As LIR goes to press word comes that the proposed $750 million annual levy on clinical laboratories beginning in 2010 has been dropped from the modified health care reform bill now being marked up by the Senate Finance Committee. However, there is still cause for industry concern, as a separate provision would reduce the Medicare lab fee schedule by 1.75 percentage points from 2011 through 2015.

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October 2009 - Table of Contents

LIR October 2009 (full PDF issue)

G-2 Reports’ Web-Based Connectivity Survey Finds 59% of Labs Connected to Physician EMR; Many Report Expected ROI in Less than 5 Years

Industry Exhales: $750 Million Tax Levy Dropped From Senate Finance Bill

Sonic Healthcare’s 2009 Revenues Up 27% to $2.5 Billion as Acquisition War Chest Grows to $644 Million

Genoptix, Myriad Genetics Continue to Lead in G-2’s Second-Quarter Benchmarking Analysis

Inside the Lab Industry: Many Labs Expect Five-Year Return on Investment in Web-Based Connectivity Systems Through New Clients, Expanded Business

Bostwick Labs Expands Mid-Atlantic Footprint with Launch of American International Pathology Laboratories

Lab Index Finishes the Summer Strong; Up 18% Over 13 Weeks, 42% for Full Year 2009

Industry Buzz: Myriad Genetics Expands Salesforce by 50 Reps to Aggressively Target Ob-Gyn Market