Labs Push to Cut Costs As Budgets, Prices Shrink

CEO SUMMARY: Cost-cutting is now the prime directive at progressive labs because nearly every laboratory organization in the United States is under sustained financial pressure. This is due to shrinking budgets for hospital labs and more aggressive price-cutting by private payers. Even Obamacare is a factor, because of the Medicare Part B price cuts it …

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Labs Push to Cut Costs As Budgets, Prices Shrink

Repeated budget cuts and lower test prices are now forcing labs to aggressively cut costs

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