Labcorp to acquire outreach lab business of Ascension for $400m.

Labcorp, a global life sciences company, agreed to acquire outreach lab business of Ascension, a health system company, for $400m. "By connecting two mission-driven organizations delivering high-quality service and care, we can provide care teams with the information and tools needed to make the best possible decisions to improve patient outcomes. This relationship highlights Labcorp’s ability to help health systems effectively manage industry-wide shifts and offer patients expanded testing services as we work to improve health and improve lives," Adam Schechter, Labcorp Chairman and CEO.