Search results
Results from the WOW.Com Content Network
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 ]
Quest Diagnostics' (DGX) nine deals concluded in 2018 strengthen its potential to fulfill its goals set for 2019.
Diagnostic information services provider Quest Diagnostics announced yesterday that it had completed the acquisition of the clinical outreach services of Dignity Health, a California-based hospital.
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.
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.
(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.
The acquisition price was reduced to $204 million after federal officials issued subpoenas in an investigation of Medicare billing practices. [ 11 ] [ 12 ] [ 13 ] In April 1995, Hoffmann-La Roche , a division of Roche , contributed Roche Biomedical Laboratories, Inc. and US$186.7 million in cash to National Health Laboratories Holdings, in ...
Quest provided guidance for 2022 which calls for a total revenue to decline between 9.9% and 8.6%, though it also expects base revenues to increase approximately 5.0%. Earnings per share is ...