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Adam Schechter

President, Chief Executive Officer & Chairman, LabCorp

Search every verified Adam Schechter interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. In an October 2020 interview, Labcorp CEO Adam Schechter discussed the company's COVID-19 testing capacity and preparations for the flu season. Schechter stated that Labcorp had increased its testing capacity from 2,000-3,000 tests per day in March to over 200,000 tests per day, and that the company was continuing to expand by purchasing additional machines and reagents. He noted that Labcorp was receiving about 100,000 samples per day on average and that its labs operated 24 hours a day, seven days a week. Schechter also described three types of COVID-19 tests—PCR, antigen, and antibody—and said that while PCR is considered the gold standard, antigen tests are useful for surveillance despite being less accurate. Schechter addressed concerns about testing turnaround times, stating that while results typically take about 24 hours, he disagreed with the view that tests become useless after two days, arguing that a three-day result could still help individuals decide whether to return to work. He encouraged the public to get flu vaccinations, practice social distancing, wear masks, and maintain good hygiene, even after receiving a negative test result. Schechter also noted that Labcorp had launched a combined test for flu, RSV, and COVID-19 using a single nasal swab.

Recent appearances

  • Labcorp CEO Adam Schechter on COVID-19, flu season, home testing advances, health equity, and more

    October 17, 2022 · 📺 Yahoo Finance

    #Labcorp #fluseason #COVID19 #yahoofinance Labcorp CEO Adam Schechter speaks about various aspects of the heath care industry at Yahoo Finance's All Markets Summit. Don't Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE:    • Elizabeth Holmes: 'Valley of Hype' [pre-sh...   Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: Wit…

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  • White House launches website to order free at-home Covid tests

    January 19, 2022 · 📺 CNBC Television

    Labcorp CEO Adam Schechter joins CNBC's 'Squawk Box' to discuss the Biden administration's new rapid test ordering website, which allows people to order four at-home tests per household.

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  • We have no upfront costs for our Covid tests: Labcorp CEO

    January 12, 2022 · 📺 CNBC Television

    Adam Schechter, Labcorp CEO, joins 'Closing Bell' to discuss how it is managing the influx of Covid test requests. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi  » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the da…

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  • Our business is strong with or without the Covid testing: LabCorp CEO

    August 03, 2021 · 📺 CNBC Television

    LabCorp chairman and CEO Adam Schechter joins 'Closing Bell' to discuss earnings, demand for Covid testing and the need for ...

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  • Adam Schechter, Honorary Degree Recipient, addresses the Class of 2021

    May 20, 2021 · 📺 La Salle University

    Labcorp chairman and CEO Adam Schechter, '86, receives an honorary doctor of humane letters degree.

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  • LabCorp CEO discusses Covid-19 mutations

    January 12, 2021 · 📺 CNBC Television

    Adam Schechter, LabCorp CEO, joins 'Closing Bell' to discuss the state of testing in the U.S., Covid mutations and his thoughts on ...

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  • LabCorp CEO says company can process 200,000 tests per day

    October 04, 2020 · 📺 FacetheNation

    Adam Schechter says his company is in "good position going into this flu season."

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  • LabCorp Launches Simplified Test for Covid-19, Flu, RSV

    September 10, 2020 · 📺 Bloomberg Television

    Sep.10 -- LabCorp Chairman and Chief Executive Officer Adam Schechter discusses a new, single-swab test that is the first to detect Covid-19, influenza, and respiratory syntactical virus. He speaks on "Bloomberg Markets."

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  • LabCorp CEO discusses Covid-19 testing as flu season approaches

    September 01, 2020 · 📺 CNBC Television

    As schools reopen and flu season approaches, testing companies are looking to ramp up their Covid-19 testing capacity. Earlier today, the Florida Department of Health cut ties with Quest Diagnostics after the state said the lab failed to report nearly 75,000 coronavirus tests that dated back to April. LabCorp CEO Adam Schechter joins 'Closing Bell' to discuss. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC Classic…

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  • LabCorp CEO on speeding up Covid-19 test results

    July 21, 2020 · 📺 CNBC Television

    LabCorp has performed 7.5 million molecular tests since March. It has the ability to process 165,000 tests per day but the average time to deliver results is 3 to 5 days. Adam Schechter, LapCorp CEO, joins "Closing Bell" to talk about what it's doing to address the issue. https://www.cnbc.com/2020/07/22/coron... For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic Turn to C…

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  • LabCorp CEO Adam Schechter on Covid-19 testing

    June 16, 2020 · 📺 CNBC Television

    Adam Schechter, CEO of LabCorp, joins "Closing Bell" to talk about the Covid-19 tests available. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2JdMwO7 » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News Online Get the latest news: http://www.cnbc.co…

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  • Coronavirus: LabCorp CEO on ramping up production of at-home test kit

    May 13, 2020 · 📺 CNBC Television

    LabCorp announced this week that it has increased production of its at-home Covid-19 testing kit. LabCorp CEO Adam Schechter joins "Squawk Box" to discuss the roll out. The United States is “ready to start to open” with the current level of testing, according to Adam Schechter, CEO of coronavirus test manufacturer LabCorp. Both Democratic and Republican senators on Tuesday lambasted the current level of testing in the U.S. as woefully inadequate to detect pockets of outbreaks as states reopen. A group of economics and medical researchers at Harvard said last month the U.S. needs to ramp up t…

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The summary and quote tags on this profile are produced with AI assistance from verified, first-person interview transcripts, then checked by our team to confirm the speaker's identity and the accuracy of every quote. See how we verify →