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Quest Diagnostics set a record in April 2009 when it paid $302 million to the government to settle a Medicare fraud case alleging the company sold faulty medical testing kits. It was the largest qui tam ( whistleblower ) settlement paid by a medical lab for manufacturing and distributing a faulty product. [ 51 ]
Celera Corporation is a subsidiary of Quest Diagnostics which focuses on genetic sequencing and related technologies. It was founded in 1998 as a business unit of Applera , spun off into an independent company in 2008, and finally acquired by Quest Diagnostics in 2011.
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(Reuters) - Laboratory operator Quest Diagnostics raised its 2024 profit and revenue forecast on Tuesday after beating first-quarter estimates on robust demand for its diagnostic tests.
Nuvance Health was formed in 2019 when Health Quest and Western Connecticut Health Network merged. [ 1 ] [ 2 ] In early 2024, Nuvance Health announced it was merging with Northwell Health . [ 3 ] It employs approximately 2,600 physicians and 12,000 ancillary staff, and serves approximately 1.5 million residents.