PeaceHealth Labs Sold To Quest Diagnostics

Quest buys lab outreach business, to run inpatient labs in 10 PeaceHealth hospitals

CEO SUMMARY: In Oregon, one of the nation’s more successful and long-established health system outreach laboratories will cease to exist following its sale to Quest Diagnostics Incorporated. The seller explained that the Medicare Part B price cuts coming as a result of the PAMA market price reporting rule would result in a 20% revenue decline

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