Bio-Reference Laboratories, Inc. Named to the 2004 Forbes List of the 200 Best Small Companies
Bio-Reference Laboratories, Inc. (NASDAQ:BRLI) announced today that Forbes Magazine has ranked BRLI #26 in its 2004 annual list of the top 200 Best Small Companies, released in the October 2004 issue of the Forbes magazine.
This is the first year that Bio-Reference Laboratories, Inc. has appeared on the list. The magazine selected its candidates based on their pattern of positive growth during a five-year period as well as the last 12 months. They selected qualifying companies based on their sales in a $5 million to $750 million range along with net profit margins greater than 5% and share prices above $5 as of October 1 of this year.
This is the third national publication to rank BRLI near the top of its list of outstanding small companies. Earlier this year, BRLI was ranked #6 in the 2004 Fortune Small Business list of 100 of America’s Fastest-Growing Small Public Companies and #16 in the 2004 BusinessWeek list of the 100 Best Small Companies.
About Bio-Reference Laboratories, Inc.
The Company is the largest independent regional clinical laboratory in the Northeast and has major market positions in physician offices, nursing homes and correctional institutions. The Company is a full service clinical laboratory with specialty capability, especially in the areas of genomics, oncology, correctional health, and complimentary medicine. PSIMedica, a business unit of the Company, is a clinical knowledge management (CKM) organization offering an array of information solutions for reducing healthcare costs and improving quality performance that are based on a flexible, scalable software analytical engine that utilizes all available source information, including claims data, enrollment data, prescription data and laboratory data. The Company provides a comprehensive connectivity solution to physicians, which includes disease management, laboratory reporting and ordering, as well as claims and eligibility processing through CareEvolve, its web-based healthcare portal.
