What is Tri Cities Laboratory?
Tri Cities Laboratory, established in 1981 and based in Pasco, Washington, operates as a vital medical clinic. The organization extends its services through a network of health centers, dedicated to serving the healthcare needs of the Pasco community and surrounding regions. Its long-standing presence highlights a commitment to accessible healthcare delivery.
How much funding has Tri Cities Laboratory raised?
Tri Cities Laboratory has raised a total of $9.4M across 2 funding rounds:
Debt
$2M
Grant
$7.4M
Debt (2020): $2M with participation from PPP
Grant (2021): $7.4M led by American Rescue Plan
Key Investors in Tri Cities Laboratory
PPP
Public-Private Partnership
American Rescue Plan
This signifies backing from a governmental initiative aimed at economic recovery and public welfare, aligning with the company's role in community health.
What's next for Tri Cities Laboratory?
The recent major strategic investment positions Tri Cities Laboratory for significant expansion and enhanced service capabilities. This substantial capital infusion, part of its overall $9.4M in financing, suggests a strategic focus on scaling operations, potentially through expanding its network of health centers, adopting advanced medical technologies, or broadening its service offerings. The enterprise-level backing points towards a trajectory aimed at solidifying its market position and increasing its impact on community health.
See full Tri Cities Laboratory company page
