Quest buys some PeaceHealth labs, will manage others
Vancouver, Wash.-based PeaceHealth has agreed to sell its laboratory services business to Quest Diagnostics and hire Quest to manage the 11 labs that it operates at its hospitals and ambulatory centers. Terms of the deals were not disclosed.
The deal continues a trend of large hospital systems either outsourcing lab work as a noncore business or centralizing it all in-house to take advantage of scale.