As Co-Founder and CEO of LigoLab, Suren Avunjian drives business growth and operations while leading a team of top-tier professionals. LigoLab delivers enterprise pathology lab software with advanced laboratory information systems and embedded lab billing solutions, serving medical laboratories across all testing disciplines.
Avunjian is the driving force behind LigoLab’s vision to create the industry’s most comprehensive and highly configurable laboratory information system, delivered with unmatched customer service to help laboratories thrive in a competitive marketplace.
Founded in 2006, Los Angeles-based LigoLab is both private and profitable, and the company has been growing year-over-year in annual recurring revenue by an outstanding 120 percent.
Los Angeles-based LigoLab was founded in 2006 and is both private and profitable. The company Avunjian oversees is known for its industry-changing enterprise-grade diagnostic lab software solution, the LigoLab LIS & RCM Laboratory Informatics Platform, which includes modules for anatomic pathology, clinical pathology, molecular diagnostics, lab revenue cycle management (lab billing), and direct-to-consumer lab testing, all on one powerful and integrated software infrastructure to maximize efficiency, market differentiation, and interoperability.
Unlike legacy LIS systems, the LigoLab platform not only supports every role, department, and case but also empowers laboratories to differentiate themselves in the marketplace, quickly scale their operations, become more compliant, and more profitable.
Before he co-founded LigoLab with Partners Edward Kharatian (Co-Founder and Medical Director) and Anthony Oganesian (Co-Founder and CTO), Avunjian served as the CTO for Healthline Clinical Laboratories. While there, he played a leading role in helping that lab become the largest privately held testing organization in California. He accomplished this by managing the implementation of cutting-edge technologies that enabled the laboratory to scale up its testing volume by 20 times in just seven years.
Avunjian expertly leads LigoLab by applying his experience and operational excellence to drive strategy and innovation, and he possesses a keen sense for knowing when to take advantage of an opportunity to advance the company and enhance the platform for all of its laboratory partners.
An example of Avunjian’s innovative approach is the launch of TestDirectly in March 2020. This direct-to-consumer lab testing portal simplified sample collection and processing at a time when clinical laboratories were overwhelmed by the challenges of COVID-19 testing. By removing collection and reporting bottlenecks, TestDirectly made testing more accessible for patients while enabling labs to expand capacity and accelerate turnaround times.
With deep expertise in the laboratory industry and a clear vision for its future, Avunjian is a respected voice in the field. He is frequently featured in leading publications (such as CAP Today, Clinical Lab Products Magazine, Today’s Clinical Lab, Dark Daily, MedicalLab Management Magazine, and Medical Laboratory Observer).
Earlier in his career, Avunjian helped build multiple start-ups and advised established organizations, overseeing the development and successful exits of several B2B software platforms. His entrepreneurial path eventually led him to serve as CTO of Healthline Clinical Laboratories, which was later acquired by LabCorp in 2006. Following that acquisition, Avunjian and his partners launched LigoLab, setting the foundation for the company’s continued growth and industry impact.