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Review of Genetic Testing Companies During 2024

CEO SUMMARY: Investors in genetic testing companies are taking it on the chin these days. During 2024, a number of the nation’s largest firms providing genetic test services reported significant losses. Other genetic testing companies are dealing with class action lawsuits claiming that…

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Gold Cards Offer Labs Limited Relief for Prior Auth Woes

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How Private Health Insurers May Respond to FDA LDT Regulation

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UnitedHealth Group Faces DOJ Antitrust Probe

CEO SUMMARY: Recent events have not been kind to UnitedHealth Group and its subsidiaries UnitedHealthcare and Optum. In February, just as UHG’s Change Healthcare division was hit with a major cyberattack that disrupted billions of dolla…

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Labs Should Prepare for Arrival of ‘Perfect Storm’

CEO SUMMARY: In the near future, clinical labs and pathology groups will need to address three major developments. One involves the FDA proposed LDT rule. A second is the adoption by payers of guidelines that require genetic test claims to have Z-Codes. The third centers around coming ref…

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Year’s Top 10 Lab Stories Contain Surprises & Twists

CEO SUMMARY: With the SARS-CoV-2 pandemic now in the rearview mirror of the nation’s clinical labs and pathology groups, the important news stories of 2023 were mostly about developments where the consequences will influence laboratory operations in coming years. Artificial intelligence…

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Why Payers Bristle as Labs Submit Inpatient Fees for Outreach Tests

        EDITOR’S NOTE: Our column, Virchow, is written…

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Payers Are Right to Be Wary of Claims for Some LDTs’ Value

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How Certain Labs Can Crack into Health Plans’ Closed Networks

EDITOR’S NOTE: Our column, Virchow, is written by anonymous insiders working within the managed…

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UHC Will Delay Enforcement of Z-codes for Genetic Test Claims

IN THE LATEST BACKPEDAL ON ITS NEW POLICY, UNITEDHEALTHCARE (UHC) appears to have dropped its requirement for genetic testing laboratories to use Z-codes for claims under commercial health plans—for now. Earlie…

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