Healthcare Magazine April 2018 | Page 57

TOP 10

QUEST DIAGNOSTICS INC $ 7.51BN

New Jersey-based company Quest Diagnostics Inc reported a net revenue of $ 7.51bn in 2017 , and was ranked 496th on Forbes ’ list of best employers . The company provides diagnostic testing , information and services in order to help both patients and physicians make better decisions regarding healthcare . Quest Diagnostics announced in February that it will be partnering with Rutgers University to “ build a new sports science laboratory that the two will use for research ,” according to Sport

8 Techie . This direct-to-consumer service is expected to help athletes measure their health , guiding them to improved performance through nutrition and exercise physiology www . questdiagnostics . com

LABCORP $ 9.64BN

LabCorp operates out of Burlington , North Carolina , and specialises in end-to-end drug development through its internally-operated clinical laboratories . The company reported a net revenue of $ 9.64bn in 2017 , as well as a total profit of $ 722.3mn , marking a 39 % increase year-on-year . After acquiring Pathology Associates Medical Laboratories in 2017 , LabCorp announced in March that it will lay

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off almost 200 employees from the Washington-based company , the Triad Business Journal reports . www . labcorp . com
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