CEO SUMMARY: In a new analysis of data its lab clients will use to report market prices to CMS, XIFIN Inc., reports private payers paid independent labs a weighted average price that was 19.6% less than what Medicare pays for 20 of its highest-volume tests. By contrast, private payers paid hospital labs with NPIs a weighted average […]
XIFIN Analysis of Its Real Price Data Shows Hospital Lab Price Effect
Study based on hundreds of millions of lab test claims
- By Joseph Burns
- > From the Volume XXIII No. 15 - November 7, 2016 Issue
- Tags: clfs, clinical lab, clinical lab test, clinical lab tests, Clinical Laboratory, Clinical Laboratory Fee Schedule, clinical laboratory industry, clinical labs, dark report, genetic test, genetic testing, genetic testing lab, genetic testing labs, hospital lab outreach programs, impac, lab industry, lab outreach, lab test, lab test prices, lab testing, lab tests, laboratories, laboratory fee schedule, laboratory industry, laboratory information, laboratory test, medical lab, medical lab test, medical lab testing, Medicare, medicare lab, Medicare Part B, NY labs, outreach lab, private payer, revenue cycle, revenue cycle management, revenue cycle management services, the clinical laboratory, the dark report, workflow automation, xifin, xifin inc.
