Quest Diagnostics on Monday said it 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.
After the acquisition’s close, most outreach testing performed by OhioHealth will transition to Quest Diagnostics’ full-service laboratory in Pittsburgh. OhioHealth will continue to wholly own and operate its hospital labs, providing high-quality laboratory services for in-patient and hospital-based outpatient care as well as anatomic pathology and oncology.
