Main Article

One of the highlights of the $787 billion economic stimulus bill is the almost $20 billion in investments that could deliver over $40,000 to pathologists in health information technology (HIT) incentives payments over five years. But it’s not all good news for the lab industry, as Medicare-participating pathologists and other physicians who are hospital-based are barred from directly receiving such payments because they are considered covered under separate HIT incentive payments for hospitals. In addition, the economic stimulus law does not provide such payments to other providers, including laboratories and skilled nursing facilities.

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April 2009 - Table of Contents

LIR April 2009 (full PDF issue)

Economic Stimulus Bill’s $19 Billion in IT Investments Include Incentives for Pathologists, but Not Labs

California AG Alleges Billing Fraud in Suit Against Quest, LabCorp, and Five Other Labs

Survey Finds 63% of Labs Grappling With High Vacancy Rates; Medical Technologist Rate Highest at Over 10%

Genoptix Leads in FY2008 Productivity Benchmark Measures

Inside the Lab Industry: Stimulus Bill’s $19 Billion in IT Investment Provides Incentives, Penalties for Lab Industry

Cleveland Clinic Eyes $25 Million Reference Lab Expansion, Broadens Focus on Cardiac Esoteric Testing

Genoptix FY08 Revenues Up 96% to $116 Million; Growth Includes Move Into Solid Tumor Testing

Enzo Biochem Names New Clinical Lab President; Acquires Assay Designs

Lab Stocks Down 16% So Far in March; Down 7% So Far in 2009

LabCorp, Quest Name New Chief Medical Officers