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Anthem, Quest Enter Strategic Relationship

NEW YORK – Anthem and Quest Diagnostics said on Monday that have entered into a strategic relationship to improve efficiency in the delivery of healthcare.

The companies said they plan to work together to reduce costs by driving operational improvements, creating price transparency, and improving consumer engagement and outcomes.

The strategic relationship will focus on consumers in California, Connecticut, Georgia, Indiana, Kentucky, Maine, Missouri, New Hampshire, New York, Ohio, Virginia, and Wisconsin.

"We are pleased to collaborate with Quest Diagnostics," Paul Marchetti, senior VP of health care management at Anthem, said in a statement. "Quest's tools and programs will provide critical insights to enable better healthcare for the consumers and communities we serve."

"We value our relationship with Anthem, and are excited about the framework of this agreement," said Jim Davis, executive vice president, general diagnostics at Quest. "We look forward to demonstrating how our innovative solutions can help Anthem drive improvements in healthcare."

Financial and other terms of the agreement were not disclosed.