LabCorp 2013 Annual Report Download - page 5

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1
TO OUR SHAREHOLDERS
As I reļ¬‚ ect on the operating
environment for LabCorp in 2013
and beyond, I might sum up my
thoughts by paraphrasing the
writer and scientist Isaac Asimov:
continuing, inevitable change is
the dominant factor in healthcare
today. No sensible decision can be
made any longer without taking
into account not only the world
as it is, but the world as it will be.
The world as it will be in healthcare
will involve a relentless drive to
improve quality, reduce costs,
provide care in the lowest acuity
site and reward good outcomes.
Through disciplined focus on
our mission ā€“ to be a trusted
knowledge partner for our
stakeholders ā€“ we have
positioned LabCorp to succeed in
this continually changing environ-
ment. In fiscal 2013 we made
great progress toward fulfilling
that mission through execution
of our five-pillar strategy.
David P. King,
Chairman and Chief Executive Oļ¬ƒ cer