CEO SUMMARY: Independence Blue Cross in Philadelphia decided to select Laboratory Corporation of America for its new eight-year managed care contract that took effect on July 1. However, the real story is the aggressive bidding war between the two national labs. Sources say LabCorp bid an aggressively low price of between $1.00 to 1.60 per […]
Philly Blue Cross Contract: LabCorp In; Quest Out
Following an aggressive bidding war, IBC selects LabCorp and boots Quest Diagnostics from its network
- By Joseph Burns
- > From the Volume XXI No. 12 - September 2, 2014 Issue
- Tags: blood brothers, cap, Capitation, care contracts, clinical lab, clinical labs, dark report, Fee-for-service, lab costs, lab executive, lab manager, lab test, lab test pricing, lab testing, lab tests, lab work, laboratories, laboratory service, laboratory services, managed care, managed care contract, managed care contract negotiations, managed care contracting, managed care contracts, Medicare, molecular tests, outpatient laboratory services, routine lab test, routine lab tests, the dark report
