Quest Diagnostics Incorporated
Industry: Healthcare Facilities
Quest Diagnostics Incorporated is the nation's leading provider of diagnostic testing, information and services, providing insights that enable healthcare professionals to make decisions that improve health. The company offers the broadest access to diagnostic testing services in the United States through its national network of laboratories and patient service centers, and provides interpretive consultation through its extensive medical and scientific staff. Quest Diagnostics is the leading provider of esoteric testing, including gene-based medical testing, and also empowers healthcare organizations and clinicians with state-of-the-art connectivity solutions that improve patient care.
Business Summary
Quest Diagnostics Incorporated is a provider of diagnostic testing, information and services, providing insights that enable physicians and other healthcare professionals to make decisions to improve health. The Company offers patients and physicians access to diagnostic laboratory services through its nation-wide network of laboratories and patient service centers. It provides interpretive consultation through its medical and scientific staff. The Company provides esoteric testing, including gene-based testing and testing for drugs of abuse. Quest Diagnostics Incorporated is also a provider of anatomic pathology services and testing for clinical trials. The Company offers healthcare organizations and clinicians with information technology solutions that can improve patient care and medical practice. Customers include patients, physicians, hospitals, healthcare insurers, employers, governmental institutions and other commercial clinical laboratories.
Financial Summary
For the nine months ended 30 September 2005, net revenues increased 6% to $4.07B. Net income increased 11% to $415.9M. Revenues reflect increased clinical testing volume. Earnings also beneifited from improved operating margins and lower debt levels. DGX is a clinical laboratory testing company which offers testing services used by the medical profession in the detection, diagnosis, monitoring and treatment of diseases.







