tci Part B Insider - 2004 Issue 9

Physician Office Labs: 5-Year Freeze Could Chill Your POL Business

Trimming tests, reaching out may save your labIf you're one of the thousands of physician offices that operates your own laboratory out of your office, then you could be in for some lean times. The Medicare reform bill signed last December by President Bush imposes a five-year freeze on Medicare laboratory payments, and that includes physician office labs. "The lab industry for the POLs has been suppressed for many years already, so this freeze is really not going to impact it any worse than it already has," says Larry Fox, a technical consultant with Consolidated Lab Services...

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