Welcome to Quest Diagnostics

[anonymous]

7:41am on a Monday morning and you’re on Cafepharma, complaining about other people, that you’ve never met and don’t even know. Is this how you prepare for a productive work week, son? Is this a good use of you employer’s time? Well, we don’t have to know much more about you, to predict that you’ll be the one with a lot of spare time on his hands very soon. Prepare for change. Hope this helps.

As usual, you’re 100% correct. The acquisition is going to completely blindside these folks. They have no idea what’s coming and are completely ill prepared for the Quest way of conducting business. This is why they failed in the first place. You are kind and compassionate for trying to help, but most of these Bio folks are simply helpless.

 

[anonymous]

As usual, you’re 100% correct. The acquisition is going to completely blindside these folks. They have no idea what’s coming and are completely ill prepared for the Quest way of conducting business. This is why they failed in the first place. You are kind and compassionate for trying to help, but most of these Bio folks are simply helpless.

Deal will not happen. Bio will go bankrupt and Quest will take 90% of work because Labcorp sucks!

Why would Quest pay for this POS company?

 

[anonymous]

Deal will not happen. Bio will go bankrupt and Quest will take 90% of work because Labcorp sucks!

Why would Quest pay for this POS company?

Oh brother. Do we have to spell it out for you, son? What if BioReference’s key players in the field, like Dean, opted to hang their hats at Labcorp? And God forbid, what if Cindy took all of her agility, enthusiasm and memberships over there as well. Plus, on the ops side, you think they wouldn’t pay almost anything for a certified black belt master? Quest Diagnostics gets what Quest Diagnostics wants, and we want BioReference. We will not lose to Labcorp.

 

[anonymous]

7:41am on a Monday morning and you’re on Cafepharma, complaining about other people, that you’ve never met and don’t even know. Is this how you prepare for a productive work week, son? Is this a good use of you employer’s time? Well, we don’t have to know much more about you, to predict that you’ll be the one with a lot of spare time on his hands very soon. Prepare for change. Hope this helps.

Don't feed this troll.

 

[anonymous]

As usual, you’re 100% correct. The acquisition is going to completely blindside these folks. They have no idea what’s coming and are completely ill prepared for the Quest way of conducting business. This is why they failed in the first place. You are kind and compassionate for trying to help, but most of these Bio folks are simply helpless.

Hope this helps.

 

[anonymous]

“Customers” are not assets and they cannot be “sold”. Liquidation only applies to assets. Do yourself a favor son snd STFU. Hope this helps.

Actually, the prior poster is correct. If Bio liquidates, of course their current contracts would go out for bid.

 

[anonymous]

Really junior? Please educate us. Tell us how “customers” can be “auctioned off to the highest bidder” during a bankruptcy liquidation. I sure can’t wait to see these BioReference “client contracts” after we acquire you.

I’m not the “Junior” in this back and forth, but the poster didn’t say their contracts would be liquidated like assets, but forced to go out to bid as a result.

The first contracts out for bid would be non-traditional contracts; joint ventures, management agreement (where Bio has taken over a CLIA license) Co Marketing, Shared Services, Shared Profits etc…

Even those traditional contracts, where Bio has put up their capital for in-house phlebotomists, expensive LIS and other interfaces … would go out for bid. And certainly, those traditional hospital reference relationships would go out for an RFP and the first whisper of Bio’s liquidation.

 

[anonymous]

7:41am on a Monday morning and you’re on Cafepharma. Is this how you prepare for a productive work week, son? Is this a good use of you employer’s time?

LOL! Is this a good use you employer’s time? You posted this less than two hours later, so much of what you said applies to you. If you were employed, of course.

 

[anonymous]

Oh brother. Do we have to spell it out for you, son? What if BioReference’s key players in the field, like Dean, opted to hang their hats at Labcorp? And God forbid, what if Cindy took all of her agility, enthusiasm and memberships over there as well. Plus, on the ops side, you think they wouldn’t pay almost anything for a certified black belt master? Quest Diagnostics gets what Quest Diagnostics wants, and we want BioReference. We will not lose to Labcorp.

Huh? This response is incoherent at best. Quest can buy Bio for pennies on the dollar, now that Bio is in a death spiral. Quest does NOT need the “1990s acquisition playbook” and acquire routine testing with low contribution margins. And if Dean and Cindy are all that, why wouldn’t they migrate to Quest Dx – a much better option?

If these two idiots opt for LabCorp, then they will fail de facto within that chaotic culture. Their questionable talent within a poor organization would not pose a threat Quest Dx.

But really? Acquire a lab prematurely, for over EBITA value, because you don’t want two average-at-best employees to go to an inferior competitor? Truly baffling logic.

 

[anonymous]

I’m not the “Junior” in this back and forth, but the poster didn’t say their contracts would be liquidated like assets, but forced to go out to bid as a result.

The first contracts out for bid would be non-traditional contracts; joint ventures, management agreement (where Bio has taken over a CLIA license) Co Marketing, Shared Services, Shared Profits etc…

Even those traditional contracts, where Bio has put up their capital for in-house phlebotomists, expensive LIS and other interfaces … would go out for bid. And certainly, those traditional hospital reference relationships would go out for an RFP and the first whisper of Bio’s liquidation.

We will determine your status here, junior. And you don’t know what the f-ck you’re talking about. In addition, even if you did, no one would care about your stupid opinions. Hope this helps

 

[anonymous]

We will determine your status here, junior. And you don’t know what the f-ck you’re talking about. In addition, even if you did, no one would care about your stupid opinions. Hope this helps

I posted your address

 

[anonymous]

We will determine your status here, junior. And you don’t know what the f-ck you’re talking about. In addition, even if you did, no one would care about your stupid opinions. Hope this helps

Did you see it chickenshit?

 

[anonymous]

LOL! Is this a good use you employer’s time? You posted this less than two hours later, so much of what you said applies to you. If you were employed, of course.

It’s none of your business how your superiors spend their time. Hope this helps

 

[anonymous]

And you don’t know what the f-ck you’re talking about. In addition, even if you did, no one would care about your stupid opinions. Hope this helps

Actually, I do know what I'm talking about. I've put together the large affiliation agreements I previously explained, and you summarily dismissed. Not a word about the substance of the post. Just that I don't know and even if I did. Talk about a childish response?

 

[anonymous]

It’s none of your business how your superiors spend their time. Hope this helps

Ah. That's right. You're my superior who happens to be posting on this message board during work hours. Thanks for the clarification.

 

[anonymous]

Ah. That's right. You're my superior who happens to be posting on this message board during work hours. Thanks for the clarification.

We would be hard pressed to find anyone that wasn’t your superior.

 

[anonymous]

Actually, I do know what I'm talking about. I've put together the large affiliation agreements I previously explained, and you summarily dismissed. Not a word about the substance of the post. Just that I don't know and even if I did. Talk about a childish response?

Substance of your post? Thanks for trying to lighten up the dialogue this evening with a joke. What’s your point, son? Company A goes out of business and Companies B and C compete for the newly available business? Fascinating. Very insightful. Thanks for sharing.

 

[anonymous]

Substance of your post? Thanks for trying to lighten up the dialogue this evening with a joke. What’s your point, son? Company A goes out of business and Companies B and C compete for the newly available business? Fascinating. Very insightful. Thanks for sharing.

You need some new material, Son. Your hillbilly act is getting stale.

 

[anonymous]

Substance of your post? Thanks for trying to lighten up the dialogue this evening with a joke. What’s your point, son?

My point was beautifully illustrated. But since you’re having a hard time focusing beyond your main purpose here to annoy, troll and sound stupid, I’ll remind you.

(First) A previous poster suggested that waiting for Bio to liquidate could put potential Quest revenues in jeopardy via some of their contracts.

(Then) You foolishly conflated asset liquidation with contracts that could be lost because of it.

(Next) You blustered to provide examples of clients being auctioned off.

(Lastly) I schooled you by providing several specific examples of traditional and non-traditional contracts which would be sent out for bid due to liquidation.

(In response) You didn’t refute my counter-argument on the substance, but said I didn’t know what the f—k I was talking about – but even if I did … and then some indecipherable childish drivel.

Sigh ... Please try to follow the thread. It evolves, so it could be tricky (for some).

 

[anonymous]

Substance of your post? Thanks for trying to lighten up the dialogue this evening with a joke. What’s your point, son? Company A goes out of business and Companies B and C compete for the newly available business? Fascinating. Very insightful. Thanks for sharing.

My point was beautifully illustrated. But since you’re having a hard time focusing beyond your main purpose here to annoy, troll and sound stupid, I’ll remind you.

(First) A previous poster suggested that waiting for Bio to liquidate could put potential Quest revenues in jeopardy via some of their contracts.

(Then) You foolishly conflated asset liquidation with contracts that could be lost because of it.

(Next) You blustered to provide examples of clients being auctioned off.

(Lastly) I schooled you by providing several specific examples of traditional and non-traditional contracts which would be sent out for bid due to liquidation.

(In response) You didn’t refute my counter-argument on the substance, but said I didn’t know what the f—k I was talking about – but even if I did … and then some indecipherable childish drivel.

Sigh ... Try to keep up with this thread. It evolves, so it gets a bit tricky (for some).