Lab

Pharmaceutical and lab product maker Cardinal Health honored three lab leaders on its annual "Lab Excellence List," the company said April 27.

Quest Diagnostics netted $2.61 billion in revenue for the first quarter of 2022, down 4 percent from the same period in 2021.

The founders of three medical labs in Texas pleaded guilty in a $300 million healthcare fraud scheme, the Justice Department said April 20.

Rochester, Minn.-based Mayo Clinic began construction on a $49 million lab expansion, ABC affiliate KSTP reported April 19.

Quest Diagnostics appointed five executives, with one filling a new role for the company.

Diagnostic lab sales representative Steven Monaco was convicted on 18 counts for leading a $4.6 million fraud and kickback scheme, the Justice Department said April 19.

Genetic testing company Fulgent Genetics has agreed to acquire pathology lab Inform Diagnostics for $170 million.

A former lab technician who was fired from Covington, Ky.-based Gravity Diagnostics won $450,000 in a jury trial for a suit that alleged the lab discriminated against him over a mental health condition, The New York Times reported April 17.

Medical technology company Pathware named former Veran Medical Technologies executive TJ Meyer its new CEO and landed $7 million in series A funding.

Pathologist pay jumped nearly 6 percent from 2021 to 2022, according to Medscape's "Physician Compensation Report 2022," released April 15.