Becker's Healthcare September 17, 2024
Andrew Cass

Labcorp and Quest Diagnostics are snapping up lab assets from several health systems. Here are seven deals that Becker’s has reported in 2024:

1. Quest Diagnostics on Sept. 16 completed the acquisition of certain laboratory assets from Minneapolis-based Allina Health. As part of the deal, Quest will provide laboratory services to Allina’s clinic physicians and outreach provider clients across Minnesota and Wisconsin.

2. Johnson City, Tenn.-based Ballad Health on Sept. 9 announced it is selling select operating assets of its outreach laboratory services to Labcorp. Ballad Health will continue to operate its inpatient and emergency department laboratory, as well as lab services for hospital-based practices, such as oncology. The deal is expected to close in December 2024.

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Topics: Health System / Hospital, Mergers & Acquisitions / JV, Provider, Trends
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