Since 1995, Reliable Business Intelligence for Clinical Laboratories, Pathology Groups and Laboratory Diagnostics
This is an excerpt of a 1,028-word article in the October 5, 2020 issue of THE DARK REPORT (TDR). The full article is available to members of The Dark Intelligence Group. CEO SUMMARY: In this latest lab fraud crackdown, Department of Justice cases involving clinical labs or molecular test claims may represent about half (or about $3 …
DOJ Delivers $6B Lab Fraud Crackdown Read More »
When you finish reading our story about how Medicare spending for molecular and genetic tests jumped by as much as 700% in certain states during 2019, you’ll be among the first in the nation to understand why a financial crisis is soon to wash over those clinical laboratories and pathology groups that perform genetic tests. We thank Bruce Quinn, …
Lab Finances to Become More Challenging Read More »
CEO SUMMARY: Rapid growth in what Medicare spent for molecular tests in recent years may lead federal investigators to increase scrutiny of fraudulent billing for clinical laboratory and molecular pathology tests, according to a lab consultant who has tracked such spending in recent years. Data show that Medicare spending for these tests rose sharply since 2017, and that in some Medicare …
Medicare Pays 500% More for Molecular Test Claims Read More »
CEO SUMMARY: Department of Justice cases involving clinical labs or molecular test claims may represent about half (or about $3 billion) of the total fraudulent claims. Those claims stem from genetic testing, urine-drug and other tests, and healthcare services, the DOJ said. In addition, the DOJ reported that labs were involved in filing fraudulent claims for lab tests while working with …
DOJ $6B Fraud Crackdown Charges 345 Defendants Read More »
CEO SUMMARY: Demand for high-complexity mobile coronavirus testing facilities is high, according to the CEO of a start-up company building 25 clinical labs in mobile trailers that can do hundreds of tests per eight-hour day. Employers, schools, event organizers, and other entities all have high interest in contracting with this California company for mobile on-site testing that can deliver rapid results …
High-Complexity Mobile Labs for COVID-19 Testing Read More »
IT’S BEEN A CHALLENGING YEAR for companies that sell laboratory information systems (LIS) to the nation’s clinical laboratories. Because of the SARS-CoV-2 outbreak, labs have delayed decisions to acquire or upgrade their existing LIS systems, as well as previously-scheduled installs of new or upgraded systems. Two major sellers of LIS products in the United States are Cerner Corporation and Roper Technologies’ Sunquest Information Systems. Both …
LIS and Lab Informatics Vendors Report Second Quarter Earnings Read More »
SUBMITTING CLINICAL LABORATORY AND PATHOLOGY TEST CLAIMS to UnitedHealthcare (UHC) will be more complex after the nation’s largest health insurer announced three significant changes in its claims processing procedures. The three changes involve: • Requests for refunds from anatomic pathology (AP) groups that UHC says may have submitted incorrect claims for biopsies, • Rules for out-of-network referrals, and • More tests needing prior …
UnitedHealth Sets More Billing Rules for Labs, Pathologists Read More »
Guess who will be partnering with the US Department of Veterans Affairs to support its wider use of digital pathology? It’s Google! Last month, it was announced that the Defense Innovation Unit (DIU) of the Department of Defense (DoD) had selected Google Cloud “to prototype an artificial intelligence-enabled digital pathology solution to help detect cancer on multiple disease areas.” This relationship can be expected to encourage acceptance and wider use of digital …
October 5, 2020 Intelligence: Late-Breaking Lab News Read More »
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