Precision Diagnostics
Precision Diagnostics is a clinical reference laboratory providing LC-MS/MS urine and oral fluid drug testing, DNA specimen authentication, and drug-drug interaction intelligence to U.S. healthcare providers serving pain management and addiction treatment practices.
- Company typePrivate
- Founded2013
- HeadquartersSan Diego, United States
- Headcount251–500
- GTM typeB2B
- OfferingServices
What Precision Diagnostics does
Precision Diagnostics, LLC is a privately held clinical reference laboratory founded in 2013 and headquartered in San Diego, California, with a secondary laboratory in Dartmouth, Massachusetts. The company provides next-generation urine and oral fluid drug testing services to healthcare providers across the United States, targeting physicians, pain management specialists, addiction treatment providers, and primary care providers. The company self-identifies as 'The Fastest Growing Company in the Industry' on its careers page and employs 251-500 staff.
Precision Diagnostics firmographics
Firmographics- Name
- Precision Diagnostics
- Legal name
- Precision Diagnostics, LLC
- Website
- https://precisiondxlab.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Precision Diagnostics is a clinical reference laboratory providing LC-MS/MS urine and oral fluid drug testing, DNA specimen authentication, and drug-drug interaction intelligence to U.S. healthcare providers serving pain management and addiction treatment practices.
- Ownership category
- akta.pro rank
Precision Diagnostics industry classification
Industry- Product category
- Clinical Laboratory Services
- NAICS
- Medical Laboratories (621511), Medical and Diagnostic Laboratories (6215)
- SIC
- Services-Medical Laboratories (8071)
- akta.pro primary industry
- Reference & Esoteric Testing Laboratories (HLAFAMAJ)
- akta.pro secondary industry
- Molecular Diagnostics & Genomics Laboratories (HLAFAMAE)
Keywords
Where Precision Diagnostics is headquartered
LocationHeadquarters
- HQ city
- San Diego
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Precision Diagnostics business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Clinical Laboratory Testing Services: Precision Diagnostics operates as a clinical reference laboratory providing diagnostic testing services to healthcare providers. Revenue is generated through billable laboratory tests, with payments received from payers including health insurance plans and potentially government healthcare programs. Services include urine drug testing, oral fluid drug testing, DNA specimen verification, and drug-drug interaction reporting. The company aligns with value-based care principles and focuses on medically necessary test utilization.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Precision Diagnostics product offering
Product offeringCore offering
Precision Diagnostics is a clinical reference laboratory providing next-generation urine and oral fluid drug testing for healthcare providers. The company operates two laboratories (San Diego, CA and Dartmouth, MA) and delivers four integrated offerings: VerifID DNA specimen authentication, NextGen research-grade LC-MS/MS testing with optimized cutoffs, UpNEXT HIPAA-compliant scheduling and management platform, and DDI drug-drug interaction intelligence powered by Elsevier's Gold Standard Drug Database. Services are billed to payers and ordered by physicians, pain management specialists, addiction treatment centers, and primary care providers.
Product overview
Precision Diagnostics offers a suite of four integrated clinical laboratory products focused on urine and oral fluid drug testing. The portfolio includes VerifID (DNA specimen authentication), NextGen (advanced LC-MS/MS testing with optimized cutoffs), UpNEXT (drug testing management and scheduling), and DDI (drug-to-drug interaction intelligence). These products work together to provide comprehensive drug testing services with a focus on accuracy, patient safety, and provider efficiency.
Differentiator
Problem solved
Functional benefit
Brands
- VerifID: DNA matching solution that verifies patient identity by matching urine specimen to donor patient for error-free care and sample authenticity.
- NextGen
- UpNEXT
- DDI
Products and services
- VerifID
Quantifiable outcome
- Analysis of 46,000+ anonymized patient results demonstrated that conventional cutoff levels produced false negatives, representing missed opportunities for intervention and strained provider-patient relationships
Companies that use Precision Diagnostics
Customer profileSegments3 records
Ideal customer profiles2 records
Precision Diagnostics technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature4 records
Precision Diagnostics partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Elsevier (Gold Standard Drug Database)coreElsevier's Gold Standard Drug Database (GSDD) provides the drug interaction descriptions that power Precision DDI. This integration enables healthcare providers to access trusted drug-to-drug interaction intelligence as a complimentary enhancement across all formats of Precision's test reports. The DDI data is seamlessly integrated into test reports within the clinical workflow, enabling confident decision-making without disruption.
Scale indicators3 records
Recent moves6 records
Expansion highlights4 records
Precision Diagnostics competitors and assessment
Company assessmentDirect peers
- U.S. Drug Testing Laboratories: Specialty laboratory focused on forensic and clinical drug testing including urine toxicology; comparable to Precision's specialty focus on drug monitoring for healthcare and judicial clients.
- Millennium Health: Specialty clinical laboratory focused on urine drug testing and medication monitoring using LC-MS/MS; closest direct competitor to Precision's NextGen product, serving pain management and addiction treatment providers.
- BioReference Health (formerly BioReference Laboratories): Clinical reference laboratory offering specialized diagnostics including toxicology and drug monitoring; comparable to Precision in serving specialty testing needs of healthcare providers.
- ARUP Laboratories: Major U.S. reference laboratory offering esoteric and specialized testing including toxicology; comparable as a clinical reference lab with hospital and physician clients and similar advanced analytical technology stack.
- Aegis Sciences Corporation: Clinical laboratory providing medication monitoring and drug testing services to healthcare providers, including pain and behavioral health — directly comparable offering to Precision Diagnostics.
Broad incumbents
- Sonic Healthcare USA: International clinical laboratory operator with U.S. presence providing diagnostic testing including toxicology; comparable to Precision as a reference lab serving healthcare providers.
- Quest Diagnostics: Largest U.S. clinical reference laboratory offering a broad menu including drug testing; competes with Precision Diagnostics on national scale, payer contracts, and logistics rather than on LC-MS/MS specialization.
- Eurofins Scientific: Global clinical diagnostics and testing services group operating reference laboratories; competes in specialty clinical testing markets including toxicology relevant to Precision Diagnostics.
- Laboratory Corporation of America (LabCorp): Major U.S. clinical lab with full-service drug testing offerings and deep payer relationships; overlaps with Precision in urine drug screening but competes primarily on breadth and integration.
Emerging players
- Psychemedics Corporation: Specialty laboratory offering hair-based drug testing for workplace, legal, and clinical monitoring; adjacent to Precision's urine/oral fluid focus with overlap in addiction and pain-management provider segments.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Precision Diagnostics social profiles
Digital presencePrecision Diagnostics compliance and trust
Trust signalCompliance4 records
Precision Diagnostics financial estimates
Financial estimateRevenue estimate
Valuation estimate
Precision Diagnostics leadership team
Management profileNumber of profiles
Profiles9 records
Precision Diagnostics funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Precision Diagnostics M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Precision Diagnostics
What does Precision Diagnostics do?
Precision Diagnostics is a clinical reference laboratory providing next-generation urine and oral fluid drug testing for healthcare providers. The company operates two laboratories (San Diego, CA and Dartmouth, MA) and delivers four integrated offerings: VerifID DNA specimen authentication, NextGen research-grade LC-MS/MS testing with optimized cutoffs, UpNEXT HIPAA-compliant scheduling and management platform, and DDI drug-drug interaction intelligence powered by Elsevier's Gold Standard Drug Database. Services are billed to payers and ordered by physicians, pain management specialists, addiction treatment centers, and primary care providers.
Is Precision Diagnostics a public or private company?
Precision Diagnostics is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Precision Diagnostics founded?
Precision Diagnostics was founded in 2013. It employs 251 to 500 people.
Where is Precision Diagnostics based?
Precision Diagnostics is headquartered in San Diego, United States, in the North America region.
How does Precision Diagnostics make money?
One revenue line is on record: clinical Laboratory Testing Services.
Who are Precision Diagnostics's main competitors?
Direct peers on record are U.S. Drug Testing Laboratories, Millennium Health, BioReference Health (formerly BioReference Laboratories), ARUP Laboratories and Aegis Sciences Corporation. Broad incumbents are Sonic Healthcare USA, Quest Diagnostics, Eurofins Scientific and Laboratory Corporation of America (LabCorp). Psychemedics Corporation is listed as an emerging player.
Does Precision Diagnostics have an API?
No public API is recorded for Precision Diagnostics.
What industry is Precision Diagnostics in?
Precision Diagnostics's product category is Clinical Laboratory Services. Its primary akta.pro industry code is HLAFAMAJ, Reference & Esoteric Testing Laboratories, with a secondary code of HLAFAMAE, Molecular Diagnostics & Genomics Laboratories. Its NAICS code is 621511 and its SIC code is 8071.