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$241 Million May Settle Quest Medi-Cal Claims

Lab company suspended billing Medi-Cal, but continues to provide lab testing to patients

CEO SUMMARY: There’s movement in the negotiations between California state officials and Quest Diagnostics Incorporated over allegations that discounted lab test prices violated state law. In January, Quest disclosed that it had an “understanding” with California regulators and the amount of $241 million is part of the terms. It was also revealed that Medi-Cal payments …

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