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Labs Hope to Renegotiate 1.75% Medicare Fee Cuts

Some labs to be unfairly hit by five consecutive yearly 1.75% cuts in Medicare Part B lab test fees

CEO SUMMARY: As Congress crafted its reform of the nation’s healthcare system last year, it asked healthcare providers to contribute substantially to the cost of the Patient Protection and Affordable Care Act. The lab industry will see a 1.75% cut in reimbursement for Medicare Part B patients in each of the next five years—a cut …

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