Quest Diagnostics acquires laboratory outreach service business of MemorialCare Health System

Quest Diagnostics (NYSE: DGX), the world's leading provider of diagnostic information services, today announced that it has completed the previously announced acquisition of MemorialCare Health System's laboratory outreach service business.

As a result of the transaction, patients and physicians now have access to Quest's extensive range of innovative services and network of nearly 200 patient service centers in southern California. MemorialCare Health System's hospital-based laboratories are not part of the transaction.

The acquisition supports Quest's five-point strategy, in particular, its focus on restoring growth and driving disciplined capital deployment through strategically aligned, accretive acquisitions. The transaction is expected to be neutral to earnings in 2015.

Source:

Quest Diagnostics

Citations

Please use one of the following formats to cite this article in your essay, paper or report:

  • APA

    Quest Diagnostics. (2019, June 20). Quest Diagnostics acquires laboratory outreach service business of MemorialCare Health System. News-Medical. Retrieved on October 04, 2022 from https://www.news-medical.net/news/20150804/Quest-Diagnostics-acquires-laboratory-outreach-service-business-of-MemorialCare-Health-System.aspx.

  • MLA

    Quest Diagnostics. "Quest Diagnostics acquires laboratory outreach service business of MemorialCare Health System". News-Medical. 04 October 2022. <https://www.news-medical.net/news/20150804/Quest-Diagnostics-acquires-laboratory-outreach-service-business-of-MemorialCare-Health-System.aspx>.

  • Chicago

    Quest Diagnostics. "Quest Diagnostics acquires laboratory outreach service business of MemorialCare Health System". News-Medical. https://www.news-medical.net/news/20150804/Quest-Diagnostics-acquires-laboratory-outreach-service-business-of-MemorialCare-Health-System.aspx. (accessed October 04, 2022).

  • Harvard

    Quest Diagnostics. 2019. Quest Diagnostics acquires laboratory outreach service business of MemorialCare Health System. News-Medical, viewed 04 October 2022, https://www.news-medical.net/news/20150804/Quest-Diagnostics-acquires-laboratory-outreach-service-business-of-MemorialCare-Health-System.aspx.

Comments

The opinions expressed here are the views of the writer and do not necessarily reflect the views and opinions of News Medical.
Post a new comment
Post
You might also like...
Commonwealth Lab expands access to new IBS test with national agreement with Quest