Quest Diagnostics has successfully acquired the outreach lab services business of University Hospitals, bolstering its diagnostic service capabilities and market presence.

Target Information

Quest Diagnostics, headquartered in Secaucus, New Jersey, is a prominent provider of diagnostic information services in the United States. On January 27, 2025, the company successfully completed the acquisition of select assets from the outreach lab services business of University Hospitals, a leading nonprofit health system and academic medical center based in Cleveland, Ohio. This strategic acquisition signifies Quest Diagnostics' commitment to expanding its operational footprint and enhancing the quality of diagnostic services offered to patients.

University Hospitals has built a strong reputation for providing comprehensive healthcare services and advanced medical education, making it one of the top health systems in the nation. The outreach lab services division that Quest Diagnostics has acquired is integral to delivering quality laboratory services to external healthcare providers and patients, further aligning with Quest's mission to empower better health through diagnostic insights.

Industry Overview

The healthcare and diagnostic services industry in the United States remains a dynamic and essential sector, driven by increasing demand for diagnostic testing, improved healthcare access,