July 2006

TC/PC: Pathology’s Barn Door Is Now Wide Open

CEOSUMMARY: There’s a degree of irony in the current state of affairs. When a handful of lab companies decided to hit office-based urologists and gastroenterologists with the sales tactic of a TC/PC arrangement several years ago, no one realized the consequences of teaching these high-referring docs that there could be substantial profit in anatomic pathology […]

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Technical/Professional Billing Triggers Strong Opinions

The Dark Report / Robert Michel

IT’S A TREND WHICH IS GAINING THE NOTICE of growing numbers of pathologists. Physician groups are taking steps to directly engage pathologists to diagnose cases. The term “TC/PC” is often used to describe situations where two different providers provide the technical component (TC) and the professional component (PC) and each bills separately for its work.

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July 3, 2006 “Intelligence: Late Breaking Lab News”

Late Breaking Lab News / Robert Michel

Last Friday afternoon, it was announced that Siemens AG would acquire the diagnostics division of Bayer Healthcare. Siemens will pay $5.4 billion and the deal is expected to close in early 2007, subject to regulatory approval. Sales at Bayer Diagnostics totaled $1.8 billion in 2005. Bayer AG, the parent corporation, is currently in a battle

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