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Labs Get Less Revenue as Billing Shifts Offshore

Use of low-rate medical billers may cause labs and pathology groups to see sharp revenue declines

>CEO SUMMARY:In an attempt to cut the cost of clinical laboratory test billing, a number of clinical labs and pathology groups are using offshore billing and collections companies. These companies charge about half of what U.S. billers charge, but along with the low rates may come a sharp drop in revenue of 30% to 40% …

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