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Quest & LabCorp Show Gains In Mid-Year Financial Reports

Dominant influence in revenue growth is impact of better pricing for lab testing

FOR THE FIRST SIX MONTHS OF 2001, improved pricing for lab testing services was the strongest contributor to revenue growth at both Laboratory Corporation of America and Quest Diagnostics Incorporated. One important consequence of this development is that competing laboratories, including hospital lab outreach programs, are also enjoying the benefits of better pricing. It’s another …

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