Revenue risk and price transparency in hospital-based laboratories
Myers, J.H.
Healthcare Financial Management Journal of the Healthcare Financial Management Association 69(11): 100-106
2015
ISSN/ISBN: 0735-0732 PMID: 26685443 Document Number: 684922
Two developments with important revenue implications for hospital laboratories demand the attention of hospital finance leaders: > Significant differences in pricing between higher-priced hospital-based laboratory services and lower-priced services delivered by commercial laboratories give patients a disincentive to use the hospital-based services. > Hospital operating revenue will be substantially affected beginning in 2017 by deep, statutory cuts in payment for the highest-volume tests on the Part B Clinical Laboratory Fee Schedule.