Goal to broaden access to cost-effective and
innovative laboratory services in Ohio
SECAUCUS, N.J., Oct. 14,
2024 /PRNewswire/ -- Quest Diagnostics (NYSE: DGX), a
leader in diagnostic information services, today announced that it
has completed its previously announced acquisition of select
laboratory assets from OhioHealth, a nationally recognized
not-for-profit, charitable, integrated health system. Financial
terms of the transaction were not disclosed.
The goal of the transaction is to broaden access to
cost-effective and innovative laboratory services in Ohio.
Providers and patients will benefit from access to Quest's
industry-leading test menu, network of patient service sites, broad
health plan coverage, and lower out-of-pocket costs for many
services.
Quest's full-service laboratory in Pittsburgh, Pennsylvania will provide most of the outreach
testing previously performed by OhioHealth. OhioHealth will
continue to own and operate its network of hospital labs for
inpatient and hospital-based outpatient care as well as anatomic
pathology and oncology services.
Quest provides a complete portfolio of services to empower
health systems and hospitals to improve the quality, innovation and
insights of their diagnostic laboratory services, elevate the
patient experience and lower costs for more accessible and
affordable care. For more information, visit: Hospitals &
health systems | Quest Diagnostics.
About OhioHealth
Based in Columbus, Ohio, OhioHealth is a nationally recognized,
not-for-profit, charitable, healthcare outreach of the United
Methodist Church. Serving its communities since 1891, OhioHealth is
a family of 35,000 associates, physicians and volunteers, and a
network of 15 hospitals, three joint-venture hospitals, one
managed-affiliate hospital, 200+ ambulatory sites and other health
services spanning a 50-county area. For more information,
visit OhioHealth.com.
About Quest Diagnostics
Quest Diagnostics works across
the healthcare ecosystem to create a healthier world, one life at a
time. We provide diagnostic insights from the results of our
laboratory testing to empower people, physicians and organizations
to take action to improve health outcomes. Derived from one of the
world's largest databases of de-identifiable clinical lab results,
Quest's diagnostic insights reveal new avenues to identify and
treat disease, inspire healthy behaviors and improve healthcare
management. Quest Diagnostics annually serves one in three adult
Americans and half the physicians and hospitals
in the United States, and our nearly 50,000 employees
understand that, in the right hands and with the right context, our
diagnostic insights can inspire actions that transform lives and
create a healthier world. www.QuestDiagnostics.com.
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SOURCE Quest Diagnostics