Theranos : A Medical Laboratory And Health Service Company

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Theranos Wingho Chan Professor Jacob Robbins Business Communication Drexel University 03/12/2015 Abstract Theranos is a medical laboratory and health service Company that is based in California. The company was established in 2003 by a young lady by the name Elizabeth Holmes who had the passion of transforming the health care industry to better. The main focus of the company was to decrease the size of small blood sample that is taken out of the patient. The company developed a method where a drop of blood was the maximum size of the blood sample that was used to give many results. This means that the blood sample is a drop of blood that is taken out of figure and the patient is supposed to give out the blood only ones because the drop of blood is used in all the other testing irrespective of their number. On top of that, the company has improved on the efficiency of its operations, it has reduced the cost of blood test dramatically and it has made the blood test process to be faster. Introduction A recent survey on medical care indicated that 30 percent of the people fear to attend hospitals despite their illness because of big needles in the hospitals and the amount of blood that is drawn out of their body in case of blood test. Theranos medical laboratory health Service Company has brought to an end this problem. Theranos is a medical laboratory company that is based in California. The company was established by a young lady by the name Elizabeth Holmes. Holmes

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