Heartland Health Laboratories, Inc

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Heartland Health Laboratories, Inc - overview

Established

2004

Location

Lenexa, KS, US

Primary Industry

Healthcare

About

Heartland Health Laboratories, Inc. specializes in high complexity diagnostic testing, offering essential healthcare services tailored to individual and institutional needs while ensuring timely and accurate health assessments. Heartland Health Laboratories, Inc. was founded in 2004 and is based in Lenexa, Kansas, US.


The company focuses on high complexity diagnostic testing. In April 2025, Principle HS, LLC, a portfolio company of Platform Partners, acquired Heartland Health Laboratories, Inc. Financial terms were not disclosed. The founder's history is not available, and there are no mentions of prior ventures or subsidiaries.


Heartland Health Laboratories, Inc. specializes in high complexity diagnostic testing, providing a diverse array of services designed to meet various healthcare demands. Their core offerings include long-term care services, employee health services, and direct-to-consumer testing. There is a significant emphasis on wellness panels, hormone testing, and travel-related health screenings, facilitating timely health assessments for both individual consumers and healthcare providers.


Heartland Health Laboratories enhances client experiences through accessible technology and secure web access for 24/7 results, primarily targeting healthcare institutions, physicians' offices, and individual consumers requiring reliable laboratory testing services. Heartland Health Laboratories generates revenue through a structured model that includes direct transactions with healthcare providers, businesses, and individual consumers. The B2B framework allows healthcare organizations and physician offices to utilize the laboratory's services for patient testing, benefiting from scheduled route services and phlebotomy options. The company also provides concierge services to cater to specific client needs.


Revenue is derived from various testing options, including flagship services such as COVID-19 and respiratory disease testing, wellness panels, and hormone testing, with pricing structures tailored to meet the needs of both institutional clients and individual patients. Heartland Health Laboratories, Inc. plans to expand its services and reach within the Midwest market following its acquisition by Principle HS, LLC in April 2025. The company's future growth strategy includes introducing new products targeted at enhancing diagnostic testing options, although specific product launch dates have not been disclosed.


The recent acquisition will enable the firm to accelerate its growth phase and expand its offerings in this region.


Current Investors

Principle HS, LLC

Primary Industry

Healthcare

Sub Industries

Hospitals, Diagnostic, Medical & Imaging Laboratories

Website

www.heartlandhealthlab.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Heartland Health Laboratories, Inc - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedHeartland Health Laboratories, Inc-

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