rural hospitals as we continue to expand our healthcare division across the country,” stated Jeff Cosman, CEO of Attis Industries. “Our services and business model are about making healthcare costs efficient for healthcare systems, communities and employers across the country, while also delivering improved patient care to the hospital's community and helping Attis and its partner hospitals fulfill their mission of delivering solutions to underserved communities across the nation.”
Attis Industries, Inc.
Attis Industries, Inc. (NASDAQ: ATIS) is a holding company defined by our commitment to servicing our customers with unwavering respect, fairness and care. We are focused on finding and implementing solutions for the resource needs and challenges of our customers with a fundamental objective to seek rewarding solutions through technology and innovation. Our healthcare business centers on creating community-based synergies through collaborations and software solutions. Our innovation business strives to create value from recovered resources. For more information, visit: www.attisind.com
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SOURCE: Attis Industries, Inc.