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S.E.D. Labs to be Acquired by Quest Diagnostics
Date:1/3/2012

agnostics. "We look forward to joining together with S.E.D. Laboratories to serve Lovelace Health System and its patients and health plan members. In addition, this transaction will drive growth and is consistent with our stated approach to capital deployment."

Lovelace has invested more than $8 million in S.E.D. since it acquired the lab from St. Joseph Healthcare System in late 2002 and combined it with the Lovelace lab network in early 2003.  Among the large capital projects was the lab automation system put in place last fall.

About Lovelace
Lovelace Health System comprises a network of acute-care hospitals, a rehabilitation hospital, the Lovelace Health Plan offering access to a wide range of health care providers and specialists across New Mexico, S.E.D. Medical Laboratories, and retail pharmacy locations in Albuquerque, Rio Rancho and Santa Fe.

About Quest Diagnostics
Quest Diagnostics is the world's leading provider of diagnostic testing, information and services that patients and doctors need to make better healthcare decisions. The company offers the broadest access to diagnostic testing services through its network of laboratories and patient service centers, and provides interpretive consultation through its extensive medical and scientific staff. Quest Diagnostics is a pioneer in developing innovative diagnostic tests and advanced healthcare information technology solutions that help improve patient care. Additional company information is available at www.QuestDiagnostics.com or follow us at Facebook.com/QuestDiagnostics and Twitter.com/QuestDX.Contacts:

For Lovelace Health System:

 For Quest Diagnostics: 

Laurie Volkin

 Kathleen Valentine (Investors)  

(505) 727-5503

973-520-2900  

laurie.volkin@lovelace.com '/>"/>

SOURCE Quest Diagnostics Incorporated; Lovelace Health System
Copyright©2010 PR Newswire.
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