SECAUCUS, N.J. and FLINT, Mich., Oct. 22, 2018 /PRNewswire/ -- Quest Diagnostics(NYSE:DGX), the world's leading provider of diagnostic information services, today announced it has acquired certain assets of the outreach laboratory services operation of Hurley Medical Center, a leading regional provider of healthcare services.
Patients and providers in central Michigan will have access to Quest's broader range of diagnostic services, a larger network of patient service centers, and access to unique tools, such as the company's Quanum™ suite of healthcare information technologies and data analytics. Financial terms were not disclosed.
"Given Hurley Medical Center's mission of access to care, we struggle with reducing services that we provide," said Melany Gavulic, RN, MBA, President and CEO, Hurley Medical Center. "However, we are fortunate that Quest is in our community and able to continue to provide access and availability for patients seeking cost-efficient Outreach Lab services."
"This acquisition underscores the growing interest of health systems in transitioning their outreach laboratory services to Quest Diagnostics amid mounting reimbursement pressures," said Steve Rusckowski, Chairman, President and CEO of Quest Diagnostics. "Quest has the expertise and scale to drive more value at less cost, and that makes us a strong partner in this changing landscape. With this transaction, we will empower more providers and patients in Michigan and the entire Midwest to access innovative, high value diagnostic services as we also pursue our strategy to accelerate growth."
About Quest Diagnostics
Quest Diagnostics empowers people to take action to improve health outcomes. Derived from the world's largest database of clinical lab results, our diagnostic insights reveal new avenues to identify and treat disease, inspire healthy behaviors and improve health care management. Quest annually serves one in three adult Americans and half the physicians and hospitals in the United States, and our 45,000 employees understand that, in the right hands and with the right context, our diagnostic insights can inspire actions that transform lives. www.QuestDiagnostics.com
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SOURCE Quest Diagnostics
Wendy Bost, Quest Diagnostics (Media): 973-520-2800; Shawn Bevec, Quest Diagnostics (Investors): 973-520-2900