Labcorp to acquire the outreach laboratory business from Baystate Health.

Labcorp, a laboratory services provider, agreed to acquire the outreach laboratory business and select operating assets from Baystate Health, a not-for-profit, integrated healthcare system. Financial terms were not disclosed. "Labcorp is focused on delivering high-quality, cost-effective laboratory testing to health systems, physicians, patients, health plans and communities we serve. We are thrilled to grow our important relationship with Baystate Health and to realize our shared vision to enhance the patient and provider experience in the communities Baystate serves," Bill Haas, Labcorp Senior Vice President of Northeast Division.