Quest Diagnostics Inc Essay Example | Topics and Well Written Essays - 2500 words

Quest nosology Inc - Essay ExampleThe accompany 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 operate. The company leads in clinical laboratory testing, esoteric testing, molecular diagnostics non-hospital found anatomic pathological services and analysing medicine abuse.According to Reuters, the company has more than 2000 patient service centres and 35 principal laboratories in major metros and more or less 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 h elp of information technology solutions. The company processed more than receipts 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 damages 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 companys vision reads as follows Dedicated people improving the health of patients through unsurpassed diagnostic insights and innovation. The companys perpetration being We will be the undisputed world leader of diagnostic testing, information and services and the set are Quality, Integrity, Innovation, Accountab ility, 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 performance1. Customer focus2. Leadership3. Involvement of people4. dish up approach5. System approach to management6. Continual improvement7. Factual approach to decision fashioning8. Mutually beneficial supplier relationships The standard covers all aspects of an organizations activities, including identifying its key processes, defining roles and responsibilities, policies and objectives, documentation requirements, the importance of rationality and meeting customer requirements, communication, resource requirements, training, product and process planning, design processes, purchasing, production and service,