StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Quest Diagnostics Inc - Essay Example

Comments (0) Cite this document
Summary
History of the company states that Dr. Paul Brown launched clinical laboratory testing business in 1967 named MetPath with a vision to offer "high quality, highly automated and cost-effective clinical testing" in New York metropolitan area. Fifteen years later in 1982 the company was bought by Corning Inc…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER91% of users find it useful
Quest Diagnostics Inc
Read TextPreview

Extract of sample "Quest Diagnostics Inc"

Download file to see previous pages The company offered specialized esoteric testing on both coasts with acquisition of American Medical Laboratories (AML) in 2002. The company acquired Unilab Corporation in 2003 and exhibited its presence in California State. Later in 2005 the company made its presence felt in Kansas and Ohio by acquiring LabOne (Our History).
EDGAROnline (Page 1) stated that Quest Diagnostics Inc. is a national leader in the healthcare sector providing diagnostic and allied services. The company leads in clinical laboratory testing, esoteric testing, molecular diagnostics; non-hospital based anatomic pathological services and analysing drug abuse.
According to Reuters, the company has more than 2000 patient service centres and 35 principal laboratories in major metros and about 150 smaller "rapid response" laboratories all over the nation with wide range of services and helping physicians detect, diagnose, evaluate, monitor and treat diseases with the help of information technology solutions. The company processed more than 144 million requisitions as of the year ending December 31, 2005 and net revenue of 78% from routine testing and 17% from esoteric testing thus summing up to 95% net revenues for clinical laboratory testing. ...
nd times." In addition to above the company also provides Risk Assessment Services to life insurance industry in the US and Canada and Clinical trial testing in the US, UK, Australia, Singapore and South Africa. The company manufactures and markets diagnostic test kits and systems for esoteric testing through its subsidiary Nichols Institute Diagnostics.
According to Quest Diagnostics the company's vision reads as follows "Dedicated people improving the health of patients through unsurpassed diagnostic insights and innovation." The company's mission being "We will be the undisputed world leader of diagnostic testing, information and services" and the values are "Quality, Integrity, Innovation, Accountability, Collaboration and Leadership"(Our Vision, Mission and Values).
According to Quest Diagnostics, Nichols Institute was the first laboratory in North America to achieve ISO 9001 certification in 1998 (Our Commitment to Quality).
According to QMI Registration services
ISO 9001 is based on the following eight Quality Management Principles, which are incorporated within the requirements of the standard, and can be applied to improve organizational performance:
1. Customer focus
2. Leadership
3. Involvement of people
4. Process approach
5. System approach to management
6. Continual improvement
7. Factual approach to decision making
8. Mutually beneficial supplier relationships
The standard covers all aspects of an organization's activities, including identifying its key processes, defining roles and responsibilities, policies and objectives, documentation requirements, the importance of understanding and meeting customer requirements, communication, resource requirements, training, product and process planning, design processes, purchasing, production and service, ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Quest Diagnostics Inc Essay Example | Topics and Well Written Essays - 2500 words”, n.d.)
Quest Diagnostics Inc Essay Example | Topics and Well Written Essays - 2500 words. Retrieved from https://studentshare.org/miscellaneous/1504460-quest-diagnostics-inc
(Quest Diagnostics Inc Essay Example | Topics and Well Written Essays - 2500 Words)
Quest Diagnostics Inc Essay Example | Topics and Well Written Essays - 2500 Words. https://studentshare.org/miscellaneous/1504460-quest-diagnostics-inc.
“Quest Diagnostics Inc Essay Example | Topics and Well Written Essays - 2500 Words”, n.d. https://studentshare.org/miscellaneous/1504460-quest-diagnostics-inc.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Quest Diagnostics Inc

Diagnostics: How Technology Works

...?Diagnostics: How Technology Works Loop-mediated isothermal amplification (LAMP), amplifies the nucleic acid of the pathogen and provides precise, quick and cost-effective diagnosis. It is utilized in the diagnostic kits to detect numerous pathogenic bacterial and viral strains. The technology utilizes single step amplification of target DNA chain in isothermal condition (Mori & Notomi, 2009). LAMP utilizes the strand displacement property of DNA polymerase along the primers, FIP and BIP (inner primers) compiled of F2 (B2) and F1c (B1c), while F3 and B3 (outer primers) which distinguishes six different areas of the target DNA. Between F1c (B1c) and F2c (B2c). The LAMP assay is highly specific (Mori & Notomi, 2009). In LAMP, loop primers LF...
18 Pages(4500 words)Essay

Quest Diagnostics

..., and Patient Safety. Healthcare Risk Control. Retrieved from https://www.ecri.org/Documents/Secure/Risk_Quality_Patient_Safety.pdf Google Finance (2013). Quest Diagnostics Inc. Google. Retrieved from https://www.google.com/finance?q=NYSE:DGX MMR (2010). Quality in Healthcare Risk Management. Health Technica. Retrieved from http://www.healthtechnica.com/blogsphere/2010/11/08/quality-in-healthcare-risk-management/ Perkins, Ed (2011). Linking Quality Management and Risk Management. Quality Digest. Retrieved from http://www.qualitydigest.com/inside/quality-insider-column/linking-quality-management-and-risk-management.html Quest Diagnostics Incorporated...
6 Pages(1500 words)Research Paper

Daniel's Quest

...Daniel's Quest The novel The Book of Daniel is written by E. L. Doctorow in 1971. In this work the vividly portrays cruelty of the regime and hardship faced by many Soviet immigrants during the cold war. Doctorow depicts that the society is blind towards other people who differ form the crowd. He portrays that when actions of one character begin to affect another person, the society has moved from personal morals to social morals which set limits on human behavior. Thesis Through the theme of Daniel's quest Doctorow portrays that if the government manipulates social morals it leads to sufferings, political and social injustice faced by many American citizens. Daniel Lewin is the main character who tries to find the truth about his parents...
2 Pages(500 words)Essay

Quest for Justice

... resulted in the "criminal conviction of different individuals in stylish stunts cases". The law firms publish their respective journals in which the investigation work conducted against racists and radical groups have been reported, such publications "expose the activities of the radical right and are made available for free to media, human rights workers and law enforcement" (Lester, 2005). Quest for Justice The American Civil Liberties Union has stressed that the courts are supposed to perform improved role of arbitration and accountability, and the same courts have to respect and abide by the government and public aspirations. The performance of the courts can greatly improve provided that the workload is reasonable, in this regard...
2 Pages(500 words)Case Study

Strategic Management of Quest Diagnostics

...I. Executive Summary: Quest Diagnostics is the leading provider of esoteric testing, including gene-based medical testing, and provides advanced information technology solutions to improve patient care. Their services are provided to the medical profession, generally, or to the patient on referral from a health practitioner. The company offers the broadest access to diagnostic testing services through its national network of laboratories and patient service centers, and provides interpretive consultation through its extensive medical and scientific staff. In diagnostics, decision-making skills are used to match the facts of a particular case to a diagnostic category. Ideally the diagnosis is established with beyond a reasonable doubt...
10 Pages(2500 words)Essay

The Quest for Identity

... The Quest for Identity The quest for identity is one of the major dilemmas that adolescents deal with on a daily basis. The feeling of anxiety of not being certain of who you are and trying to look for who you are or at the very least finding out who you want to be is something that we have all experienced one way or another. It varies on intensity and severity but the main fact remains that it is an unnerving feeling that most adolescents experience. Nakkula notes that it is misguiding that theories on identity development points out that it is a conclusion of varied events that make up for an adolescents identity. Rather, it is the totality of everyday living experiences and is a process that develops among disappointments, triumphs...
2 Pages(500 words)Essay

Quest Patern

... In quest of the hero Last Updated___________________________________ This book is a compilation of essays from three known authors of mythological theories. It hopes the most popular myths and from the oldest culture such as Babylonia, and connect it with current narratives to determine the pattern proposed by the Hero of Thousand Faces. In the other essays, the Hero’s journey is used to understand drama and study the life and death of Jesus. Post Graduate Thesis Web Site____ University Of Jyväskylä Author____ Tutta Kesti URL__ https://jyx.jyu.fi/dspace/bitstream/handle/123456789/7305/URN_NBN_fi_jyu-2007550.pdf Title____ Heroes of Middle-Earth: J. Campbell’s Monomyth in J.R.R. Tolkien’s The Lord of the Ring Last Updated___2007...
1 Pages(250 words)Annotated Bibliography

Molecular Biology and Molecular Diagnostics

...Molecular Biology and Molecular Diagnostics Introduction The popularity of Health tips magazines is on the rise. The magazines are increasingly being appreciated because of their role of providing useful health information on various topics (Allison, 2009, p. 45). What is more, the magazines offer information on the most recent advances in molecular biology research, the most effective health practices, and beauty tips for (aging) women. Health tips magazines also address emotional, mental, fitness-related, dietary, and physical environment issues. The main topics discussed in health magazines include disease management, fitness, beauty, diet, well being, and nutritional implications. The magazines are always aimed at the general public...
2 Pages(500 words)Essay

The Quest to Continue: Healthy Communities, Inc

...The Quest to Continue: Healthy Communities, Inc. HCI can be considered as one of the popular and prestigious non-profit organization founded in the year 1996 in order to help the people of the community by improving the health issues within the community. The organization gained huge support from several external agencies and healthcare organizations of both private and public sector to meet the developed goals and objectives. In addition to this, government of the United States of America also supported the cause and developed mission of the organization. The organization tried to ensure effective strategy development and decision making process in order to enhance effective community development process. However, the organization...
12 Pages(3000 words)Essay

Therapeutics and diagnostics reasoning

The other steps include verifying, labeling and recording (Afful-Broni, 2014). This paper aims at identifying and critically analyzing the ethical, legal, practical, and administrative issues concerning to drug administration. The paper then explored and critically discussed facets of diagnostic reasoning and pharmacokinetics pertinent to a variety of medications mostly used in patient’s care.
There is a growing necessity for nursing practitioners in both primary and secondary care settings to enlighten themselves on various issues surrounding drug administration. Drug administration is an essential part of nursing role that is underpinned by professional and legal requirements. In order to maintain patient’s safety, it is of...
14 Pages(3500 words)Essay

Radiant Services Company Inc

...Radiant Services Company Inc. Strategic Marketing Plan Introduction The objective of strategic management is to “exploit and create new and differentopportunities for tomorrow.” (David 2005:5) Further, according to David, strategic management implies the integration of various organisational functions like management, finance, manufacturing, R&D, marketing, and information systems. (2005:5) But business organizations do not operate in vacuum. External factors in the environment affect their performance. Minzberg et al. define strategy as “the pattern or plan that integrates an organisation’s major goals, policies and action sequences into a cohesive whole.” Further, “a well formulated strategy helps to marshal and allocate...
11 Pages(2750 words)Assignment

Key Trends in the Sportswear Industry in Nike, Inc

Wholly owned subsidiaries include Bauer Nike Hockey, Inc. Cole Haan, Hurley International, Converse, Exter Brands Group. With each subsidiary offering a unique brand proposition and products to its target market, Nike, Inc. has grown into a diversified apparel and footwear company (online Nikebiz.net).

Financially, Nike, Inc. had a banner year in 2006. With revenues and profit amounting to $ 15.29 billion and $ 2.39 billion in the last 12 months, Nike had been able to improve operating margin to 13.25% slightly better than industry’s 12.28%. Gross margin also improving to 45.3% from 44.5% in 2005. Quarterly revenues are also growing at a rate of 8.60% with a free cash flow of more than $ 890 million. Return on equ...
15 Pages(3750 words)Case Study

A Spiritual Quest of Life: Self Realization and Human Consciousness

...A spiritual quest of Life: Self Realization and Human consciousness Yet another underlying theme of “Born on the fourth of July” by Ron Kovic What a brilliant account of human life! “Born on the fourth of July,” Ron Kovic’s memoir is written with poetic passion and grips the reader’s attention from the very first page to the last. It is a classic of antiwar literature and many were inspired by his true life story. The book is not just a brilliant story on war; it is a true autobiographical story of the life of a young man who leaves his small town after high school to enter the harsh Vietnam War to honor his country. He tells his story of the horrors that he had to face and watch as a soldier confronted with many difficult situations...
8 Pages(2000 words)Book Report/Review

Analysis of Safeway Inc

Merrill Lynch operated Safeway Inc in the year 1926, through the merger of Skaggs Stores and Samseelig Company. From there onwards, the name of the company became “Safeway”. Skaggs stores were operated by Marion B.Skaggs in 1915, which was acquired by him from his father. On the other hand, Samseelig Company emerged in the year 1920. During the time of the merger, both these stores had several stores, that is Seelig stores had 322 stores in Southern California, and Skaggs stores had around 673 stores in the Pacific Northwest provinces.

As time passes, Safeway started its retail operations in several regions. During this time, the number of small grocery stores became large supermarkets. In the earlier time p...
13 Pages(3250 words)Case Study

The Role of Informal Communication as a Strategic Management Tool within ABC Inc

ABC boasts of seven brands catering to local and international markets. The company is said to be bureaucratic, with a top-heavy management team. This makes vertical communication slow and tedious; thus, there is a preponderance of rumours and gossip, through informal communication channels.

The conclusions include the following issues for ABC: a strongly bureaucratic, tall organizational structure which makes vertical communication slow and tedious; and the lack of deliberate initiatives to manage change efforts.

It is encouraged that attitude surveys be conducted to understand employee needs considering the impending changes that the organization faces. Moreover, measures needed to develop vertical communic...
10 Pages(2500 words)Report

Marketing Planning of MD Inc UK

To cash in on the brand image achieved through the success of the ‘Bliss’ range of a hair care products, by positioning the new product range as affordable while being gentle and versatile and target the already favorable market segment of the ‘Bliss’ range.
MD inc. has already been in the beauty and personal care sector and has a successful product range named ‘Bliss’ under its kitty. The new market that is the Electrical hair care appliances market is potentially a high growth area. Though the current growth rate is slow, the future trends indicate that with appropriate marketing strategy and positioning, the market and the companies in this sector can grow at a higher rate.
Demograp...
6 Pages(1500 words)Case Study

Company Profile: The Southwest Airlines Inc

Ever since the horrific attacks of 911, the airline industry has been going through a bad phase. The attacks on the World Trade Center have had a devastating effect on the commercial sector and the airline industry in particular. When one considers the fact that the instrument of destruction of these attacks was hijacked airplanes, there is understandable concern about traveling in them and thus the public lost faith in the airline industry immediately following September 11th.  For many airline companies, this meant going into severe debt or even declaring bankruptcy. Even after some time, the majority of the airline industry experienced lower profits and massive downsizing. However, for smaller companies like Sou...
8 Pages(2000 words)Case Study

Organizational Consultant for We Make Widgets, Inc

... We have been asked, in our capa as organizational consultants, to help We Make Widgets, Inc solve some work-life balance problems prevalent among its top leadership. With this end in mind, we study some popular literature to understand the basics of work-life balance. It is followed by the summary of our suggestions to the company. Introduction Work-life balance is variously interpreted by different people. To some, work-life balance is doing a job, where work is a means to support life, while to others it means to be in an employment where stress is kept in manageable limits. Broadly, it means to arrive at a ‘fit’ or have the right combination of professional requirements and other aspects of life including parenting, socializing...
6 Pages(1500 words)Report

Design Compliance of Samsung Electronics v Apple Inc

The consideration here was simply whether the accused design was too close to the registered design in accordance with the tests laid down in the law. It wasn’t a matter of whether or not Apple could have sued in England and Wales for copying utterly irrelevant to this case. In case, they could, they did not. Likewise, infringement of any patent for an invention is never an issue. Quite a lot of differences in the products existed. For instance, the iPad seemed thinner and has noticeably different curves on its sides.
Preliminary Injunctions for this case were applied by apple in respect of all three Samsung tablets in the Netherlands. It got a setback at first instance and on appeal. The Apple inc. had an outstanding p...
9 Pages(2250 words)Case Study

Analysis of Deltek Systems Inc

... Deltek Systems Inc Question What was the driving force for Deltek going public in the first place? Was there merit in this logic? Answer 1 When a company starts its business operations, it has to ensure that it makes the right decision about the type of organization it will create i.e. sole trader, partnership, public limited company or private limited company. Deltek Systems Inc. is among the leading technological firms in the technology industry that is being run successfully by Kenneth E. deLaski. The company is a family-run business that is well-known for its competitive edge in making the appropriate decisions about its business operations. Deltek Systems Inc. decided to go public in 1997 by offering its shares in the market...
7 Pages(1750 words)Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Quest Diagnostics Inc for FREE!

Contact Us