WSJ: Tower Health Pottstown Part of New Lab Services Arrangement with Quest Diagnostics
In an arrangement proported to enhance the quality and value of healthcare services, Quest Diganostics and Tower Health have announced a collaborative business arrangement. The Wall Street Journal covered the partnership.
The partnership is expected to have implications across the Tower Health network, including its presence in Pottstown.
Under the multi-year agreement, Quest will provide laboratory supply-chain expertise, including the purchase of capital equipment, supplies, and reagents. Quest will also continue to perform reference testing for Tower, in addition to further exploring additional opportunities that drive long-term value for both organizations.
Jim Davis, CEO and President, Quest Diagnostics, said: “As more people return to care and hospitals contend with post-COVID-19 challenges, hospital systems like Tower Health are turning to Quest for help on executing their lab strategy, taking advantage of our expertise, innovation, and scale so they can focus on caring for patients and the community.”
Tower Health president and CEO P. Sue Perrotty commented, “The ability to leverage Quest’s purchasing power for equipment and supplies and their expertise in supply chain logistics allows us to continue to do what we do best: provide high-quality care to our patients.”
More on this business arrangement is at The Wall Street Journal.
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Why are lab results so important in healthcare? This Salt Lake City report explains.
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