Here are five health systems selling off their lab businesses that Becker’s has reported on since August:
- In November, Portland, Ore.-based Legacy Health sold its laboratory operations to Labcorp as the system looks to emerge from a ‘financial crisis.’
- In October, Springfield, Mass.-based Baystate Health sold its lab assets to Labcorp for an undisclosed amount.
- In August, Philadelphia-based Jefferson Health sold its lab assets to Labcorp for $108 million.
- In August, New York City-based NewYork-Presbyterian sold its lab assets to Quest Diagnostics for $275 million.
- In August, Boston-based Tufts Medicine sold its lab business to Labcorp.