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Quest Diagnostics news and information

Magazine
Outsourcing lab services can save money, but it's not that simple
By Jaimy Lee | August 30, 2014 | Print Magazine Print Magazine Subscription Details
Hospitals increasingly are outsourcing nonclinical services such as laundry and food to save money. Now, some are turning the cost spotlight on clinical services such as labs and diagnostic imaging. But such moves require hospitals to evaluate service and quality issues.
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News
Quest Diagnostics' net income hit by hospital competition
By Bob Herman | July 24, 2014 | Basic Web Basic Web Subscription Details
Increasing competition from hospitals and one-time charges spelled a drop in second-quarter net income for Quest Diagnostics, but the Madison, N.J.-based diagnostic laboratory company recorded steady revenue growth thanks to acquisitions and higher clinical volumes.
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News
Reform Update: New economic data suggest spike in health spending
By Melanie Evans | April 30, 2014 | Basic Web Basic Web Subscription Details
The White House sought to quash any fear that Obamacare is reversing downward trends in health spending as very preliminary estimates for U.S. economic growth in the first months of 2014 suggested spending on healthcare is rebounding sharply.
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News
Harsh winter hurt Quest Diagnostics net income
By Jaimy Lee | April 24, 2014 | Basic Web Basic Web Subscription Details
Quest Diagnostics, the largest provider of laboratory testing services, said that profits fell in the first quarter of this year, with the harsh winter weather as a primary driver of the quarterly decline.
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News
Quest Diagnostics expands wellness offerings with Summit Health deal
By Beth Kutscher | March 11, 2014 | Basic Web Basic Web Subscription Details
Quest Diagnostics has forged an agreement to acquire wellness program provider Summit Health. Summit, based in Novi, Mich., employs a national network of nurses who provide on-site programs, primarily for employers, including health screenings, disease prevention and wellness education and...
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News
HHS issues rule granting patients direct access to lab test results
By Joseph Conn | February 03, 2014 | Basic Web Basic Web Subscription Details
A new federal rule on the exchange of health data removes legal barriers that stop medical laboratories from providing lab test results directly to patients and their designees, such as developers of their personal health records systems. The rule preempts laws in 13 states and lifts a federal...
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News
Quest reports 3% drop in revenue in 2013
By Jaimy Lee | January 30, 2014 | Basic Web Basic Web Subscription Details
Quest Diagnostics' revenue fell about 3% in 2013 as the company continues to deal with lower utilization and declining reimbursement of laboratory and diagnostic services.
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Magazine
Regional News/West: UCSF to work with Quest to develop marker tests
By Jaimy Lee | January 11, 2014 | Print Magazine Print Magazine Subscription Details
Quest Diagnostics and the University of California at San Francisco will work together to develop new diagnostic tests, a collaboration that pairs an academic research organization with the world's largest diagnostic services provider. The organizations...
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News
Quest, UCSF partner on developing diagnostic tests
By Jaimy Lee | January 09, 2014 | Basic Web Basic Web Subscription Details
Quest Diagnostics and the University of California at San Francisco will work together to develop new diagnostic tests, a collaboration that pairs an academic research organization with the world's largest diagnostic services provider.
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News
Myriad sues Quest over cancer gene testing
By Jaimy Lee | October 25, 2013 | Basic Web Basic Web Subscription Details
As expected, Myriad Genetics filed a lawsuit alleging that Quest Diagnostics' recent entry into the BRCA gene testing market for breast and ovarian cancers violates Myriad's patents.
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