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Medicare Price Cuts Drive Labs to Sell or File BK

It is the first wave of lab restructuring and is market evidence of deteriorating lab finances

CEO SUMMARY: Professional investors are smart with their money. Thus, it is no surprise that clinical lab and pathology companies owned by private equity firms are the first to be sold or closed. These investors are acting in response to the cumulative negative financial impact of recent cuts to lab test prices. Even more worrisome …

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