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Quest Diagnostics to Acquire LifeLabs
“Patient Data to Remain in Canada”
Quest Diagnostics Inc., a U.S.-based medical testing giant, is set to acquire Canada’s largest lab testing company, LifeLabs Medical Laboratory Services, for $1.35 billion. The deal ensures that LifeLabs will retain its brand, Canadian headquarters, and management team.
Notably, patient data will continue to be stored in Canada, adhering to local privacy regulations. This acquisition is expected to close by the end of the year, pending regulatory approvals.
Here are some key points regarding the handling of private and personal data after the acquisition of LifeLabs Medical Laboratory Services by Quest Diagnostics Inc.:
Data Storage Location: Quest Diagnostics plans to keep patients’ health data stored in Canada, according to a joint statement. This implies that the data will remain within Canadian jurisdiction, which has its own privacy regulations.
Continued Operations: LifeLabs will keep its brand, its Canadian headquarters, and its management team after the acquisition closes. This continuity suggests that existing protocols and practices regarding data handling and privacy will likely remain in place initially.
Regulatory Approvals: The acquisition is subject to regulatory approvals. Part of these approvals may involve scrutiny over data privacy practices to ensure compliance with Canadian laws.
No Changes to Staffing: According to a spokesperson for Ontario Minister of Health Sylvia Jones, there will be no changes to any staffing, which could indicate that the existing teams responsible for data privacy and security will continue their roles.
As reported by several news outlets, these points collectively suggest that while ownership of LifeLabs is transferring to a U.S.-based company, the data privacy practices and regulations will continue to be governed by Canadian laws, with no immediate changes to how data is managed or by whom.
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