CEO SUMMARY: Some laboratories continue to offer deeply-discounted prices to the nation’s largest managed care plans as a way to maintain provider status and keep market share. In one case, these deep discounts surprised a long-time lab executive, who decided to share the information, along with his comments. Among his concerns is how such situations […]
Price Discount Practices May Prove Troublesome
One lab industry executive is surprised at how deeply test prices are discounted to payers
- By Robert Michel
- > From the Volume XI No. 3 - February 23, 2004 Issue
- Tags: blood brothers, cap, clinical chemistry test, clinical chemistry tests, competitive bid, Fee-for-service, hie, hospital billing, lab executive, lab industry, lab outreach, lab test, lab testing, lab testing services, laboratories, laboratory companies, laboratory industry, laboratory test, laboratory testing, laboratory testing services, laboratory tests, managed care, managed care plan, managed care plans, Medicare, medicare lab, pathologists, private payer, the laboratory
