Since 1995, Reliable Business Intelligence for Clinical Laboratories, Pathology Groups and Laboratory Diagnostics
>CEO SUMMARY:In an attempt to cut the cost of clinical laboratory test billing, a number of clinical labs and pathology groups are using offshore billing and collections companies. These companies charge about half of what U.S. billers charge, but along with the low rates may come a sharp drop in revenue of 30% to 40% …
Labs Get Less Revenue as Billing Shifts Offshore Read More »
>CEO SUMMARY: At the end of 2019, the Laboratory Access for Beneficiaries (LAB) Act became law and addressed two of the three most onerous requirements in the Protecting Access to Medicare Act (PAMA) of 2014. It delays the data-reporting requirements under PAMA, and requires an independent advisory panel to review the methods federal officials used …
33 Groups Cooperated to Get PAMA-Related LAB Act Passed Read More »
It is a notable and rare success for the clinical laboratory profession to convince the House and Senate to pass a law that is favorable to the interests of patients and the clinical laboratories that serve them. Yet that is what happened when Congress passed the Laboratory Access for Beneficiaries (LAB) Act in December and …
Any Hope for Relief from PAMA Medicare Price Cuts? Read More »
This is an excerpt of a 1,550-word article in the Feb. 17, 2020 issue of THE DARK REPORT (TDR). The full article is available to members of The Dark Intelligence Group. CEO SUMMARY: THE DARK REPORT analyzes news of the latest hospital outreach business sale, finding that a need for more capital is probably one …
Memorial Hermann Sells Hospital Outreach Lab to Quest Read More »
This is an excerpt of a 3,163-word article in the Dec. 16, 2019 issue of THE DARK REPORT (TDR). The full article is available to members of The Dark Intelligence Group. CEO SUMMARY: There was plenty of bad news in 2019 for clinical labs and pathology groups. Yet lurking inside this news are clear opportunities …
2019’s Top 10 Lab Stories Reveal Major Laboratory Industry Trends Read More »
Is it a coincidence that a number of uninsured consumers filed separate lawsuits in federal courts against Laboratory Corporation of America and Quest Diagnostics—alleging, in both cases, that they were overcharged for clinical laboratory tests—just months before the federal government published final rules requiring hospitals and other providers to publish their prices? Last month, the federal …
Is Health Price Transparency at Its Tipping Point? Read More »
Medicare lab test price cuts mandated by the Protecting Access to Medicare Act (PAMA) are eroding the finances of urology groups that do in-office clinical laboratory testing. In the November issue of Urology Times, urologist Robert A. Dowling, MD, wrote a news story that identified the cuts in Medicare Part B prices for the lab tests …
November 25 2019 intelligence late breaking lab news Read More »
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