CEO SUMMARY: “Reference pricing” does not refer to how a lab negotiates prices with its reference lab! Rather, reference pricing describes a specific approach to health plan benefits that incentivizes the consumer to choose lower-cost providers while allowing that consumer to still use a higher-priced provider, so long as that consumer pays the additional costs […]
Alert to All Labs: Beware Of ‘Reference Pricing’
Credible new study demonstrates patients in reference pricing plans avoid high-priced labs
- By Robert Michel
- > From the Volume XXIII No. 12 - September 6, 2016 Issue
- Tags: clinical lab, Clinical Laboratory, clinical laboratory industry, clinical laboratory test, clinical laboratory testing, clinical laboratory tests, clinical labs, cost of lab, dark report, genetic test, genetic tests, hospital lab outreach programs, lab executive, lab industry, lab outreach, lab test, lab test prices, lab testing, lab tests, laboratories, laboratory executive, laboratory industry, laboratory test, laboratory testing, laboratory tests, Medicare, Medicare Part B, pathologists, reference pricing strategy, the dark report
