Empower Clinics achieves major milestone in completing expansion of Kai Medical Laboratory

Empower Clinics Inc announced that it has achieved a major milestone in completing the expansion of its recently acquired Dallas, Texas-based Kai Medical Laboratory, which operates accredited labs that provide reliable and accurate testing solutions for hospitals, clinics, pharmacies, and employer groups.  Empower, which is one of the largest operators of medical health and wellness centers in the US, acquired Kai with its 8,000-square-foot medical lab and covered drive-up testing center on October 6, 2020. Empower has been able to expand the impact of its integrated health model via a successful pivot towards the coronavirus (COVID-19) testing space through Kai Medical Laboratory.  “Since the fourth quarter of 2020, Kai Labs has been a consistent revenue driver for the company by meeting the needs of enterprise clients focused on cultivating a safer work environment,” said the company. Kai Labs has also yielded promising growth for Empower Clinics in 2021.  READ: Empower Clinics completes acquisition of Kai Medical Lab to advance coronavirus testing programs "I'm immensely proud [of] the Kai Lab team for completing this monumental expansion," Empower Clinics CEO Steven McAuley said in a statement. "This endeavor has unleashed Kai Lab's full potential to become a leader in both enterprise and direct-to-consumer testing, a matter of utmost important as individuals and businesses prepare for another flu season." In addition to expanding the volume of current testing services, the company said the milestone brings “new product and service offerings to Kai Labs, such as dried blood spot card-based testing, vitamine, and hormone testing.” Empower said Kai Labs has “invested in its future beyond the COVID-19 pandemic by augmenting its research and development endeavors” and its ability to collect a variety of specimen samples for testing. New testing offerings will include saliva and swab-based testing, respiratory pathogen panel, urinary tract and sexually transmitted infections testing. A ceremony to launch the expanded Kai Labs is slated for Fall 2021. "After months of hard work, I'm thrilled to see the successful completion of Kai Lab's crucial expansion," said Yoshi Tyler, founder and President of Kai Labs. "Through the leadership and expertise of the Empower team, we continue to make strides in meeting the demands of North America's healthcare space." Contact the author Uttara Choudhury at uttara@proactiveinvestors.com Follow her on Twitter: @UttaraProactive