Proposed Federal Budget Threatens Laboratories

Proposed Federal Budget Threatens Laboratories

BY NOW MOST OF YOU KNOW THAT PRESIDENT CLINTON’S FY01 BUDGET is not kind to the clinical laboratory industry. It seeks to restore the 20% copayment for lab services, cuts 30% out of the reimbursement for four tests, and institutes the Medicare competitive bidding concept for lab services.

Over the last 15 years, the track record

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