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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 ...
Clinical laboratory services includes large multinational corporations such LabCorp, Quest Diagnostics, and Sonic Healthcare [23] but a significant portion of revenue, estimated at 60% in the United States, is generated by hospital labs. [24] In 2018, the total global revenue for these companies was estimated to reach $146 billion by 2024. [25]
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The company completed the corporate spin-offs of Quest Diagnostics and Covance (now Fortrea) in January 1997. [3] Corning is one of the main suppliers to Apple Inc. Since working with Steve Jobs in 2007, to develop the iPhone; [4] Corning develops and manufactures Gorilla Glass, which is used by many smartphone makers.
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