Quest Diagnostics To Buy Summit Health - Quick Facts

(RTTNews) - Quest Diagnostics Inc. (DGX), a provider of diagnostic information services, has inked a definitive purchase agreement to acquire Summit Health for undisclosed terms. The acquisition is likely to close in the first half of 2014.

Summit Health, a privately-held company headquartered in Novi, Michigan with an office in Scottsdale, Arizona, is a provider of on-site prevention and wellness programs primarily for employers.

According to the company, Summit Health's services complement the health and wellness business of Quest Diagnostics, that includes the company's Blueprint for Wellness health assessment services for employers and individuals.

According to Richard Penington, Summit Health's Chief executive, "By joining forces, we will be uniquely positioned to help clients and their employees and members promote healthier lives, reduce costs and support the national focus on prevention and wellness. Combining Summit's on-site excellence with Quest's expertise in quality clinical laboratory testing helps us to advance our vision of enabling preventive care, early intervention and good health."