Quest Diagnostics has entered an settlement to amass the outreach laboratory companies enterprise of healthcare system Mercy, the businesses introduced this week.
With the acquisition, Quest will decide up the enterprise from 29 Mercy hospital labs and two unbiased clinic labs servicing sufferers and suppliers all through Arkansas, Kansas, Missouri, and Oklahoma.
Testing previously finished by Mercy’s outreach enterprise can be finished at Quest’s laboratory in Lenexa, Kansas and a community of fast response labs all through the area.
“Mercy selected Quest to offer outreach lab testing due to its file of innovation and effectivity and our shared dedication to offering high-quality, handy care that’s accessible to all,” Lynn Britton, president and CEO of Mercy, mentioned in a press release. “This relationship offers our sufferers and suppliers extra handy places for pattern assortment and a considerably decrease price of testing whereas sustaining the identical top quality sufferers and suppliers want.”
“As one of many nation’s main massive well being programs, Mercy is exiting the doctor lab outreach enterprise to sharpen its concentrate on offering high-quality, equitable care,” mentioned Steve Rusckowski, Quest chairman, CEO and president. “We look ahead to working carefully with Mercy to assist their lab technique. As pressures from the pandemic ease, and buyer expectations and reimbursement pressures rise, we’re speaking to increasingly prime well being programs about how Quest may help them improve the effectiveness of their lab methods.”
The deal is predicted to shut within the second quarter of 2021. Monetary and different phrases weren’t disclosed.