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In May 2011, Quest paid $241 million to the state of California to settle a False Claims Act case that alleged the company had overcharged Medi-Cal, the state's Medicaid program, and provided illegal kickbacks as incentives for healthcare providers to use Quest labs. [52] In 2018, Quest Diagnostics was among a number of US based labs linked to ...
In 2016, an estimated 60% of revenue was done by hospital labs, with 25% done by two independent companies (LabCorp and Quest). [24] Hospital labs may also outsource their lab, known as outreach, to run tests; however, health insurers may pay the hospitals more than they would pay a laboratory company for the same test, but as of 2016, the ...
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In June 2006, it acquired Signet Laboratories, a provider of monoclonal antibodies used in the research of cancer, infectious disease, and neurodegenerative disease, for $8.95 million. [22] In 2007, the company opened a laboratory in Shanghai, China. [23] In 2019, it opened a research and development center in Shanghai. [24]
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Sunquest Information Systems Inc. is a U.S. developer of medical laboratory and diagnostic software. It was founded in 1979 and as of 2012, is a subsidiary of Roper Technologies . [ 1 ] Sunquest software includes clinical diagnostic data management , blood bank data management, molecular diagnostics analysis and reporting, and multi-laboratory ...
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NeoGenomics first received state and national-level laboratory certifications in 2002. Three years later in 2005, the company developed a technical-only service model using FISH. In 2013, the company launched its sequencing platform [3] and was listed on the Nasdaq Stock Market as NEO. In 2014, NeoGenomics launched molecular tests including BTK ...
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