PROBABLY THE MOST SERIOUS problem in the lab industry is one of its own making. “Below cost” contracting is a practice where clinical laboratories offer the managed care company a price which is less than its cost to provide the testing. With laboratory overcapacity still abundant in many cities, “below cost” contract pricing remains common. […]
- "Lab Industry Update"
Lab Contracts Priced Below Cost May be Defined as Inducement
- By Robert Michel
- > From the Volume VI No. 6 - April 26, 1999 Issue
- Tags: cap, clinical lab, clinical laboratories, Clinical Laboratory, clinical laboratory industry, impac, lab industry, lab test, lab testing, laboratories, laboratory association, laboratory fees, laboratory industry, laboratory service, laboratory services, laboratory test, laboratory testing, managed care, managed care plan, managed care plans, pathologists, the clinical laboratory
