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Competitive Bidding: A Growing Threat to Labs

It’s popping up in more regions as government health programs look for ways to save money

CEO SUMMARY: When it comes to competitive bidding for laboratory testing services, Medicare is no longer the only government health program looking to save money through this method. Florida’s Medicaid program and the British Columbia health system are both moving forward with plans to implement competitive bidding. Skyrocketing healthcare costs may make this an unstoppable …

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