Principle Health Systems
- Company typePrivate
- Founded2016
- HeadquartersHouston, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
Principle Health Systems firmographics
Firmographics- Name
- Principle Health Systems
- Website
- https://principlehs.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Principle Health Systems industry classification
Industry- Product category
- Mobile Diagnostic Services
- NAICS
- Medical and Diagnostic Laboratories (6215), Medical and Diagnostic Laboratories (62151)
- SIC
- Services-Medical Laboratories (8071), In Vitro & In Vivo Diagnostic Substances (2835), Services-Home Health Care Services (8082)
- akta.pro industry
- Remote Diagnostics & Point-of-Care (Connected Testing, Home Lab Devices)Remote Diagnostics & Home Testing Devices (Connected POC/At-Home Diagnostic Readers)Healthcare & Life Sciences/Medical Devices & Diagnostics/Patient Monitoring, Wearables & Remote Diagnostics
Keywords
Where Principle Health Systems is headquartered
LocationHeadquarters
- HQ city
- Houston
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Principle Health Systems business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Infrastructure, Marketing or Sales, Technology or R&D
Revenue model
- Mobile Laboratory and Diagnostic Services: The company generates revenue by providing mobile laboratory and diagnostic services to long-term care facilities. Services include testing and imaging delivered at the bedside, eliminating the need for patient transport to offsite facilities. The acquisition strategy enhances these service capabilities.
Go-to-market motion2 records
Distribution channels1 record
Principle Health Systems product offering
Product offeringCore offering
Principle Health Systems provides mobile laboratory and diagnostic services delivered directly to long-term care facilities. The company offers coordinated bedside testing and imaging services to skilled nursing and rehabilitation centers across the Southern and Central United States, eliminating the need for patient transport to offsite facilities. Its capabilities are augmented by acquired laboratory brands BioStat Laboratory and Telos PGx, providing enhanced laboratory and pharmacogenomic testing services.
Product overview
Principle Health Systems operates as a mobile laboratory and diagnostic services provider serving long-term care facilities across the Southern and Central United States. The company provides a unified platform of bedside diagnostic services, combining in-house capabilities with acquired laboratory assets (BioStat Laboratory, Telos PGx) and mobile diagnostic platforms. Their offering centers on delivering coordinated laboratory testing and diagnostic imaging directly to skilled nursing and rehabilitation centers, eliminating the need for patient transport to offsite facilities.
Differentiator
Problem solved
Functional benefit
Products and services
- Mobile Laboratory and Diagnostic Services
- BioStat Laboratory Services
- Telos PGx Pharmacogenomic Testing
Quantifiable outcome
- Reduces need for patient transport to offsite facilities
- +1 more outcomes
Companies that use Principle Health Systems
Customer profileNamed customers2 records
Segments2 records
Ideal customer profiles2 records
Principle Health Systems technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Principle Health Systems partnerships and signals
Strategic signalScale indicators2 records
Recent moves5 records
Expansion highlights5 records
Principle Health Systems competitors and assessment
Company assessmentBroad incumbents
- BioReference Laboratories: Regional-to-national clinical laboratory offering routine and specialty diagnostics (including PGx and molecular) to SNFs and physician practices; comparable on the lab-services side, though it lacks Principle's mobile-bedside orientation.
- Quest Diagnostics: Diversified national clinical lab operator with established LTC and post-acute accounts; represents both an existing competitor for routine testing and a potential consolidator of regional mobile diagnostics platforms like Principle.
- Sonic Healthcare USA: Global clinical laboratory operator with US operations serving skilled nursing and post-acute providers; competes for the same LTC diagnostic ordering and could acquire regional mobile operators to extend reach.
- Labcorp: One of the two dominant US clinical laboratory incumbents, already serving LTC operators from centralized labs and the most likely large-scale entrant into bedside mobile diagnostics if it chooses to vertically extend.
Direct peers
- Schryver Medical: Mobile diagnostic and laboratory services provider focused on skilled nursing facilities and post-acute care, offering bedside phlebotomy, imaging, and pharmacy services — a direct analog to Principle Health Systems' bedside-diagnostics model.
- MobilexUSA: Mobile diagnostic imaging and laboratory services provider focused on long-term care and post-acute facilities — overlapping end market (SNF/rehab) and bedside service model with Principle Health Systems.
- TridentUSA Health Services: National mobile diagnostics provider serving LTC, SNF, and post-acute customers with mobile radiology, ultrasound, and laboratory services — the largest scaled pure-play in mobile diagnostics to the same LTC customer base.
Emerging players
- Aegis Sciences Corporation: Specialty clinical laboratory focused on pharmacogenomics, toxicology, and infectious disease testing serving similar provider and LTC-adjacent customer bases; comparable in specialty diagnostic menu to the PGx arm of Principle.
- OneOme: Pharmacogenomics (PGx) testing services provider — directly comparable to Principle Health Systems' Telos PGx subsidiary in modality, customer overlap (LTC and prescriber networks), and clinical use case.
- GeneDx: Specialty diagnostics laboratory offering genetic and pharmacogenomic testing to clinicians; comparable on specialty/PGx test mix overlapping with Telos PGx, although primary channel is broader than LTC.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
Principle Health Systems social profiles
Digital presencePrinciple Health Systems financial estimates
Financial estimateRevenue estimate
Valuation estimate
Principle Health Systems leadership team
Management profileNumber of profiles
Profiles1 record
Principle Health Systems subsidiaries and ownership
Company hierarchySubsidiaries2 records
Principle Health Systems funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Principle Health Systems M&A and investment
M&A and investmentM&A3 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Principle Health Systems
What does Principle Health Systems do?
Principle Health Systems provides mobile laboratory and diagnostic services delivered directly to long-term care facilities. The company offers coordinated bedside testing and imaging services to skilled nursing and rehabilitation centers across the Southern and Central United States, eliminating the need for patient transport to offsite facilities. Its capabilities are augmented by acquired laboratory brands BioStat Laboratory and Telos PGx, providing enhanced laboratory and pharmacogenomic testing services.
Is Principle Health Systems a public or private company?
Principle Health Systems is a private company. It is classified as private equity controlled and is currently operating.
When was Principle Health Systems founded?
Principle Health Systems was founded in 2016. It employs 101 to 250 people.
Where is Principle Health Systems based?
Principle Health Systems is headquartered in Houston, United States, in the North America region.
How does Principle Health Systems make money?
One revenue line is on record: mobile Laboratory and Diagnostic Services.
Who are Principle Health Systems's main competitors?
Broad incumbents on record are BioReference Laboratories, Quest Diagnostics, Sonic Healthcare USA and Labcorp. Direct peers are Schryver Medical, MobilexUSA and TridentUSA Health Services. Emerging players are Aegis Sciences Corporation, OneOme and GeneDx.
Does Principle Health Systems have an API?
No public API is recorded for Principle Health Systems.
What industry is Principle Health Systems in?
Principle Health Systems's product category is Mobile Diagnostic Services. Its primary akta.pro industry code is HLACAPAK, Remote Diagnostics & Point-of-Care (Connected Testing, Home Lab Devices), with a secondary code of HLAHACAL, Remote Diagnostics & Home Testing Devices (Connected POC/At-Home Diagnostic Readers). Its NAICS code is 6215 and its SIC code is 8071.