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XIFIN CEO White Analyzes Medicare 2018 Fee Cuts

As most experts predicted, CMS will cut lab test prices deep enough to hurt many labs

CEO SUMMARY: If the draft lab rates that CMS published Sept. 22 for the Clinical Laboratory Fee Schedule for 2018 go into effect Jan. 1 as proposed, then clinical labs will see a cut of 28% in what they get paid for the top 20 most common tests, according to a recent analysis. The rates …

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