Lab Spending: How Ripe a Target for Medicare Cuts? June 11, 2007
When pressed to cut Medicare spending, Congress has historically eyed Part B lab spending as a "tempting target." Since establishing the lab fee schedule in 1984, lawmakers have canceled the annual update 12 times in 23 years, including the latest freeze that runs through 2008, and have reduced the national fee caps from 115% to 74% of the national median.