CAROLINE M. FRASER has more than 15 years' experience in laboratory management, preceded by 12 years in technical and research positions. She has particular expertise in developing new business and negotiating managed care contracts.

Ms. Fraser has gained extensive knowledge of a wide range of laboratory management aspects through a variety of positions in both hospital and commercial settings. As Joint Venture Project Manager for Damon Clinical Laboratories, she planned and coordinated joint venture projects between Damon and hospitals, implementing the integration of all information systems, operational systems and medical and nursing staffs. She went on to become General Manager of Damon Clinical Laboratories, where she was responsible for the operation of the Northern California Regional Laboratory. Under her direction, profits increased consistently. She expanded commercial operations throughout northern California and diversified services to meet the requirements of psychiatric hospitals, dialysis units, skilled nursing facilities, and managed care providers.Ms. Fraser gained further experience with managed care contracting as Regional Director for LabCorp in San Francisco and as Regional Director for the Medical Science Institute Laboratory in Burbank, California. In both positions, she expanded business through marketing, acquisitions and managed care contract negotiation. She also has significant experience in managing large laboratory staffs and implementing successful consolidations and transitions, having been responsible for multiple laboratory relocations and consolidations.

Ms. Fraser is active in several professional associations, including the American College of Healthcare Executives and the Clinical Laboratory Management Association. She earned her Master of Science degree in Health Administration at the University of Colorado and Bachelor's degrees in Medical Technology and Microbiology at the University of Texas.