Quest Diagnostics Completes Acquisition of Lab Assets from OhioHealth

Core Insights - Quest Diagnostics has completed the acquisition of select laboratory assets from OhioHealth to enhance access to cost-effective and innovative laboratory services in Ohio [1][2] Group 1: Transaction Details - The financial terms of the acquisition have not been disclosed [1] - The primary goal of the transaction is to broaden access to Quest's extensive test menu and patient service network, which will lower out-of-pocket costs for patients [2] Group 2: Operational Changes - Quest's full-service laboratory in Pittsburgh will take over most outreach testing previously conducted by OhioHealth [3] - OhioHealth will maintain ownership and operation of its hospital labs for inpatient and outpatient care, as well as anatomic pathology and oncology services [3] Group 3: Company Profiles - Quest Diagnostics is a leader in diagnostic information services, serving one in three adult Americans and half of the physicians and hospitals in the U.S. [6] - OhioHealth is a not-for-profit healthcare system with a network of 15 hospitals and over 200 ambulatory sites, serving a 50-county area in Ohio [5]