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Quest Diagnostics acquires lab assets from OhioHealth

by Gus Iversen, Editor in Chief | October 16, 2024
Business Affairs Pathology
Quest Diagnostics has completed its acquisition of select laboratory assets from OhioHealth, the company announced on Monday.

Under the agreement, Quest will now manage most of the outreach testing that was previously handled by OhioHealth. Testing will be performed at Quest's laboratory facility in Pittsburgh, Pennsylvania. However, OhioHealth will continue to operate its hospital labs for inpatient, hospital-based outpatient, anatomic pathology, and oncology services.

The acquisition is part of Quest’s broader strategy to partner with health systems, improving the quality and affordability of diagnostic services while expanding access for patients. By integrating Quest’s test menu and network of patient service sites, patients are expected to benefit from lower out-of-pocket costs and expanded health plan coverage.
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In August, Quest Diagnostics announced it would acquire the outreach laboratory services of University Hospitals, a Cleveland-based nonprofit health system.

OhioHealth, a not-for-profit health system based in Columbus, Ohio, will maintain its focus on inpatient and specialized care within its hospitals and outpatient centers. The organization has been serving communities across a 50-county area in Ohio since 1891.

Financial details of the transaction were not disclosed.

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