BioReference Laboratories Named as Preferred Laboratory with Horizon Healthcare Services Serving Members of Horizon Healthcare Services, Inc.

MIAMI, FL NOVEMBER 8, 2018 — BioReference Laboratories, Inc. (BRL), an OPKO Health company and the third largest clinical laboratory in the United States, will remain an in-network provider with Horizon Health Services, Inc. (Horizon), New Jersey’s oldest and largest health insurer. After an extensive evaluation of its laboratory network, BRL will remain a preferred laboratory in the Horizon PPO network. The contract includes BRL’s subsidiary GeneDx, a genetics laboratory that specializes in rare and inherited disorders.

“Lab testing is an integral part of the patient health care experience, as physicians rely on timely and accurate results to make important diagnostic and treatment decisions,” said Allen Karp, Executive Vice President for Healthcare and Transformation Management for Horizon Healthcare Services, Inc.. “Continuing our relationship with BioReference will give physicians flexibility to assign lab work in ways that help them achieve value-based goals, such as better managing the care of their patient population.  Horizon members benefit because an expanded network can mean quicker and easier access to the lab of their choice. Having three national labs participating in our networks also means that Horizon can more cost-efficiently manage the 20 million lab claims we see in an average year as ‘in-network,’ which will help keep costs low for our members,” Karp said.

Headquartered in Elmwood Park, NJ, BRL remains an in-network, preferred lab with the largest health insurer in the state. The agreement provides Horizon members with PPO and Traditional plans with convenient access to BRL’s and GeneDx comprehensive laboratory testing menu and broad network of regional patient service centers. Additionally, using BRL and GeneDx will help lower patients’ out-of-pocket expenses for diagnostic testing services.

“We are thrilled to continue our relationship with Horizon, and proud to remain a preferred laboratory in the Horizon network,” said BioReference General Manager Geoff Monk. “We look forward to continuing to provide services to Horizon members in New Jersey, Pennsylvania and New York.”

The new agreement is effective January 1, 2019 and includes all PPO and Traditional plans in the Horizon network.

About BioReference Laboratories, Inc.

BioReference Laboratories is the nation’s third largest clinical laboratory offering a comprehensive list of laboratory testing services utilized by to physicians, clinics, and hospitals in the detection, diagnosis, evaluation, monitoring and treatment of disease. The company operates a network of 11 laboratory locations across the U.S., nearly 200 Patient Service Centers and a courier dispatch service to manage specimen pickup. BioReference provides state-of-the-art connectivity solutions including the ability to interface with all EMRs, and data analytics to help improve office efficiency. For more information, visit www.bioreference.com.

About Horizon Healthcare Services, Inc.

Horizon Healthcare Services, Inc., New Jersey’s oldest and largest health insurer, is a tax-paying, not-for-profit health services corporation, providing a wide array of medical, dental, and prescription insurance products and services. Horizon Healthcare Services, Inc. serves 3.8 million members with headquarters in Newark and offices in Wall, Mt. Laurel, and West Trenton. Learn more at www.HorizonBlue.com.