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BRIEF-Quest Diagnostics to acquire Cape Cod Healthcare outreach laboratory business
June 27, 2017 / 5:39 PM / in 5 months

BRIEF-Quest Diagnostics to acquire Cape Cod Healthcare outreach laboratory business

June 27 (Reuters) - Quest Diagnostics Inc

* Quest Diagnostics announces intent to acquire Cape Cod Healthcare outreach laboratory business in Massachusetts

* Quest Diagnostics Inc - signed a nonbinding letter of intent to acquire outreach laboratory services business of Cape Cod Healthcare

* Quest Diagnostics Inc - financial terms were not disclosed.

* Quest Diagnostics Inc - acquisition is subject to review by Massachusetts health policy commission and completion of a definitive agreement

* Quest Diagnostics Inc - upon approval by HPC, organizations expect to complete transaction by January 1, 2018

* Quest Diagnostics Inc - CCHC’s hospital-based laboratories and inpatient and outpatient services it provides are not included in transaction

* Quest diagnostics inc - the two organizations also intend to explore opportunities to collaborate in population health and data analytics Source text for Eikon: Further company coverage:

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