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Quest Diagnostics Exits 31-Year-Old Lab Venture

Partners in this laboratory joint venture were hospital, pathology group, and Quest Diagnostics

CEO SUMMARY: News that Quest Diagnostics had exited the long-running CompuNet Clinical Laboratory joint venture in Dayton, Ohio, caught many observers by surprise. The only clues as to possible problems and the motivation of Premier Health, the 51% owner, to buy out Quest’s ownership share are contained in an announcement the health system issued. The …

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