United States Quest Tender

Quest Diagnostics and Mercy today announced that Quest has completed its previously announced acquisition of the outreach laboratory services business of Mercy in an all-cash asset transaction. Additional financial terms were not disclosed.With the transaction Mercys outreach laboratory services will transition to Quests full-service laboratory in Lenexa Kansas and the companys network of rapid response laboratories across the Midwest. Mercy will continue to wholly own and operate its hospital laboratories for tests connected to inpatient and hospital-based outpatient care needs. The aim of the transaction is to broaden access to innovative quality and cost-effective laboratory services to deliver affordable patient care throughout the Midwest. The acquisition immediately broadens Quests reach to providers and patients in Arkansas Kansas Missouri and Oklahoma. Patients and providers will benefit from access to Quests innovative industry-leading test menu health plan relationships network of about 1000 conveniently located patient-access sites in the Great Midwest and more cost-effective services.