Labcorp completed the acquisition of select outreach laboratory assets from Community Health Systems for $195m.

Labcorp, an American healthcare company, completed the acquisition of select outreach laboratory assets from Community Health Systems, a healthcare provider that operates general acute care hospitals, outpatient and urgent care centers, for $195m. "Completing this transaction with Labcorp allows our health systems to focus on core services and improve the overall patient experience, aligning with our unwavering commitment to providing high-quality, accessible healthcare to our communities. Labcorp’s scale and investment in technology supports its ability to efficiently deliver outreach laboratory services to patients and healthcare consumers,” Kevin Hammons, Community Health Systems President and Interim Chief Executive Officer.