Dynacare

Dynacare is a medical laboratory services company based in Brampton, Ontario, Canada.[1] Dynacare operates laboratories in Brampton, Bolton, Bowmanville, London, Ottawa, Thunder Bay, Pointe-Claire, Laval, and Winnipeg. In addition to the main laboratories Dynacare operates patient services centers throughout Ontario, Quebec, Manitoba, Saskatchewan and Alberta.[2] British Columbia, Although many locations are also closing such as in Kingston, Orillia, and Winnipeg.

Dynacare
Partnership
Traded asDynacare
IndustryHealth Care
Founded1997 
Headquarters
Brampton, Ontario
,
Canada
ServicesClinical Laboratory
Number of employees
2500
Websitedynacare.ca
Dynacare in Markham, Ontario

In Ontario, a mix of service providers perform lab testing, but hospital laboratories make up 47 per cent of the market, and community laboratories, run by private corporations, account for another 46 per cent, according to the Auditor General of Ontario’s 2017 annual report.

Dynacare has the second largest with a marketshare ($194.7 M revenue) of 30.4%, second to Lifelabs who is by far the largest. Lifelabs is a Canadian company that was established in 1958 and has ($404.1M revenue) and a leading 63.11% marketshare, which is over double that of Dynacare's. Together they compose the lionshare of the privatized Lab market.

Dynacare is an operational partnership founded in 1997 as Gamma-Dynacare between: Dynacare Laboratories; Gamma North Peel Partnership Inc.; and Bio-Science Laboratory (Ontario) Limited.[2][3] In 2002 Dynacare Laboratories (one of the Dynacare partners) was acquired by LabCorp, a U.S. company, for $480-million (U.S.) while also assuming Dynacare debt worth $205-million.[4] In 2015, it rebranded itself back to Dynacare.[5]

In 2011 Dynacare acquired the medical laboratory division of Warnex Inc. (TSX:WNX) for $7.5 Million.[6]

Awards

2013

2012

2011

2010

2009

2003
  • Company of the Year by the Greater Ottawa Chamber of Commerce [3]

2002
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gollark: Clearly your perceptions don't track with other people's on this.
gollark: People enjoy novelty somewhat?

References
  1. "Company Overview of Gamma Dynacare Medical Laboratories, Inc". Bloomberg Businessweek. May 8, 2013.
  2. Gamma-Dynacare Backgrounder
  3. Gamma-Dynacare History
  4. "Dynacare accepts offer from LabCorp". The Globe and Mail. May 10, 2002.
  5. Corporate press release on name change
  6. "Warnex sells lab division". Winnipeg Free Press. Dec 10, 2011.
  7. "The GTA's 95 top employers for 2013". The Globe and Mail. Nov 19, 2012.
  8. CanadasTop100.com - Toronto
  9. CanadasTop100.com
  10. "Full list of Canada's Top 100 Employers for 2010". The Globe and Mail. Oct 9, 2009.
  11. "The honour roll, Is your company among the GTA's Top 75 Employers?". Toronto Star. Oct 18, 2008.


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