After years of discussion about competitive bidding for laboratory services, CMS is expected to make 2007 the year in which it will fulfill the directive of the Medicare Modernization Act of 2003 and implement a demonstration project for lab competitive bidding. The demo project is currently in a holding pattern awaiting United States Office of Management and Budget (OMB) approval on its structure and budget, but industry leaders expect it to begin by June of this year.

Subscribers: click here for the full story

Non-Subscribers: click here to subscribe

January 2007 - Table of Contents

LIR January 2007 (full PDF issue)

Competitive Bidding Demo in Holding Pattern Awaiting OMB’s OK

Sonic to Acquire American Esoteric Laboratories for $180M

LabCorp Buys Kansas Lab

What Does ’07 Hold for LabCorp? LIR’s Interview With New CEO Dave King

Lab Industry Awaits First Domino of Competitive Bidding Project to Tip

Spotlight on Pap Testing: Monolayer Testing to Take 100% of Market in ’07?

BD Closes on $350m TriPath Acquisition

Luminex to Buy Tm Bioscience for $37.9M

Aetna Contracts With Genomic Health for Oncotype DX

Lab Stocks Rise 4%; Clarient and Genomic Health Soar 27%

Integrating MDx Conference