Quest Diagnostics Acquires Lab Division from Mercy

Quest Diagnostics Acquires Lab Division from Mercy

by | Mar 16, 2021 8:00 am | Laboratories, MRI & Dialysis

In an effort to expand its network, Quest Diagnostics (NYSE: DGX) has announced a deal with not-for-profit Mercy, a multi-state healthcare system. Quest is acquiring the health system’s outreach laboratory services business, which currently operates from 29 hospital laboratories and two independent clinic laboratories in Arkansas, Kansas, Missouri and Oklahoma.  No terms were disclosed in the all-cash transaction, but under the agreement, testing associated with outreach lab services will transition to the Quest Diagnostics full-service laboratory in Lenexa, Kansas, and a network of rapid response laboratories across the region. Mercy will continue to wholly own and operate its hospital... Read More »
Imaging Deals Light Up

Imaging Deals Light Up

by | Apr 6, 2018 12:35 pm | Physician Medical Groups

In the first week of April 2018, five transactions for physician medical practices were announced. That’s a good start to the second quarter, following Q1:18’s deal volume of 35 transactions targeting physicians and their practices. Two of the April deals were for radiology centers. One was announced by RadNet, Inc. (NASDAQ: RDNT), the largest provider of fixed-site outpatient diagnostic imaging services in the United States with 259 centers currently. It just added five more in and around the Fresno, California metropolitan area. The targets include Sierra Imaging Associates (one facility), Women’s Imaging Specialists in Healthcare (three facilities) and Valley Metabolic... Read More »