COVID Stimulus Watch Individual Entry
Recipient Company:
QUEST DIAGNOSTICS
Grant Amount:
$14,007,537
Recipient Details
Ownership Structure: publicly traded (ticker symbol DGX)
Facility City: WOOD DALE
Facility State: IL
Award Details
Award Date: Jul 29, 2021
Award Type: grant
Award Details: Award amount is the total of reimbursements for testing, treatment, and vaccinations. Claims paid for testing: $13,754,358; Claims paid for treatment: $253,179; Claims paid for vaccine: $0
Program Name: COVID-19 Claims Reimbursement to Health Care Providers and Facilities for Testing and Treatment of the Uninsured Program ($500,000 and up)
Legislation: CARES
Awarding Agency: Health and Human Services Department
Data Source for Award:
https://data.cdc.gov/Administrative/Claims-Reimbursement-to-Health-Care-...
Parent Company Data
Parent Company: Quest Diagnostics
Headquartered in: New Jersey
Parent Sector: healthcare services
Parent Industry: diagnostic testing
Employees (prior to pandemic): 47,000
Accountability Issues Since 2010
Employment-related Penalties: $4,619,075
Government-contracting-related Penalties: $248,790,000
Environmental / Healthcare / Safety Penalties: $763,827
Consumer Protection / Financial / Competition-related Penalties: $513,000
Ratio of CEO Pay to that of Median Worker: 189 to 1
CEO Compensation: $10,131,566
Worker Median Pay: $53,492
Total Federal, State, and Local Subsidies: $25,464,777
Federal Corporate Income Tax Rate: 9.7%
Violation Tracker
Environment / Safety Issues
Consumer Protection Issues