Thursday, July 18, 2019
Catholic Health Services (CHS), an integrated health care delivery system with a 24% market share on Long Island, is teaming up with Quest Diagnostics (NYSE: DGX), the world's leading provider of diagnostic information services, to enhance the quality and value of diagnostic services to patients and their doctors. Within the new partnership, Quest will provide laboratory and supply chain expertise, as well as perform laboratory reference testing.
"We are pleased to partner with Catholic Health Services, a leader in health care delivery on Long Island," said Quest Diagnostics Chairman, President and CEO Steve Rusckowski. "As part of our strategy to accelerate growth and drive operational excellence, Quest is collaborating with an increasing number of leading integrated health care delivery systems like Catholic Health Services, which are looking to focus on their core business by taking advantage of our expertise, innovation and scale."
Under the agreement, Quest will manage laboratory equipment, supplies and procurement processes for six hospitals, a core lab, a cancer center and an infusion center within the CHS system, in addition to providing reference testing. This partnership allows CHS to offer a single source laboratory solution to its physician community at the highest quality and value.
"Today's health care is constantly evolving, presenting challenges and opportunities for health systems like ours," said CHS's Chief Operating Officer Dennis Verzi. "We chose Quest Diagnostics to benefit from their innovative technologies, reach and diagnostic capabilities. Most importantly, this new venture will allow us to remain focused on improving patient care and outcomes on Long Island, while teaming up with a leader in the field who has access to the most sophisticated diagnostic equipment available."