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Memorial Hermann Sells Outreach Lab to Quest

Health system to sell outreach lab business, Quest gets contract to manage inpatient, other labs

>CEO SUMMARY: Need for more capital is probably one reason why Memorial Hermann Health System decided to sell its large clinical laboratory outreach business to Quest Diagnostics in a transaction both organizations announced on Jan. 27. Although terms of the sale were not announced, lab executives in Houston believe that Memorial Hermann will be paid …

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