Dechert Advises Quest Diagnostics on Acquisition of Outreach Laboratory Services of OhioHealth

Dechert advised Quest Diagnostics, a leading provider of diagnostic information services, on a definitive agreement for Quest to acquire select assets of OhioHealth's outreach laboratory services business.

The transaction will broaden access to cost-effective and innovative laboratory services in Ohio. After the acquisition's close, providers and patients will benefit from access to Quest's industry-leading test menu, network of patient service sites throughout the state, broad health plan coverage and lower out-of-pocket costs for many services. The deal is expected to be completed in the third quarter of 2024, assuming customary regulatory reviews.

OhioHealth is a nationally recognized not-for-profit, charitable, integrated health system.

The Dechert team advising Quest Diagnostics included corporate partner Michael Darby along with associates Joshua Kim, Marie Mast and Catherine 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 nearly 1,000 lawyers across 20 offices globally focus on the financial services, private equity, private credit, real estate, life sciences and technology.