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State, Federal Regulators Target Specialty Labs

Specialty Laboratories’ CLIA-88 license “yanked” by CMS laboratory enforcers

CEO SUMMARY: Specialty Laboratories, Inc. has earned the dubious honor of being the first-ever publicly-traded laboratory to have its CLIA-88 license revoked by federal regulators, terminating its right to payment for services covered by Medicare and Medicaid. The revocation is slated to take effect on April 26, but is subject to a court appeal that …

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