Open main menu
Home
Random
Recent changes
Special pages
Community portal
Preferences
About Wikipedia
Disclaimers
Incubator escapee wiki
Search
User menu
Talk
Dark mode
Contributions
Create account
Log in
Editing
Quest Diagnostics
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
{{short description|American clinical laboratory company}} {{Use mdy dates|date=January 2023}} {{Infobox company | name = Quest Diagnostics Incorporated | logo = File:Quest Diagnostics logo 2015.png | type = [[Public company|Public]] | traded_as = {{ubl|{{NYSE|DGX}}|[[S&P 500]] component}} | founder = Paul Brown | area_served = {{flatlist| * [[United States]] * [[Brazil]] * [[Mexico]] }} | key_people = Jim Davis ([[Chief executive officer|CEO]])<ref>{{Cite web |url=https://ir.questdiagnostics.com/governance/management-team/default.aspx |title=Quest Diagnostics - Governance - Management Team |publisher=Quest Diagnostics Investor Relations |access-date=January 17, 2023}}{{self published source|date=January 2023}}</ref> | industry = [[Health care]] | genre = | products = | services = {{flatlist| * [[Medical test]]ing * [[Molecular diagnostics]] * [[Clinical chemistry]] }} | revenue = {{increase}} {{US$|9.87 billion|link=yes}} (2024) | operating_income = {{increase}} {{US$|1.35 billion}} (2024) | net_income = {{increase}} {{US$|871 million}} (2024) | assets = {{increase}} {{US$|16.2 billion}} (2024) | equity = {{increase}} {{US$|6.81 billion}} (2024) | num_employees = 56,000 (2024) | parent = | divisions = | subsid = | founded = {{Start date and age|1967}}, in [[New York City]], U.S. | hq_location = {{nowrap|[[Secaucus, New Jersey]], U.S.}} | locations = | website = {{URL|https://questdiagnostics.com}} | footnotes = <ref name="Quest 2024 Report">{{cite web |title=Quest Diagnostics: 2024 annual report (Form 10-K) |url=https://www.sec.gov/ix?doc=/Archives/edgar/data/1022079/000102207925000044/dgx-20241231.htm |date=February 20, 2025 |access-date=March 5, 2025 |publisher=U.S. Securities and Exchange Commission}}</ref> }} '''Quest Diagnostics Incorporated''' is an American [[clinical laboratory]]. A [[Fortune 500|''Fortune'' 500]] company, Quest operates in the [[United States]], [[Puerto Rico]], [[Mexico]], and [[Brazil]].<ref>{{Cite web |url=https://www.questdiagnostics.com/home/about/locations/international-contact |title=International Facilities & Operations |publisher=Quest Diagnostics|access-date=October 17, 2018}}</ref> Quest also maintains collaborative agreements with various hospitals and clinics across the globe.<ref>{{cite web |url=http://www.questdiagnostics.com/brand/business/b_bus_lab_presence.html |title=Our Growing International Presence |publisher=Quest Diagnostics |access-date=February 15, 2012 |archive-url=https://web.archive.org/web/20120303165425/http://www.questdiagnostics.com/brand/business/b_bus_lab_presence.html |archive-date=March 3, 2012}}</ref> As of 2020, the company had approximately 48,000 employees, and it generated more than $7.7 billion in revenue in 2019.<ref>{{Cite web |url=https://www.sec.gov/Archives/edgar/data/1022079/000102207918000038/dgx1231201710-k.htm |title=Quest Diagnostics Incorporated Form 10-K |date=December 31, 2017 |publisher=U.S. Securities and Exchange Commission|access-date=October 17, 2018}}</ref><ref name="Reading Eagle 2020">{{cite news |last1=Herman |first1=Holly |title=Quest Diagnostics recalling many furloughed employees as routine testing rebounds |url=https://www.readingeagle.com/2020/06/25/quest-diagnostics-recalling-many-furloughed-employees-as-routine-testing-rebounds/ |work=Reading Eagle |date=June 25, 2020 |access-date=August 12, 2020}}</ref> The company offers access to diagnostic testing services for [[cancer]], [[cardiovascular disease]], infectious disease, [[neurological disorder]]s, [[COVID-19]], and employment and court-ordered [[drug test]]ing.<ref name=2015AnnualReport>{{cite news |url=http://ir.questdiagnostics.com/phoenix.zhtml?c=82068&p=irol-reportsannual |publisher=Quest Diagnostics |title=Annual Reports |date=December 31, 2015 | access-date=October 26, 2016}}</ref> ==History== [[File:Counter space at Quest Diagnostics in Franconia.jpg|thumb|left|Interior of a Patient Service Center in [[Franconia, Virginia]]]] === 1960–1995 === Originally founded as Metropolitan Pathology Laboratory, Inc. in 1967 by [[Paul A. Brown, MD]], the clinical laboratory underwent a variety of name changes.<ref>{{Cite news |url=https://www.northjersey.com/story/news/bergen/teterboro/2017/04/21/quest-diagnostics-celebrates-50-years/100691142/ |title=Quest Diagnostics celebrates 50 years |work=North Jersey|access-date=October 23, 2018}}</ref> In 1969, the company's name changed to MetPath, Inc.<ref>{{Cite news |url=https://www.theridgefieldpress.com/15093-a-raymond-bessette-82-investment-banker-built-skating-rink/ |title=A. Raymond Bessette, 82, investment banker, built skating rink |date=March 5, 2013 |work=The Ridgefield Press|access-date=October 23, 2018}}</ref> with headquarters in [[Teaneck, New Jersey]]. By 1982, MetPath was acquired by what was then known as [[Corning Glass Works]]<ref>{{Cite news |url=https://www.nytimes.com/1981/11/20/business/corning-glass-to-buy-metpath.html |title=Corning Glass To Buy Metpath|access-date=October 23, 2018 |work=The New York Times|date=November 20, 1981 }}</ref> and was subsequently renamed Corning Clinical Laboratories.<ref name=":0">{{Cite web |url=http://www.fundinguniverse.com/company-histories/quest-diagnostics-inc-history/ |title=History of Quest Diagnostics Inc. |publisher=FundingUniverse|access-date=October 23, 2018|archive-url=https://web.archive.org/web/20181023120305/http://www.fundinguniverse.com/company-histories/quest-diagnostics-inc-history/|archive-date=October 23, 2018}}</ref> === 1996–2000 === On December 31, 1996, Quest Diagnostics became an independent company as a [[Corporate spin-off|spin-off]] from [[Corning Incorporated|Corning]].<ref name=":0" /><ref>{{Cite news |url=https://www.nytimes.com/1996/11/28/business/corning-to-spin-off-2-subsidiaries-to-shareholders.html |title=Corning to Spin Off 2 Subsidiaries to Shareholders |agency=Reuters|access-date=October 31, 2018 |work=The New York Times|date=November 28, 1996 }}</ref> [[Kenneth W. Freeman]] was appointed as [[CEO]] during this transition.<ref>{{Cite web |url=https://bucknellian.net/81788/news/kenneth-w-freeman-college-management-named-25-million-donation/ |title=Kenneth W. Freeman college of management named after $25 million donation |work=The Bucknellian |last=Nicolai |first=Kathryn|access-date=October 31, 2018 |date=February 2018}}</ref><ref>{{Cite news |url=http://www.bu.edu/today/2010/kenneth-w-freeman-named-dean-of-smg/ |title=Kenneth W. Freeman Named Dean of SMG |work=BU Today |publisher=Boston University|access-date=October 31, 2018}}</ref> Over the next year, Quest acquired a clinical laboratory division of [[Branford, Connecticut]]–based Diagnostic Medical Laboratory, Inc. (DML).<ref>{{cite web |url=http://phx.corporate-ir.net/phoenix.zhtml?c=82068&p=irol-newsArticle&ID=199488&highlight= |title=Quest Diagnostics Acquires Assets Of Diagnostics Medical Laboratory Inc. |publisher=Quest Diagnostics |access-date=February 15, 2012}}</ref> Two years later in 1999, Quest added [[GlaxoSmithKline|SmithKline Beecham]] Clinical Laboratories to their subsidiaries;<ref>{{Cite news |url=https://seekingalpha.com/article/371261-investors-should-wait-out-quest-and-labcorp |title=Investors Should Wait Out Quest And LabCorp |last=Nouri |first=Paul |date=February 16, 2012 |work=Seeking Alpha|access-date=October 31, 2018}}</ref><ref>{{Cite news |url=https://hbr.org/2016/02/a-guide-to-being-compassionate-during-layoffs |title=A Guide to Being Compassionate During Layoffs |date=February 25, 2016 |work=Harvard Business Review|access-date=October 31, 2018}}</ref> which includes a joint venture ownership with CompuNet Clinical Laboratory.<ref>{{Cite web |url=https://www.bizjournals.com/dayton/news/2014/10/20/compunet-names-new-ceo.html |title=Compunet names new CEO |website=Dayton Business Journal |date=October 20, 2014|access-date=October 31, 2018}}</ref> The purchase of SmithKline Beecham also included the lab's medical sample transport airline {{Airline codes|<!--no iata-->|LBQ|LABQUEST}} originally founded in 1988.<ref>{{cite web |url=https://arstechnica.com/cars/2020/04/a-look-at-the-airline-that-flies-covid-19-samples-around-the-country/ |work=[[Ars Technica]] |first=Eric |last=Tegler |title=Appearing nightly, the Quest Diagnostics Air Force |date=April 29, 2020}}</ref> In 1997, Quest and [[Banner Health]] formed a joint venture creating the Arizona based Sonora Quest laboratory, a business unit of Laboratory Sciences of Arizona.<Ref>{{cite web | url=https://www.sonoraquest.com/newsroom/posts/sonora-quest-laboratories-celebrates-20th-anniversary/ | title=Sonora Quest Laboratories Celebrates 20th Anniversary | Newsroom }}</ref> This entity represents the operations of Quest Diagnostics in the Arizona regional market. === 2001–2015 === [[File:Steve Rusckowski at the World Economic Forum.jpg|thumb|Steve Rusckowski, the chairman, president, and CEO of Quest Diagnostics at the [[World Economic Forum]] in 2017]] From May 2004 to April 2012, Surya Mohapatra served as the company's President and CEO. In 2007 Quest acquired diagnostic testing equipment company AmeriPath.<ref name="Reuters">{{Cite web |title=Quest Buying AmeriPath For $1.23 Billion |agency=Reuters |website=[[CNBC]]| access-date = February 4, 2019 |date=April 16, 2007 |url=https://www.cnbc.com/2007/04/16/quest-buying-ameripath-for-123-billion.html}}</ref> In response to Mohapatra's resignation after eight years with Quest, former Philips Healthcare CEO Stephen Rusckowski was appointed.<ref>{{cite web |url=https://www8.gsb.columbia.edu/cbs-directory/detail/snm2127= |title=Surya N. Mohapatra |publisher=Columbia Business Schools |access-date=March 31, 2018}}</ref> Under Rusckowski, Quest Diagnostics teamed up with central New England's largest health care system, [[UMass Memorial Health Care]], to purchase its clinical outreach laboratory.<ref>{{cite web |url=https://finance.yahoo.com/news/dgx-buy-umass-medical-lab-113034613.html |title=DGX to Buy UMass Medical Lab (revised) |date=October 23, 2012 |publisher=Yahoo! Finance|access-date=May 18, 2015}}</ref> === 2016–present === In 2016, Quest collaborated with [[Safeway Inc.|Safeway]] to bring testing services to twelve of its stores in California, Maryland, Virginia, Texas and Colorado.<ref>{{Cite news |url=https://www.supermarketnews.com/nonfood-pharmacy/safeway-quest-diagnostics-bring-testing-services-12-stores |title=Safeway, Quest Diagnostics bring testing services to 12 stores |date=June 15, 2016 |work=Supermarket News|access-date=October 23, 2018}}</ref> By the end of 2017, Quest, in partnership with [[Walmart]], incorporated laboratory testing in about 15 of their locations in Texas and Florida.<ref>{{Cite web |url=https://www.pharmacist.com/article/walmart-partners-quest-diagnostics-bring-lab-testing-15-stores |title=Walmart partners with Quest Diagnostics to bring lab testing to 15 stores |website=pharmacist.com|access-date=November 7, 2018}}</ref> In May 2018, the company announced it will become an in-network laboratory provider to [[UnitedHealthcare]] starting in 2019, providing access to 48 million plan members.<ref>{{Cite news |url=https://www.cnbc.com/2018/05/26/quest-and-labcorp-shares-surge-on-optimism-shrug-off-contract-losses.html |title=Here's why investors are cheering Quest and LabCorp losing their exclusive contracts |last=Coombs |first=Bertha |date=May 26, 2018 |publisher=CNBC|access-date=December 3, 2018}}</ref> In September 2018, Quest moved its headquarters from Madison, where it was located since 2007, to [[Secaucus, New Jersey]].<ref>{{Cite news |url=https://www.roi-nj.com/2018/09/27/healthcare/for-murphy-quest-ribbon-cutting-is-example-of-what-can-be/ |title=For Murphy, Quest Diagnostics ribbon-cutting is example of what can be |date=September 27, 2018 |work=ROI-NJ|access-date=October 23, 2018}}</ref><ref>{{Cite news |url=https://www.nj.com/hudson/index.ssf/2016/06/quest_diagnostics_to_relocate_headquarters_to_seca.html |title=Quest Diagnostics to relocate headquarters to Secaucus |work=The Star-Ledger|access-date=October 23, 2018}}</ref> In November 2018, Quest launched QuestDirect, a consumer-initiated testing service that allows patients to order health and wellness lab testing from home.<ref>{{Cite web |title=Quest Launches Patient-Initiated Testing to Address Changing Consumer Preferences |url=https://www.360dx.com/infectious-disease/quest-launches-patient-initiated-testing-address-changing-consumer-preferences|access-date=September 13, 2020 |website=360Dx |date=January 17, 2017 |language=en-us}}</ref><ref>{{Cite web |title=QuestDirect |url=https://www.360dx.com/resources/new-product/questdirect|access-date=September 13, 2020 |website=360Dx |date=November 7, 2018 |language=en-us}}</ref> In March 2020, the company launched a [[COVID-19]] testing service.<ref>{{Cite web |last=Stankiewicz |first=Kevin |date=March 24, 2020 |title=Two large US private labs say they could soon process 300,000 coronavirus tests per week |url=https://www.cnbc.com/2020/03/24/coronavirus-labcorp-quest-diagnostics-are-growing-testing-capacity.html|access-date=August 19, 2020 |website=CNBC |language=en}}</ref> As of July 2020, Quest had performed more than 9.2 million COVID-19 molecular tests and 2.8 million serology tests.<ref>{{Cite web |date=July 28, 2020 |title=Quest Diagnostics addresses testing capacity and lengthy turnaround times |url=https://www.turnto23.com/news/coronavirus/quest-diagnostics-addresses-testing-capacity-and-lengthy-turnaround-times|access-date=August 19, 2020 |website=KERO |language=en}}</ref> In April 2024, Quest has added a new blood screening to their AD-Detect product line. This test will analyze the blood for a specific Alzheimer's protein, pTau-217.<ref>{{Cite web |last=Hale |first=Conor |date=April 22, 2024 |title=Labcorp, Quest add new blood tests for Alzheimer's, brain tissue damage |url=https://www.fiercebiotech.com/medtech/labcorp-quest-add-new-blood-tests-alzheimers-brain-tissue-damage |access-date=April 23, 2024 |website=Fierce Biotech}}</ref> In Febuaray 2025, [[Fresenius Medical Care]] announced via Helen Giza (CEO, Chair of the management board and acting CFO) that "under terms of a definitive acquisition agreement, Quest will acquire select assets of FME’s wholly owned Spectra Laboratories, a leading provider of renal-specific laboratory testing services in the U.S." In addition, under a separate agreement, "Quest will provide comprehensive laboratory services related to end-stage kidney disease (ESKD) and specialized water testing for patients and providers served by dialysis centers operated by Fresenius Medical Care and its wholly owned and joint-venture partners in the United States."<ref>{{cite web | title=Fresenius Medical Care Announces Divestment of Select Laboratory Assets to Quest Diagnostics | website=Fresenius Medical Care | date=Feb 25, 2025 | url=https://freseniusmedicalcare.com/en/media/newsroom/divestment-of-select-laboratory-assets-to-quest-diagnostics/?utm_source=marketo&utm_medium=email&utm_campaign=25feb2025_q4_financial_earnings&utm_content=allemployees&mkt_tok=OTU3LU5FTi0wNzAAAAGY2r3ewNz-EC-ZQLWgE2PTs1VtVVotNcCjO7nsFdksHR0m8M-tevcQ0g_CPwrc-zxEo2h7xsVf4QMs2HGHOOgB1pxhNVvT1XGIkDGVgPI2KNwgfw | ref={{sfnref|Fresenius Medical Care|2025}} | access-date=2025-02-25}}</ref> ==Acquisitions== {{sticky header}} {| class="wikitable sortable sticky-header" |- ! style="width:120px;" scope="col"|Date ! scope=col|Company ! scope=col|Business ! scope=col|Location ! scope=col|Value ([[USD]]) !class="unsortable" scope=col| References |- | {{dts|1999}} | [[SmithKline Beecham Clinical Laboratories]] | Laboratory | [[USA]] | style="text-align: right;" | {{nts|1300000000}} | style="text-align: center;" | <ref>{{cite news |title=Quest Diagnostics to Complete Acquisition of SmithKline Beecham Clinical Laboratories |url=https://ir.questdiagnostics.com/press-releases/press-release-details/1999/Quest-Diagnostics-to-Complete-Acquisition-of-SmithKline-Beecham-Clinical-Laboratories/default.aspx |publisher=Quest |date=Aug 9, 1999}}</ref> |- | {{dts|2001}} | MedPlus, Inc. ({{NASDAQ|MEDP}}) | healthcare technology company | [[Ohio]] | style="text-align: right;" | | style="text-align: center;" | |- | {{dts|2002}} | American Medical Laboratories, Inc. (AML) & LabPortal, Inc. | healthcare technology company | [[Virginia]] | style="text-align: right;" | {{nts|500000000}} | style="text-align: center;" | |- | {{dts|2003}} | Unilab Corporation ({{NASDAQ|ULAB}}) | healthcare technology company | [[California]] | style="text-align: right;" | {{nts|800000000}} | style="text-align: center;" | |- | {{dts|2005}} | LabOne, Inc. ({{NASDAQ|LABS}}) | Employer drug testing and paramedical testing division | [[Lenexa, Kansas]] | style="text-align: right;" | {{nts|934000000}} | style="text-align: center;" | |- | {{dts|2006}} | Focus Diagnostics, Inc. | Infectious and immunologic disease laboratory | [[Virginia]] | style="text-align: right;" | {{nts|185000000}} | style="text-align: center;" | |- | {{dts|2007}} | [[Hemocue]] | point-of-care diagnostic testing | [[Sweden]] | style="text-align: right;" | | style="text-align: center;" | |- | {{dts|2007}} | AmeriPath (and subsidiary Specialty Laboratories) | cancer diagnostic testing | | style="text-align: right;" | | style="text-align: center;" | |- | {{dts|2011}} | Athena Diagnostics | cancer diagnostic testing | | style="text-align: right;" | | style="text-align: center;" | <ref>{{Cite news |url=https://dealbook.nytimes.com/2011/05/19/thermo-fisher-agrees-to-buy-phadia-for-3-5-billion/ |title=Thermo Fisher to Buy Phadia for $3.5 Billion |work=DealBook|date=May 19, 2011 |access-date=October 23, 2018}}</ref> |- | {{dts|2011}} | [[Celera Corporation]] | NGS | | style="text-align: right;" | | style="text-align: center;" | <ref>{{cite press release |url=https://www.celera.com/celera/pr_1305673632 |title=Quest Diagnostics Successfully Completes Acquisition of Celera |archive-url=https://web.archive.org/web/20110709051849/https://www.celera.com/celera/pr_1305673632 |archive-date=July 9, 2011 |date=May 17, 2011 |publisher=Celera Corporation |access-date=February 16, 2012}}</ref> |- | {{dts|2013}} | Outreach for [[UMass Memorial Health]] | Laboratory | [[Massachusetts]] | style="text-align: right;" | | style="text-align: center;" | <ref>{{cite news |title=Quest Diagnostics Acquires UMass Memorial Medical Center's Clinical and Anatomic Pathology Outreach Laboratory Businesses |url=https://newsroom.questdiagnostics.com/2013-01-02-Quest-Diagnostics-Acquires-UMass-Memorial-Medical-Centers-Clinical-and-Anatomic-Pathology-Outreach-Laboratory-Businesses |work=Quest Diagnostics Newsroom |date=January 2, 2013}}</ref> |- | {{dts|2014}} | Solstas Lab Partners Group | Laboratory | [[North Carolina]] | style="text-align: right;" | {{nts|570000000}} | style="text-align: center;" | <ref>{{Cite news |title=Quest Diagnostics Acquires Solstas for $570M |date=February 15, 2014 |department=News: Industry Watch |type=paper |volume=34 |issue=4 |page=10}}</ref> |- | {{dts|2014}} | Summit Health, Inc. | | | style="text-align: right;" | | style="text-align: center;" | <ref>{{Cite web |title=Quest Diagnostics Completes Acquisition of Summit Health - Apr 21, 2014 |url=http://newsroom.questdiagnostics.com/2014-04-21-Quest-Diagnostics-Completes-Acquisition-of-Summit-Health |publisher=Quest Diagnostics|access-date = July 16, 2015}}</ref> |- | {{dts|2015}} | [[Barnabas Health]] | Laboratory operations | [[New Jersey]] | style="text-align: right;" | | style="text-align: center;" | <ref>{{cite news |title=Quest Diagnostics, Barnabas Health Enter Into Strategic Laboratory Partnership To Deliver High-value And Innovative Diagnostic Information Services |url=https://newsroom.questdiagnostics.com/2015-12-10-Quest-Diagnostics-Barnabas-Health-Enter-Into-Strategic-Laboratory-Partnership-To-Deliver-High-value-And-Innovative-Diagnostic-Information-Services |access-date=18 February 2024 |work=Quest Diagnostics Newsroom |date=December 10, 2015}}</ref> |- | {{dts|2017}} | [https://www.clevelandheartlab.com/# Cleveland HeartLab] | Laboratory | | style="text-align: right;" | | style="text-align: center;" | <ref>{{Cite news |url=http://www.cleveland.com/healthfit/index.ssf/2017/10/quest_diagnostics_to_acquire_c.html |title=Quest Diagnostics to acquire Cleveland Clinic spinoff Cleveland HeartLab |last=Christ |first=Ginger |date=October 19, 2017 |work=The Plain Dealer|access-date=October 19, 2017}}</ref> |- | {{dts|2018}} | Oxford Immunotec. | Laboratory | | style="text-align: right;" | | style="text-align: center;" | <ref>{{Cite news |url=https://www.roi-nj.com/2018/09/25/healthcare/quest-buying-u-s-lab-services-unit-from-british-firm/ |title=Quest buying U.S. lab services unit from British firm |date=September 25, 2018 |work=ROI-NJ|access-date=October 23, 2018}}</ref> |- | {{dts|2019}} | Boyce & Bynum Pathology Laboratories | Laboratory | | style="text-align: right;" | | style="text-align: center;" | <ref>{{Cite web |date=February 12, 2019 |title=Quest acquires BBPL's clinical lab services assets |url=https://www.roi-nj.com/2019/02/12/healthcare/quest-acquires-bbpls-clinical-lab-services-assets/|access-date=September 2, 2020 |website=ROI-NJ |language=en-US}}</ref> |- | {{dts|2020}} | Outreach for [[Memorial Hermann Health System]] | Outreach Laboratory | [[Houston]] | style="text-align: right;" | | style="text-align: center;" | <ref>{{Cite web |title=Quest Diagnostics Acquires Outreach Operations of Memorial Hermann Health System |url=https://www.360dx.com/clinical-lab-management/quest-diagnostics-acquires-outreach-operations-memorial-hermann-health|access-date=September 2, 2020 |website=360Dx |date=January 27, 2020 |language=en-us}}</ref> |- | {{dts|2020}} | [[Hackensack Meridian Health]] | Laboratory operations | [[New Jersey]] | style="text-align: right;" | | style="text-align: center;" | <ref>{{cite news |title=Quest Diagnostics (DGX) Ties Up With Hackensack Meridian Health |url=https://finance.yahoo.com/news/quest-diagnostics-dgx-ties-hackensack-155503894.html |access-date=18 February 2024 |work=Yahoo Finance |date=28 December 2020}}</ref> |- |2020 |Blueprint Genetics |Genetic testing and Sequencing |Helsinki, Finland |108,000,000<ref>{{Cite web |url=https://www.sec.gov/Archives/edgar/data/1022079/000102207920000107/R39.htm |access-date=2025-04-16 |website=www.sec.gov}}</ref> |<ref>{{Cite web |date=January 22, 2020 |title=Quest Diagnostics Acquires Blueprint Genetics to Broaden Access to Actionable Insights for Genetic and Rare Diseases |url=https://blueprintgenetics.com/news/quest-diagnostics-acquires-blueprint-genetics-to-broaden-access-to-actionable-insights-for-genetic-and-rare-diseases/ }}</ref> |- | {{dts|2021}} | Outreach for [[Mercy (healthcare organization)|Mercy]] | Outreach Laboratory | [[USA]] | style="text-align: right;" | | style="text-align: center;" | <ref>{{cite news |title=Quest Diagnostics Completes Acquisition of Mercy's Outreach Laboratory Services Business |url=https://newsroom.questdiagnostics.com/2021-06-01-Quest-Diagnostics-Completes-Acquisition-of-Mercys-Outreach-Laboratory-Services-Business |work=Quest Diagnostics Newsroom |date=June 1, 2021}}</ref> |- | {{dts|2023}} | Outreach for [[NewYork-Presbyterian Hospital]] | Outreach Laboratory | [[New York City|New York]] | style="text-align: right;" | | style="text-align: center;" | <ref>{{cite news |last1=Redmond |first1=Kimberly |title=Quest finalizes acquisition of certain New York-Presbyterian lab services |url=https://njbiz.com/quest-finalizes-acquisition-of-certain-new-york-presbyterian-lab-services/ |access-date=17 February 2024 |work=NJBiz}}</ref> |- | {{dts|2023}} | Haystack Oncology | healthcare technology company | [[Hamburg|Hamburg]] | style="text-align: right;" | | style="text-align: center;" | <ref>{{cite press release |author=<!-- not stated --> |date=2023-06-21 |title=Quest Diagnostics Completes Acquisition of Haystack Oncology |url=https://haystackmrd.com/quest-diagnostics-completes-acquisition-of-haystack-oncology-adding-sensitive-mrd-liquid-biopsy-technology-to-cancer-diagnostics-portfolio/ |location=Secaucus, N.J |access-date=2025-03-09}}</ref> |- | {{dts|2024}} | Outreach for [[Steward Health Care System ]] | Outreach Laboratory | [[USA]] | style="text-align: right;" | | style="text-align: center;" | <ref>{{cite news |title=Quest Diagnostics Acquires Select Assets of Steward Health Care System's Outreach Lab Biz |url=https://www.360dx.com/clinical-lab-management/quest-diagnostics-acquires-select-assets-steward-health-care-systems |work=360Dx |date=Jan 8, 2024}}</ref> |- |2024 |Lenco Diagnostic Laboratories |Laboratory |[[Brooklyn|Brooklyn, New York]] | |<ref>{{Cite web |title=List of Material Transactions |url=https://www.health.ny.gov/facilities/material_transactions/transactions.htm |access-date=2024-06-02 |website=www.health.ny.gov}}</ref> |- | {{dts|2025}} |Spectra Laboratories |Laboratory |[[Rockleigh|New Jersey]] | |<ref>{{Cite web |title=Fresenius Medical Care Announces Divestment of Select Laboratory Assets to Quest Diagnostics|url=https://freseniusmedicalcare.com/en/media/newsroom/divestment-of-select-laboratory-assets-to-quest-diagnostics/?utm_source=marketo&utm_medium=email&utm_campaign=25feb2025_q4_financial_earnings&utm_content=allemployees&mkt_tok=OTU3LU5FTi0wNzAAAAGY2r3ewNz-EC-ZQLWgE2PTs1VtVVotNcCjO7nsFdksHR0m8M-tevcQ0g_CPwrc-zxEo2h7xsVf4QMs2HGHOOgB1pxhNVvT1XGIkDGVgPI2KNwgfw|access-date=25 February 2025|website=freseniusmedicalcare.com}}</ref> |- |} ===Partnerships=== * 2005: Forms a [[strategic alliance]] with Ciphergen Biosystems to commercialize novel proteomic tests.<ref>{{cite web |url=http://www.thefreelibrary.com/Ciphergen+Biosystems+and+Quest+Diagnostics+Form+Strategic+Alliance+to...-a0134294345 |title=Ciphergen Biosystems and Quest Diagnostics Form Strategic Alliance to Develop and Commercialize Tests Using Ciphergen's Proteomics Technology |date=July 22, 2005 |access-date=July 26, 2013 |archive-url=https://web.archive.org/web/20160305014505/http://www.thefreelibrary.com/Ciphergen+Biosystems+and+Quest+Diagnostics+Form+Strategic+Alliance+to...-a0134294345 |archive-date=March 5, 2016}}</ref> ==Controversies== Quest Diagnostics set a record in April 2009 when it paid $302 million to the government to settle a [[Medicare (United States)|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.<ref>{{cite press release |url=http://www.phillipsandcohen.com/2009/Businessman-exposed-problems-with-Quest-subsidiarys-blood-test-kits-led-to-302-million-settlement.shtml |title=Businessman exposed problems with Quest subsidiary's blood test kits; led to $302 million settlement |publisher=Phillips & Cohen LLP |date=April 15, 2009}}</ref> 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.<ref>{{cite press release |url=http://oag.ca.gov/news/press_release?id=2518&y=2011&m= |title=Attorney General Kamala D. Harris announces $241 million settlement with Quest Diagnostics |publisher=State of California Department of Justice |date=May 19, 2011}}</ref> In 2018, Quest Diagnostics was among a number of US based labs [[CervicalCheck cancer scandal|linked to inaccuracies]] of over 200 women's cervical [[smear test]]s for [[CervicalCheck]], [[Republic of Ireland|Ireland]]'s national [[cancer screening|screening]] program.<ref>{{cite news |url=https://www.irishtimes.com/news/health/cervicalcheck-10-year-timeline-1.3482051 |date=May 2, 2018 |title=CervicalCheck 10-year timeline |first=Tim |last=O'Brien |newspaper=[[The Irish Times]]}}</ref><ref>{{cite news |url=https://www.independent.ie/irish-news/health/us-company-used-by-cervicalcheck-had-to-pay-100000-in-fines-over-safety-breach-36865037.html |title=US company used by CervicalCheck had to pay €100,000 in fines over safety breach |first=Eilish |last=O’Regan |date=May 2, 2018 |access-date=May 12, 2018 |work=[[Irish Independent]]}}</ref> Audits of the testing performed by Quest (and another subcontractor Clinical Pathology Laboratories, Inc. of Austin Texas) showed a high rate of errors in analysis of samples which led to lawsuits<ref>{{Cite web |url=https://www.cbsnews.com/news/lab-companies-quest-and-cpl-at-center-of-lawsuits-in-ireland-over-missed-cervical-cancer-diagnoses/ |title=Lab companies Quest and CPL at center of lawsuits in Ireland over missed cervical cancer diagnoses |website=[[CBS News]]|date=June 29, 2018 }}</ref> and a government inquiry. Quest and the Irish government continue to settle the resulting lawsuits.<ref>https://www.irishcentral.com/news/quest-diagnostics-cervical-cancer-scandal-lab-appeal. {{Webarchive|url=https://web.archive.org/web/20210207172936/https://www.irishcentral.com/news/quest-diagnostics-cervical-cancer-scandal-lab-appeal |date=February 7, 2021 }}</ref><ref>{{cite news |url=https://www.irishtimes.com/news/crime-and-law/courts/high-court/seriously-ill-woman-s-action-over-cervical-smears-adjourned-for-two-weeks-1.4457374 |title=Seriously ill woman's action over cervical smears adjourned for two weeks|newspaper=[[The Irish Times]] }}</ref> On June 3, 2019, Quest announced that American Medical Collection Agency (AMCA), a billing collections service provider, had informed Quest Diagnostics that an unauthorized user had access to AMCA’s system containing personal information AMCA received from various entities, including from Quest.<ref>{{Cite news |url=https://healthitsecurity.com/news/11.9m-quest-diagnostics-patients-impacted-by-amca-data-breach |title=11.9M Quest Diagnostics Patients Impacted by AMCA Data Breach |date=June 3, 2019 |website=HealthITSecurity |language=en-US|access-date=June 5, 2019}}</ref> AMCA provides billing collections services to Optum360, which in turn is a Quest contractor.<ref>{{Cite web |url=https://www.fastcompany.com/90358595/quest-diagnostics-hack-exposes-medical-data-credit-cards |title=A medical collections agency got hacked, and now your personal data might be exposed |last=Locker |first=Melissa |date=June 3, 2019 |website=Fast Company |language=en-US|access-date=June 5, 2019}}</ref> AMCA later went bankrupt after the breach.<ref>{{Cite news |title=Bloomberg - Debt Collector Goes Bankrupt After Health Care Data Hack |url=https://www.bloomberg.com/news/articles/2019-06-17/american-medical-collection-agency-parent-files-for-bankruptcy|access-date=September 17, 2020 |newspaper=Bloomberg|date=June 17, 2019 }}</ref> ==References== {{reflist}} ==External links== * {{Official}} {{Finance links | name = Quest Diagnostics Incorporated | symbol = DGX | sec_cik = 1022079 | yahoo = DGX | google = DGX:NYSE }} {{Authority control}} [[Category:Medical technology companies of the United States]] [[Category:Companies listed on the New York Stock Exchange]] [[Category:American companies established in 1967]] [[Category:Companies based in Hudson County, New Jersey]] [[Category:Secaucus, New Jersey]] [[Category:1967 establishments in New York City]] [[Category:Corning Inc.]] [[Category:Life sciences industry]] [[Category:Health care companies based in New Jersey]] [[Category:1982 mergers and acquisitions]] [[Category:Corporate spin-offs]] [[Category:Alzheimer's disease research]]
Edit summary
(Briefly describe your changes)
By publishing changes, you agree to the
Terms of Use
, and you irrevocably agree to release your contribution under the
CC BY-SA 4.0 License
and the
GFDL
. You agree that a hyperlink or URL is sufficient attribution under the Creative Commons license.
Cancel
Editing help
(opens in new window)
Pages transcluded onto the current version of this page
(
help
)
:
Template:Airline codes
(
edit
)
Template:Authority control
(
edit
)
Template:Cite news
(
edit
)
Template:Cite press release
(
edit
)
Template:Cite web
(
edit
)
Template:Dts
(
edit
)
Template:Finance links
(
edit
)
Template:Infobox
(
edit
)
Template:Infobox company
(
edit
)
Template:Main other
(
edit
)
Template:NASDAQ
(
edit
)
Template:Nts
(
edit
)
Template:Official
(
edit
)
Template:Reflist
(
edit
)
Template:Short description
(
edit
)
Template:Sticky header
(
edit
)
Template:Template other
(
edit
)
Template:Use mdy dates
(
edit
)
Template:Webarchive
(
edit
)