Quest Diagnostics and Northern Mild Well being Type Strategic Laboratory Collaboration to Enhance Entry to Reasonably priced Diagnostic Companies in Maine

Quest Diagnostics and Northern Mild Well being Type Strategic Laboratory Collaboration to Enhance Entry to Reasonably priced Diagnostic Companies in Maine

Quest Diagnostics and Northern Mild Well being Type Strategic Laboratory Collaboration to Enhance Entry to Reasonably priced Diagnostic Companies in Maine

Quest to amass Northern Mild Well being’s outreach laboratory enterprise and professionally handle 9 of its hospital laboratories

SECAUCUS, N.J. and BREWER, Maine, Dec. 8, 2022 /PRNewswire/ — Quest Diagnostics (NYSE: DGX), the world’s main supplier of diagnostic data providers, and Northern Mild Well being, a big built-in healthcare system in Maine, at the moment introduced a strategic laboratory collaboration designed to broaden entry to revolutionary, high quality and cost-effective laboratory providers powering inexpensive take care of communities in Maine.

Quest Diagnostics and Northern Mild Well being Type Strategic Laboratory Collaboration to Enhance Entry to Reasonably priced Diagnostic Companies in Maine

Beneath a definitive settlement, Quest will purchase choose property of Northern Mild Well being’s outreach laboratory providers enterprise, named Northern Mild Laboratory, in an all-cash transaction. Quest may even present skilled laboratory administration providers for 9 of Northern Mild Well being’s hospital laboratories, together with its most cancers middle laboratory at Northern Mild Most cancers Care in Brewer, Maine.

Northern Mild Well being chosen Quest Diagnostics following a aggressive bid. The events anticipate to finish the transaction within the first quarter of 2023. Monetary particulars of the transaction weren’t disclosed.

Assuming the transaction’s completion, the collaboration will allow physicians and sufferers all through Maine to profit from entry to Quest’s industry-leading and extremely revolutionary take a look at menu, community of affected person entry websites all through the state, broad well being plan protection, and decrease out-of-pocket prices for a lot of providers. Quest’s state-of-the-art laboratory in Marlborough, Mass. will present non-urgent superior and routine scientific testing for physicians and sufferers now serviced by Northern Mild Laboratory. A Quest fast response lab within the Bangor, Maine space and choose Northern Mild Well being hospital labs will carry out exams requiring fast outcomes.

“Diagnostic testing is a extremely specialised and quickly evolving space of drugs. By collaborating with Quest Diagnostics, the {industry} chief, Northern Mild Well being positions itself to ship the very best stage of diagnostic innovation, service and affordability whereas energizing our core concentrate on affected person care,” stated Timothy J. Dentry, president and CEO of Northern Mild Well being.

“Diagnostic insights are the bedrock of high quality, high-value healthcare. By our scientific experience, technological innovation and nationwide scale, Quest allows prime well being methods like Northern Mild Well being to optimize their laboratory providers for scientific worth and affected person affordability,” stated James E. Davis, CEO and President of Quest Diagnostics. “Our collaboration with Northern Mild Well being displays our aim to broaden entry to those important diagnostic insights, so extra individuals and households in Maine can lead more healthy lives.”

About Quest Diagnostics

Quest Diagnostics empowers individuals to take motion to enhance well being outcomes. Derived from the world’s largest database of scientific lab outcomes, our diagnostic insights reveal new avenues to determine and deal with illness, encourage wholesome behaviors and enhance well being care administration. Quest yearly serves one in three grownup Individuals and half the physicians and hospitals in america, and our almost 50,000 staff perceive that, in the correct palms and with the correct context, our diagnostic insights can encourage actions that rework lives. www.QuestDiagnostics.com.

About Northern Mild Well being

At Northern Mild Well being, we’re constructing a greater strategy to healthcare as a result of we imagine individuals deserve entry to care that works for them. As an built-in well being supply system serving Maine, we’re elevating the bar with no-nonsense options which might be main the best way to a more healthy future for our state. Our crew members—in our hospitals, main and specialty care practices, long-term and residential healthcare, and floor and air medical transport and emergency care—are dedicated to creating healthcare give you the results you want: our sufferers, communities, and staff. To be taught extra about Northern Mild Well being and our areas throughout Maine, go to www.northernlighthealth.org.

 

SOURCE Quest Diagnostics

For additional data: Wendy Bost, Quest Diagnostics (Media): 973-520-2800 or [email protected]agnostics.com, Shawn Bevec, Quest Diagnostics (Traders): 973-520-2900, Suzanne Spruce, Northern Mild Well being (Media): 207-973-5758 or [email protected], [email protected]

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