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Healthcare Cost Solutions Will Continue to Pinch Lab Industry Revenues in 2015

Clinical laboratory news will focus on FDA regulation of LDTs and PAMA’s market price reporting requirements

CEO SUMMARY: Will 2015 turn out to be a watershed year for the clinical laboratory industry? With healthcare cost solutions continuing to squeeze laboratory profits, two federal agencies are pushing forward with initiatives that will touch nearly every medical lab in the United States in the next 12 months. Other equally powerful trends continue to negatively influence the prices labs are paid for their testing services. All these factors make it essential for lab administrators and pathologist business leaders to work proactively to maintain their lab’s financial stability.

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