"We look forward to working closely with Mercy to support their lab strategy. As pressures from the pandemic ease, and customer expectations and reimbursement pressures rise, we are talking to more and more top health systems about how Quest can help them enhance the effectiveness of their lab strategies." Mercy selected Quest Diagnostics based on several factors, including Quest Diagnostics' commitment to quality, innovation, cost efficiencies and patient care. Another factor was Mercy and Quest's shared commitment to assisting underserved communities: In 2020, Quest Diagnostics, through its foundation, pledged to invest more than $100 million to address racial disparities in healthcare through its Quest for Health Equity initiative. The parties expect to complete the transaction in the second quarter of 2021, subject to customary regulatory approvals. Financial details of the transaction were not disclosed. About Quest Diagnostics Quest Diagnostics empowers people to take action to improve health outcomes.