Tag: Molecular Testing Labs

An alumnus of Keller School of Management, Steve Verschoor studied electrical engineering and co-founded a Boise, Idaho and Taipei, Taiwan based solar sales and manufacturing company GTSP Global. In addition to his executive role at GTSP Global, Steve Verschoor is a public health specialist passionate about preventing infectious diseases and co-founded COVID-19 testing facility Molecular Testing Labs.

With the unforeseen problems of 2020 due to the pandemic, Molecular Testing Labs was forced to adapt to increased testing needs and faced an immediate need for extra testing equipment that had not been budgeted for. Molecular Testing Labs provides products that remove traditional testing and treatment obstacles. It aims to revolutionize access to convenient and cheap testing by providing accessible and innovative laboratory solutions.

NFS Leasing was the ideal partner for them since they needed quick finance with flexibility on their conditions. NFS Leasing is a privately held equipment finance company in North America. The company rapidly finalized an equipment finance arrangement, allowing them to satisfy the customer’s needs. The arrangement supports antibody testing and allowed Molecular Testing Labs to help address this immediate and growing area of testing.

A business professional in multiple industries for 33 years, Boise, Idaho resident Steve Verschoor, co-founded Molecular Testing Labs, a company that provides services for healthcare organizations and government institutions. As co-founder, Steve Verschoor has helped the company expand significantly, increasing its reach across public and private organizations.

In November 2020, Molecular Testing Labs celebrated Compliance Week. This year, the company participated in The Society of Corporate Compliance and Ethics (SCCE) and Health Care Compliance Association (HCCA)’s Corporate Compliance and Ethics Week.

As an extension of Molecular Testing Labs’ compliance program, the company encouraged its employees to have fun while learning about compliance during the week. Employees participated in games, and even won prizes, all while reviewing compliance regulations. The week also promoted company culture.

The company’s ethics and compliance program requires employees to act with integrity. The company provides education each year to roll out new or updated guidelines and reinforce existing regulations.

Boise, Idaho, resident and entrepreneur Steve Verschoor is a co-founder of Molecular Testing Labs. In this role, Steve Verschoor has helped the business expand from 89 workers to now employing close to 250.

Molecular Testing Labs’ expansion has come as the result of a February 2020 decision to produce COVID-19 home testing kits after news of the virus first hit. The company, which also makes a HIV home testing kits, saw demand for its testing kits skyrocket because of the rapid spread of COVID-19.

Demand for the kits combined with the opportunity to work with multiple entities has made for more business. As of November 2020, the company had partnered with in excess of 400 businesses across the country. Three hundred nursing homes and Washington, Idaho and Oregon state governments have received kits. The company hopes to provide at-home tests for individuals if approved through the Food and Drug Administration.

The lab collects some 6,000 COVID-19 tests each day, with a return time of between 1.5 and 1.8 days. The lab plans eventually to process 60,000 tests a week, with a 24-hour turnaround.

Boise, Idaho, business leader Steve Verschoor is co-founder of Molecular Testing Labs. Steve Verschoor and the company provide multiple services to public and private entities.

One service offered through Molecular Testing Labs is its infectious disease panel. The panel tests for sexually transmitted infections (STI) including HPV. Testing can be completed within two to three days.

The process through which samples are taken vary depending on the STI test. Tests related to HIV, HBV, HCV, syphilis, and HSVII are taken from dried blood spot cards. Other collection methods include urine, serum, swabs, and thin prep. Several tests provide the option for patients to collect their own samples.

The company can test for multiple pathogens, both viral and bacterial. The lab also provides research support for research investigators and healthcare facilities. Moreover, it also participates in clinical trials for new technologies to detect STI pathogens. A battery of testing options can be viewed at https://moleculartestinglabs.com/collections/infectious-disease-assays.