Media Coverage

More affordable procedure costs, shorter wait times, higher quality – everyone wants these things from their health care experience. UnitedHealthcare’s Triple Aim focus – improving health care affordability, outcomes and the patient experience – is now adding more value for lab services. Launching on July 1, 2019, UnitedHealthcare has selected the following labs to participate in its PLN: AmeriPath/DermPath, BioReference, GeneDx, Invitae, LabCorp, Mayo Clinic Laboratories and Quest Diagnostics. These labs were selected based on a rigorous quality review process.

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Quest Diagnostics Incorporated

In 2015, Quest Diagnostics—which has a self-insured employee benefits team—set out on a new path to try to control healthcare costs while maintaining program quality and promoting population health for its employees.[CR-LF][CR-LF]After almost four years, the results of Quest’s group health insurance program were reported in Population Health Management, outlining the collaboration with a health plan and pharmacy benefits manager to practice the “triple aim” of improving the patient healthcare experience, boosting population health and reducing per capita healthcare spending.[CR-LF][CR-LF]The program had a big impact, even in year one. Through proactive changes, physician executive leadership, health plan collaboration, disease-specific population health initiatives and plan design, Quest’s annual healthcare costs steadily improved.

Quest Diagnostics Incorporated, the world's leading provider of diagnostic information services, today announced that it was selected by Forbes as one of America's Best Large Employers of 2019. [CR-LF][CR-LF]Quest was among one of only fifteen companies in the Health Care Equipment and Services category to attain the designation.[CR-LF][CR-LF]"Our vision of empowering better health with diagnostic insights is built on the diverse talents of our 46,000 employees, said Steve Rusckowski, Chairman, President and CEO. "It's nice to see that for the third straight year the steps we are taking to create an inspiring workplace are being noticed. Led by our people, the Quest brand is inspiring better health outcomes."

As Massachusetts health care becomes increasingly dominated by large health systems, more than a dozen community hospitals are banding together in a new partnership. Under the arrangement, called the Massachusetts Value Alliance, hospitals are working together to slash costs by buying some supplies and services together. By teaming up, they have greater leverage in negotiating prices with vendors that sell equipment, software, and other things hospitals need. Several of the hospitals have signed a contract with Quest Diagnostics, a company that processes blood tests. The arrangement allowed the hospitals to lower their costs by contracting together — South Shore said it is saving more than $100,000 a year — while Quest gained a larger customer with more tests to process. Previously, the hospitals each had separate contracts for lab work.