Quest Diagnostics and PeaceHealth Complete Transaction to Increase Access to Innovative, High-value Diagnostic Information Services in the Pacific Northwest

MADISON, N.J. and VANCOUVER, Wash., May 1, 2017 /PRNewswire/ -- Quest Diagnostics (NYSE: DGX), the world's leading provider of diagnostic information services, and PeaceHealth, a mission-based not-for-profit healthcare system, today announced that they have completed a previously announced two-part agreement designed to enhance the delivery of innovative, convenient and high-value diagnostic information services to communities in Oregon, Washington and Alaska.

This includes the acquisition by Quest Diagnostics of the outreach laboratory services of PeaceHealth Laboratories serving physicians and patients in Washington and Oregon. Quest also now begins to manage 11 laboratories serving PeaceHealth's medical centers in Washington, Oregon and Alaska. PeaceHealth will continue to own the laboratories, which will be staffed, in part, by employees of PeaceHealth.

As a result, physicians and patients will benefit from access to a broader range of testing services that includes advanced diagnostic capabilities only provided by Quest Diagnostics as well as an expanded network of patient service centers and other specimen collection sites in the region.  

About Quest Diagnostics
Quest Diagnostics empowers people to take action to improve health outcomes.  Derived from the world's largest database of clinical lab results, our diagnostic insights reveal new avenues to identify and treat disease, inspire healthy behaviors and improve health care management.  Quest annually serves one in three adult Americans and half the physicians and hospitals in the United States, and our 43,000 employees understand that, in the right hands and with the right context, our diagnostic insights can inspire actions that transform lives. www.QuestDiagnostics.com. 

50th Anniversary: In 2017, Quest Diagnostics celebrates 50 years of life-changing results. To learn about our legacy of accomplishments and quest to improve healthcare in the future, visit www.QuestDiagnostics.com/50Years

About PeaceHealth
PeaceHealth, based in Vancouver, Wash., is a not-for-profit Catholic health system offering care to communities in Washington, Oregon, and Alaska. PeaceHealth has approximately 16,000 caregivers, a group practice with about 900 providers, a laboratory system, and 10 medical centers. PeaceHealth was founded in 1890 by the Sisters of St. Joseph of Peace to fill a need for health care services in the Pacific Northwest. The Sisters shared financial and personnel resources to open new hospitals. They shared expertise and transferred wisdom from one medical center to another, always finding the best way to serve the unmet need for health care in their communities. Today, PeaceHealth is the legacy of the founding Sisters and continues with a spirit of collaboration and stewardship in fulfilling its mission. This is The Spirit of Health.

Quest Contacts
Wendy Bost (Media): 973-520-2800
Shawn Bevec (Investors): 973-520-2900

PeaceHealth Media Contact
Marcy I. Marshall : 732-762-2354 (mobile) 

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SOURCE Quest Diagnostics