Madison, NJ – NJB News Now writes, “Madison-based Quest Diagnostics has announced it has entered into a definitive agreement to acquire the outreach laboratory service business of Clinical Laboratory Partners (CLP), a wholly-owned subsidiary of Hartford HealthCare (HHC). HHC is an integrated health care system with five hospitals in Connecticut. The transaction, once completed, is expected to enhance access to quality, affordable and convenient laboratory services for people in Connecticut."
"CLP provides clinical lab testing to physicians in Connecticut, acting as the outreach laboratory services provider for HHC. Outreach lab services are provided to local physicians and patients separate from hospital inpatient or outpatient care. Under the agreement, CLP will transition laboratory testing now provided by its lab in Newington, Conn., to Quest’s rapid-response clinical laboratories in Stratford, Torrington and Wallingford, Conn., and full-service, state-of-the-art clinical laboratory in Marlborough, Mass. The acquisition also includes several CLP patient service centers and other select assets.
HHC’s hospital-based laboratories and the inpatient and outpatient services they provide are not included in the transaction, and will remain part of the Hartford HealthCare system.
HHC and CLP have collaborated with Quest since CLP’s formation in 1998, with Quest providing high-end reference testing for CLP and all five of HHC’s affiliated hospitals. Once completed, the acquisition is expected to build on this experience to deliver several distinct benefits to patients and physicians in Connecticut. These include significantly greater patient access and convenience through a combined patient service center network in the state, and thousands of test services, including highly advanced and novel genetic sequencing tests for cancer, neurological disorders and other diseases. The two organizations also intend to explore opportunities to collaborate in population health and data analytics, among other areas, based on Quest’s laboratory data.”
For the complete story click here: http://njbmagazine.com/njb-news-now/quest-diagnostics-to-acquire-clinical-laboratory-partners-outreach-laboratory-service-business/?utm_source=MagnetMail&utm_medium=email&utm_term=tseville@njbia.org&utm_content=11112015NJBIA_NJB_Today&utm_campaign=Executive%20Order%20Creates%20Military%20and%20Defense%20Economic%20Ombudsman%20
HHC’s hospital-based laboratories and the inpatient and outpatient services they provide are not included in the transaction, and will remain part of the Hartford HealthCare system.
HHC and CLP have collaborated with Quest since CLP’s formation in 1998, with Quest providing high-end reference testing for CLP and all five of HHC’s affiliated hospitals. Once completed, the acquisition is expected to build on this experience to deliver several distinct benefits to patients and physicians in Connecticut. These include significantly greater patient access and convenience through a combined patient service center network in the state, and thousands of test services, including highly advanced and novel genetic sequencing tests for cancer, neurological disorders and other diseases. The two organizations also intend to explore opportunities to collaborate in population health and data analytics, among other areas, based on Quest’s laboratory data.”
For the complete story click here: http://njbmagazine.com/njb-news-now/quest-diagnostics-to-acquire-clinical-laboratory-partners-outreach-laboratory-service-business/?utm_source=MagnetMail&utm_medium=email&utm_term=tseville@njbia.org&utm_content=11112015NJBIA_NJB_Today&utm_campaign=Executive%20Order%20Creates%20Military%20and%20Defense%20Economic%20Ombudsman%20
