Quest Diagnostics Completes Acquisition of the Outreach Lab Services Business of University Hospitals
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Quest Diagnostics has completed its acquisition of the Outreach Lab Services Business from University Hospitals, enhancing its test menu and health plan relationships in Ohio.
January 27, 2025 | 2:15 pm
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Quest Diagnostics has finalized the acquisition of University Hospitals' Outreach Lab Services Business, which will expand its test menu and strengthen health plan relationships in Ohio.
The acquisition is likely to positively impact Quest Diagnostics by expanding its service offerings and strengthening its market position in Ohio. This strategic move can lead to increased revenues and market share, which is favorable for the stock price.
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