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Congress Likely to Pass Deep Cuts in Lab Test Fees

Reinstituting Medicare patient co-pay is one of three proposals to cut lab test reimbursement

CEO SUMMARY: All signs point to a potentially dismal financial outcome for the clinical lab testing industry as Congress tries to trim spending by $1.2 trillion over the next 10 years. At least three proposals to significantly cut lab test reimbursement are in active debate by federal lawmakers. One proposal calls for reinstituting the Medicare …

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