Solstas Lab Partners continues its acquisition play with the purchase of Oracle Diagnostic Laboratories of Davie, Florida, expanding its laboratory footprint into South Florida. 

"The purchase of Oracle gives Solstas an entrée into one of the largest and most diverse markets in the country," said Solstas CEO, David Weavil. "More importantly is that Oracle is a partnership-based and patient-focused laboratory that has a rich history of client care, which fits the Solstas model perfectly."

 A regional lab with a strong track record of record of client retention and solid organic growth, Oracle Diagnostics was a natural fit for Solstas' expansion. The South Florida-based laboratory will continue to deliver clinical testing services under the Solstas brand banner but with an expanded test menu (particularly in the areas of pathology), and provide Solstas with a broad range of current physician and hospital clients.

"This acquisition makes sense for Solstas in a number of ways - geographically, financially and culturally," said Weavil.