Quest Diagnostics

Quest Diagnostics

About Quest Diagnostics

Simplify's Rating
Why Quest Diagnostics is rated
B
Rated A on Competitive Edge
Rated B on Growth Potential
Rated C on Rating Differentiation

Industries

Biotechnology

Healthcare

Company Size

10,001+

Company Stage

IPO

Total Funding

N/A

Headquarters

Madison, Wisconsin

Founded

1967

Overview

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Simplify's Take

What believers are saying

  • Quest's $40M investment in Texas reflects strategic geographic expansion and increased capacity.
  • Acquisitions of University Hospitals and Allina Health enhance Quest's service offerings and market reach.
  • AI-powered diagnostics partnerships, like with PreciseDx, position Quest at the forefront of innovation.

What critics are saying

  • Integration of new assets from acquisitions may strain resources and affect efficiency.
  • Significant investment in Lewisville, Texas, could pose financial risks if growth isn't realized.
  • New executive appointments may lead to strategic shifts disrupting current operations.

What makes Quest Diagnostics unique

  • Quest Diagnostics leverages the world's largest database of clinical lab results.
  • The company annually serves one in three adult Americans and half of U.S. physicians.
  • Quest's specialization and scale optimize lab services for quality, innovation, and affordability.

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Funding

Total Funding

$0

Below

Industry Average

Funded Over

1 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison
Coming Soon

Company News

Intelligence360
Jan 30th, 2025
Quest Diagnostics To Spend $40 Million To Occupy 96,000 Square Feet Of Space In Lewisville Texas.

Quest Diagnostics to spend $40 Million to occupy 96,000 square feet of space in Lewisville Texas. Quest Diagnostics to spend $40 Million to occupy 96,000 square feet of space in Lewisville Texas.Lewisville, Texas — According to state and local development sources, Quest Diagnostics plans to invest $40,000,000.00 to build out 96,000 square feet of new space in Lewisville. The company plans to occupy the new space at 2777 Lake Vista Drive Suite 100 in Lewisville, on or about February 1, 2026. According to the company website Quest Diagnostics (NYSE: DGX) empowers people to take action to improve health outcomes. Derived from the worlds largest database of clinical lab results, our diagnostic insights reveal new avenues to identify and treat disease, inspire healthy behaviors and improve health care management. Quest annually serves one in three adult Americans and half the physicians and hospitals in the United States, and our 47,000 employees understand that, in the right hands and with the right context, our diagnostic insights can inspire actions that transform lives

ROI-NJ
Jan 27th, 2025
Quest Completes Acquisition Of The Outreach Lab Services Business Of University Hospitals

Deal! Concept of collaboration in medicine. Close up photo of two doctors' handshake on gray background. Quest Diagnostics on Monday announced it completed its previously announced acquisition of select assets of University Hospitals, one of the nation’s leading nonprofit health systems and academic medical centers. Financial terms were not disclosed

PR Newswire
Jan 8th, 2025
Quest Diagnostics Names Adrienne Brott Senior Vice President And Chief Quality And Regulatory Affairs Officer

Quality and regulatory veteran of Getinge, BD and JJ joins the Quest Diagnostics executive team SECAUCUS, N.J., Jan. 8, 2025 /PRNewswire/ -- Quest Diagnostics (NYSE: DGX), a leading provider of diagnostic information services, today announced that Adrienne L. Brott, an accomplished quality and regulatory affairs healthcare leader, has been named senior vice president and chief quality and regulatory affairs officer

Quest Diagnostics
Jan 8th, 2025
Quest Diagnostics Names Adrienne Brott Senior Vice President and Chief Quality and Regulatory Affairs Officer

SECAUCUS, N.J., Jan. 8, 2025 /PRNewswire/ - Quest Diagnostics (NYSE: DGX), a leading provider of diagnostic information services, today announced that Adrienne L. Brott, an accomplished quality and regulatory affairs healthcare leader, has been named senior vice president and chief quality and regulatory affairs officer.

HR Today
Dec 24th, 2024
Michael Noviello Appointed as Sr Director - Human Resources Business Partner at Quest Diagnostics

Tampa, Florida, United States, December 2024 - Michael Noviello has joined Quest Diagnostics as the Senior Director - Human Resources Business Partner, bringing with him a wealth of experience in HR leadership and transformation.

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