South Bend Medical Foundation

What South Bend Medical Foundation does

South Bend Medical Foundation (SBMF) is an independent nonprofit medical services organization founded in 1912 and headquartered in South Bend, Indiana. It operates two integrated service lines for the northern Indiana / Michiana region: a community blood bank (whole blood and component collection, immunohematology reference lab, and direct supply of blood products to regional hospitals) and an anatomic pathology laboratory offering surgical pathology, cytopathology, hematopathology, dermatopathology, clinical pathology, and molecular testing for hospitals and physician practices. SBMF holds AABB, CAP, CMS/CLIA, FDA, and Indiana State Department of Health licenses across multiple sites including three fixed donor centers (Douglas Road, Ireland Road in South Bend, and Goshen) and co-located partner labs.

Revenue is generated through transaction-based supply of blood products to hospital partners under supply agreements and through professional-services billing for pathology diagnostics ordered by physicians and healthcare providers. Customers are concentrated in regional acute-care hospitals (Beacon Memorial, St. Joseph Regional Medical Center, Elkhart General Hospital, Memorial Hospital, SJRMC at Plymouth, Cameron Memorial, Pulaski Memorial) and surrounding physician practices, with ordering and results delivered through the LIGO Connect client portal. Pricing is not publicly disclosed and follows standard medical insurance billing.

SBMF's recent strategic posture is one of modernization and vertical expansion. In January 2026 it implemented a digital pathology platform in partnership with Agilent Technologies to enable whole slide imaging and AI-ready workflows; in February 2026 internal researchers disclosed early-stage work on an AI colorectal cancer prediction tool; and in June 2026 the organization announced SBMFRx, a wholly-owned subsidiary overseeing a network of newly acquired specialty pharmacy operations. The leadership team has been substantially refreshed between 2023 and 2025 (President Tim Travis, COO Tim Stolt, CFO Adam Allsop) alongside continuing additions to a 17+ pathologist medical staff, signaling an organization transitioning from a legacy regional lab into a multi-service diagnostic and therapeutics platform.

Name

South Bend Medical Foundation

Legal name

South Bend Medical Foundation

Website

https://sbmf.org

Company type

Private

Founded year

1912

Operating status

Operating

Headcount range

101–250 employees

Short description

South Bend Medical Foundation is an Indiana-based nonprofit, founded in 1912, operating an integrated community blood bank and anatomic pathology laboratory serving hospitals and physician practices in northern Indiana.

Ownership category

akta.pro rank

Product category

Medical Laboratory Services

NAICS

Medical and Diagnostic Laboratories (62151), Blood and Organ Banks (621991), Medical Laboratories (621511)

SIC

Services-Medical Laboratories (8071)

akta.pro primary industry

Anatomic Pathology (Histopathology & Cytopathology) (HLAFAMAA)

akta.pro secondary industries

Transfusion Medicine & Immunohematology (Blood Bank) (HLAFAMAG), Blood Bank, Transfusion Medicine & Immunohematology (HLAHAAAH)

Keywords

• Medical laboratory services
• Blood banking services
• Anatomic pathology
• Clinical diagnostics
• Specialty pharmacy

Headquarters

HQ city

South Bend

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

1. Blood Banking Services: Blood collection, testing, and distribution to hospitals. Revenue generated from blood products supplied to hospital partners including Beacon Memorial, St. Joseph Regional Medical Center, and Elkhart General Hospital.
2. Anatomic Pathology Services: Laboratory diagnostic services including surgical pathology, cytopathology, hematopathology, dermatopathology, and molecular testing for hospitals and healthcare providers.
3. SBMFRx Specialty Pharmacy: Newly formed business unit (announced June 2026) overseeing specialty pharmacy services through newly acquired pharmacy operations.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

South Bend Medical Foundation is an independent nonprofit medical laboratory and blood bank that provides integrated blood banking services (whole blood and component collection, processing, immunohematology reference laboratory testing, and distribution of blood products to regional hospitals) and anatomic pathology services (surgical pathology, cytopathology, dermatopathology, hematopathology, clinical pathology, and molecular testing) to hospitals, physicians, and medical practices across northern Indiana. The organization has recently expanded into digital pathology via a partnership with Agilent Technologies and into specialty pharmacy operations through its SBMFRx business unit.

Product overview

South Bend Medical Foundation (SBMF) operates as an integrated medical services organization offering two primary service lines: Blood Banking Services and Anatomic Pathology Services. The blood banking operations include whole blood and component donations, immunohematology reference laboratory, and distribution to regional hospitals. Pathology services encompass surgical pathology, cytopathology, dermatopathology, hematopathology, clinical pathology, and molecular testing. SBMF has recently expanded into digital pathology (via Agilent partnership) and specialty pharmacy (SBMFRx). Client access is facilitated through the LIGO Connect Client Portal for order entry and result management. Founded in 1912, SBMF serves the northern Indiana region through multiple collection and laboratory sites.

Differentiator

Problem solved

Functional benefit

Brands

• SBMFRx: Specialty pharmacy business unit overseeing the organization's expanding network of newly acquired pharmacy operations.

Products and services

• Blood Banking Services Comprehensive blood banking services including whole blood donation, blood component processing (red cells, platelets, plasma), immunohematology reference laboratory, and blood products distribution to local hospitals such as Beacon Memorial, St. Joseph Regional Medical Center, and Elkhart General Hospital. Used by hospitals, trauma centers, and surgical/oncology/neonatal units requiring transfusion support.
• Anatomic Pathology Services Anatomic pathology diagnostic services including surgical pathology, cytopathology, dermatopathology, hematopathology, and clinical pathology, with specimen examination, biopsy analysis, and pathology consultation for referring physicians and healthcare providers across northern Indiana.
• Digital Pathology Platform Digital pathology platform implemented in partnership with Agilent Technologies that enables whole slide imaging of tissue specimens for diagnostic viewing and analysis by pathologists, supporting precision medicine and AI-driven diagnostic capabilities.
• Molecular Testing

Quantifiable outcome

• Over 110 years of continuous service to northern Indiana
• +1 more outcomes

Named customers9 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature2 records

Partnerships

Five partnerships are on record, tiered core.

• Agilent TechnologiescoreTechnology or Integration · 30 January 2026SBMF Pathology Services partnered with Agilent Technologies to implement a digital pathology platform for whole slide imaging, precision medicine, and AI innovation. The partnership enables digital consultation and advanced diagnostic capabilities.
• America's Blood CenterscoreStrategic or Co-development PartnerSBMF holds membership and AABB accreditation through America's Blood Centers, a network of nonprofit community blood centers providing blood products to hospitals across North America.
• Beacon Memorial HospitalcoreChannel Partner/ Reseller/ DistributorRecipient of blood products from SBMF blood bank services. SBMF supplies blood components for patient care including trauma, surgery, and cancer treatment.
• St. Joseph Regional Medical CentercoreChannel Partner/ Reseller/ DistributorCLIA and CAP accredited laboratory location with SBMF providing pathology services and blood product supply.
• Elkhart General HospitalcoreChannel Partner/ Reseller/ DistributorRegional hospital partner receiving blood products and potentially pathology services from SBMF.

Scale indicators3 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Versiti: Regional nonprofit blood center network that operates community blood banks and transfusion medicine services across multiple U.S. states. Directly comparable to SBMF on the blood banking side and a relevant reference point for SBMF's combined blood + pathology model.
• PathGroup: One of the largest private, independent pathology practices in the U.S., offering anatomic and clinical pathology, molecular diagnostics, and digital pathology to hospitals and physicians. Highly comparable to SBMF's anatomic pathology business and to how a community-rooted independent lab can scale.
• Carter BloodCare: Large community nonprofit blood center serving north, central and east Texas. Closely comparable to SBMF's blood bank business in mission, donor-base operation, and hospital supply model.

Broad incumbents

• ARUP Laboratories: National nonprofit reference laboratory owned by the University of Utah, offering an extensive esoteric test menu and pathology services to hospitals nationwide. Comparable to SBMF as a non-profit academic-affiliated lab, and a key competitor for higher-complexity testing referrals.
• Quest Diagnostics: Largest U.S. clinical laboratory network, offering routine and specialty diagnostics, anatomic pathology and health IT to hospitals, physicians, employers and consumers. Comparable as a direct competitor in the regional hospital outreach market and on digital pathology/AI investments.
• Laboratory Corporation of America (Labcorp): Major U.S. clinical and anatomic pathology laboratory with national reach, broad test menu, and growing specialty and esoteric testing franchise. Directly comparable as a hospital outreach competitor and a benchmark for what scale advantages SBMF must offset.
• Mayo Clinic Laboratories: Reference laboratory of Mayo Clinic offering the full spectrum of esoteric and routine clinical and anatomic pathology testing to hospitals worldwide. Comparable to SBMF on test-menu breadth and academic pathology expertise, and a competitor for hospital outreach work.
• BioReference Laboratories (an OPKO Health company): National clinical and specialty reference laboratory offering routine, molecular and women's health testing to hospitals and physicians. Comparable to SBMF on the anatomic pathology and molecular diagnostics offerings and on serving community hospitals.

Regional players

• Sonora Quest Laboratories: Joint-venture regional laboratory (Banner Health / Quest Diagnostics) serving Arizona with full-service clinical and anatomic pathology. Comparable to SBMF as a regionally anchored, hospital-affiliated diagnostic lab competing with national reference labs.
• CompuNet Clinical Laboratories: Regional reference laboratory serving Ohio and surrounding states with clinical, anatomic pathology and specialty testing for hospitals and physicians. Closely comparable to SBMF as a regional, hospital-anchored clinical lab with overlapping test menu and customer base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights6 records

Customer concentration

• Xx.com/sbmfdonors

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles25 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about South Bend Medical Foundation