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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 ...
Quest Software was founded in 1987 in Newport Beach, California, with a line of products for HP Multi-Programming Executive (MPE). In 1995, Vinny Smith [ 1 ] joined the company. The following year, Quest entered the database management market with an Oracle SQL database tuning product.
a former PAML location acquired by LabCorp in the 2017. In September 2010, Labcorp acquired Genzyme Genetics, formerly a division of Genzyme Corporation, with 9 testing laboratories and approximately 1,900 employees, for $925 million in cash. [36] In February 2011, Labcorp acquired the assets of bankrupt Westcliff Medical Laboratory.
CFO succession plans, according to RRA's data, are coming to fruition: Overall, 55% of global incoming finance chiefs were internal candidates, a figure that rises to 66% among the S&P 500 ...
(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 CEO of a California biotech company, Decision Diagnostics, claimed to have a finger-prick test that could detect Covid-19 and used multiple fake identities to pump up the company’s stock ...
A chief financial officer (CFO) is an officer of a company or organization who is assigned the primary responsibility for making decisions for the company for projects and its finances; i.a.: financial planning, management of financial risks, record-keeping, and financial reporting, and, increasingly, the analysis of data.
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