Quest Diagnostics, hc1 Collaborate on ML-Driven Lab Testing Utilization -

Quest Diagnostics, a provider of diagnostic information services, and hc1, the bioinformatics leader in precision testing has unveiled Quest Lab Stewardship powered by hc1, an innovative new service that employs machine learning to harmonize laboratory testing across health systems in order to help optimize laboratory test utilization. Healthcare system wastes around $765 billion a year, due to factors such as unnecessary or inefficiently delivered services as well as missed prevention opportunities, according to the National Academy of Medicine. Although laboratory testing reflects only about 2-3% of overall health care costs in the United States, ordering lab tests is healthcare's single highest-volume activity.[ii] Under-and overutilization* of lab tests can adversely affect clinical decisions, such as by prompting unnecessary or delayed procedures to address missed diagnoses. Quest Lab Stewardship is the result of a strategic collaboration between Quest and hc1 focused on improving costs and clinical impact of lab testing, in- and out- of hospital settings.