Quest Diagnostics (NYSE:DGX) has agreed to purchase its partners’ interests in Indianapolis-based joint venture Mid America Clinical Laboratories in an all-cash transaction.
The deal includes the main laboratory and 50 patient centers across the state.
As part of the agreement, Quest will provide hospital lab services for ~30 hospitals owned and operated by Ascension St. Vincent and Community Health Network.
The transaction should close next quarter. Financial terms are not disclosed.
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