BNET Industries
Market Cap:$11.2B
Last Fiscal Year Sales:$6.7B
- Public
- US
Dow Jones Description
We are the nations leading provider of diagnostic testing, information and services, providing insights that enable physicians and other healthcare professionals to make decisions to improve health. We offer patients and physicians the broadest access to diagnostic laboratory services through our nationwide network of laboratories and our own patient service centers. We provide interpretive consultation through the largest medical and scientific staff in the industry, with approximately 900 M.D.s and Ph.D.s around the country. We are the leading provider of esoteric testing, including gene-based testing, the leading provider of anatomic pathology services, including dermatopathology, and the leading provider of testing for drugs of abuse. We are also a leading provider of testing for clinical trials and risk assessment services for the life insurance industry. We empower healthcare organizations and clinicians with state-of-the-art information technology solutions that can improve patient care and medical practice. During 2006, we generated net revenues of $6.3 billion and processed approximately 151 million requisitions for testing. Each requisition form accompanies a patient specimen, indicating the tests to be performed and the party to be billed for the tests. Our customers include patients, physicians, hospitals, employers, governmental institutions and other commercial clinical laboratories. ...
Number of Employees 42,800
Peer Companies
NAICS Code Medical Laboratories: 621511
Recent Events
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Quest Diagnostics Declares Quarterly Cash Dividend
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Quest Diagnostics To Offer $750 Million Of Senior Notes; Begins Cash Tender Offer For Outstanding...
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BRIEF-Moody's rates Quest Diagnostics new senior notes Baa3
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LabCorp 3Q Profit Rises 17% Amid Cost Controls
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Lazard Capital Initiates Coverage on Quest Diagnostics DGX with a Hold
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News & Analysis
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ftc and quest diagnostics inc. - All News and Analysis
Quest Diagnostics acquires Unilab; FTC makes agreement with companies. (Industry News).
Teterboro, N.J.-based Quest Diagnostics Inc. has acquired Tarzana, Calif.-based Unilab Corp., which will increase its market in California. The Federal Trade Commission FTC, meanwhile, is assuring the transaction does not result in anti-competitive practices. The transaction will give Quest all of Unilab's operations, ...
California-Based Quest Diagnostics Aims to Make Acquisition Palatable to FTC.
By Lewis Krauskopf, The Record, Hackensack, N.J. Knight Ridder/Tribune Business News Jan. 7--Quest Diagnostics Inc. has formally offered concessions on a $925 million deal delayed by antitrust regulators, the company said Monday. To clear the way for its acquisition of...
Unilab acquisition delayed by FTC
Unilab Corp., a clinical laboratory testing service based in Tarzana, will not be acquired by Quest Diagnostics Inc. At least not yet, since the U.S. Federal Trade Commission and the two companies had not reached an agreement on the acquisition terms as of last week. In a Sept. 25...
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