Dechert Advises Quest Diagnostics on Acquisition of Select Assets from Steward Health Care System
January 10, 2024
Dechert advised Quest Diagnostics, the world’s leading provider of diagnostic information services, on its recent acquisition of select assets of Steward Health Care System’s outreach lab services business serving patients and physicians in Pennsylvania and Ohio.
As part of the acquisition, Quest's full-service laboratory in Pittsburgh, PA will provide testing for physicians and patients previously serviced by outreach laboratories operated by Steward Health Care System in parts of Pennsylvania and Ohio.
This transaction aligns with Quest’s strategic approach to meet the evolving needs of healthcare systems and strives to expand access to innovative, high-quality, and cost-efficient laboratory services.
The Dechert team advising Quest Diagnostics included Michael Darby and Cate Hillin.
About Dechert
Dechert is a global law firm that advises asset managers, financial institutions and corporations on issues critical to managing their business and their capital – from high-stakes litigation to complex transactions and regulatory matters. We answer questions that seem unsolvable, develop deal structures that are new to the market and protect clients’ rights in extreme situations. Our 1,000+ lawyers across 21 offices globally focus on the financial services, private equity, private credit, real estate, life sciences and technology sectors.
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