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CEOWORLD magazine - Latest - Tech and Innovation - Why Chad Price’s MAKO Medical is Recognized as One of North Carolina’s Top 125 Private Companies

Tech and Innovation

Why Chad Price’s MAKO Medical is Recognized as One of North Carolina’s Top 125 Private Companies

Chad Price

What makes a remarkable startup? Being ranked among the top and the best is a true metric; Chad Price’s Mako Medical is that and more. Recognized by Business North Carolina (BNC) as one the largest companies in the state, Mako Medical is one of the fastest growing, innovative private companies in North Carolina’s medical industry.

Innovation Focus in The Medical Field

Mako Medical Laboratories set its sights on building a reputation of innovation in medical testing from the word go, and its successes over the years can be directly linked to that focus. The company prides itself on being one of the trailblazers in providing community-focused medical testing services customized to meet local needs.

Innovation in medical testing and service delivery is front and center of Mako Medical’s mission and vision, which is why the company has received industry recognition. Chad Price’s Mako Medical has over twelve major industry awards from recognized institutions, such as the Triangle Business Journal’s Life Sciences award. Not many young companies in this industry can boast of such accolades, especially in a market dominated by big players.

The success of Mako Medical Laboratories stems from the leadership and clear understanding of the local medical industry’s needs and quality standards. Chad Price and the leadership of this company are well aware that innovation in the medical testing industry isn’t just about technology or methodology but in-service delivery and social responsibility.

“Mako Medical Laboratories was created for two reasons: The first was to fill a current void in the healthcare space,” Chad Price explained in a recent interview. “The lab industry is dominated by two giants, and the market was hungry for a third option.”

“The second reason was to make an impact in the local markets through social responsibility and outreach. Mako is privately held, which allows the company to use a significant portion of its profits to support local charities, nonprofits, military programs, and missionaries overseas.

Today, we support more than 300 nonprofits and charities, we only hire Military Veterans for our logistics team, we’ve donated more than 26 million dollars to charitable organizations, and we support more than 70 missionaries around the world.”

Chad Price’s Mako Medical is Raising Standards in Testing  

Under the helm of Chad Price, Mako Medical is one of the top medical testing companies in North Carolina because of the quality standards it set for itself from the beginning and continues to uphold to date. The company prides itself on providing fast, accurate, and reliable medical tests that help patients get the treatment they need on time.

Mako Medical is raising the bar in medical testing quality standards in North Carolina with this approach to service delivery even as it continues to innovate and push boundaries in technology and talent acquisition. Today, small and large medical facilities rely on the company to deliver quality healthcare to their patients through accurate and timely diagnosis and treatment.

Strong Ties to the Community  

For a company to earn its place as a recognized brand, it needs to have a community focus and be at the forefront of promoting important causes in its community. Mako Medical is a genuine benchmark in corporate social responsibility through its involvement in various charity causes, community volunteering and helping people in need, as captured in the following words from Chad Mako, CEO of Mako Medical:

“We donate to military organizations. We build houses for them on the weekends and our staff volunteers. But we also wanted to create jobs, and the only way to do that is to carve out positions for veterans to say,” Hey, these positions are going to be reserved for the veterans. “So that was one key thing that we wanted to do. “We probably have about 300 nonprofits that we’re involved with that we just feel align. That could be everything from the Heart Association to Alzheimer’s”.

These strong ties to the community make Mako Medical what it is today as a recognized local brand in North Carolina. The company was founded with values of community involvement, and it’s not about to relent on these values any time soon, according to the CEO’s comments.

Transparency, Reliability and Patient-Centered Services 

A company that values its customers focuses on providing value in its services. Chad Mako’s Mako Medical is a testament to this. From its early years, this innovative medical testing company has maintained high transparency and reliability in delivering its services. Mako Medica’s goal is to ensure medical providers in North Carolina get clear and accessible information at all times.

Mako Medical has a patient focus in how it delivers test results when asked, which has built trust and reliability in the brand. The well-trained team at the company understands that they are dealing with real people with immediate needs on the other end, even though they may not interact with them directly. The ripple effect of this patient focus and human touch is felt in the improved healthcare provided by Mako Medical partners, who rely on these testing services.

Expertise and Methodology Development   

A company is only as strong as its staff members. Chad Price and MAKO Medical have invested in talent acquisition and training over the years and are currently supported by an able team. The company relies on experienced doctors, lab technicians and PhDs who specialize in various fields of medical testing, including methodology development and pathology. Such expertise has allowed the company to offer services on par with medical research and development.

Investment in Technology and Integration   

Innovation is at the heart of MAKO Medical Laboratories. As the business continues to grow and demand soars, it’s plain to see that technology is a driving force. Being at the forefront of this shift puts the business in a prime position, geared toward success.

From the beginning, Chad Price has recognized the need to invest in cutting-edge medical testing technology to help fulfill its mission of providing quality lab testing services. Today, the company relies on these technologies, which include state-of-the-art testing machines, robotics, app platforms, and cloud-based services, to improve its efficiency and reliability.

Looking Ahead: Setting the Standard in Medical Testing  

There is no doubt that Mako Medical will continue to be a benchmark in the provision of medical testing services in North Carolina under Chad Price’s stewardship. As the medical testing and diagnostics industry evolves to address emerging challenges, Mako Medical will be at the forefront of it. The fact that it has been recognized as one of  North Carolina’s top 125 private companies is a testament to Chad Price’s tireless work and devotion to the business.


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CEOWORLD magazine - Latest - Tech and Innovation - Why Chad Price’s MAKO Medical is Recognized as One of North Carolina’s Top 125 Private Companies
Despina Wilson
I am a senior editor and data journalist at CEOWORLD magazine. My job involves using infographics to report on news topics related to business and policy, with a global perspective. I hold a master's degree in journalism and have worked for newspapers and reporting projects in both the US and the UK, giving me a unique transatlantic perspective. I believe that data can enhance coverage of all news topics. As a contributor, I plan cover a wide range of issues, such as gender equality, climate change, labor, and immigration, using relevant statistics and insightful visualizations.

Email: despina@ceoworld.biz