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John Muir Health to sell MuirLab business to LabCorp, lay off 540
San Francisco Business Times

John Muir Health, a two-hospital system in Walnut Creek and Concord, is selling its MuirLab clinical lab business to LabCorp. Terms were not disclosed, but the sale would result in 540 MuirLab jobs being eliminated, although roughly one in three of them may move over to LabCorp, also known as Laboratory Corporation of America (NYSE: LH).