Navigation Links
Lab Industry Likely to Benefit from Expanded Preventive Testing Under New Health Care Law
Date:5/4/2010

The health care reform law enacted last month offers a potential boon to the diagnostic lab industry in the form of new business, but downward pressure on Medicare reimbursement rates could have a negative impact on revenues, said lab industry expert Dennis Weissman at a Slone Partners teleconference on the new law April 21.

Miami, FL (PRWEB) May 4, 2010 -- The health care reform law enacted last month offers a potential boon to the diagnostic lab industry in the form of new business, but downward pressure on Medicare reimbursement rates could have a negative impact on revenues, said lab industry expert Dennis Weissman at a Slone Partners teleconference on the new law.

The addition of 32 million people to the health insurance rolls over the next 10 years, the result of the law's mandate that persons have coverage, is likely to produce a proportional increase in the amount of diagnostic testing, Mr. Weissman predicted.

Moreover, he said, the law's elimination in 2011 of cost sharing for preventive services under Medicare is likely to lead to an increase in preventive and wellness testing. Starting next year beneficiaries will also have access to a comprehensive risk assessment and creation of a personalized prevention plan. "Certainly diagnostic testing is a piece of that puzzle," he said.

The elimination of cost sharing for preventive services will expand beyond Medicare when the health insurance exchange marketplace is created in 2014. "The biggest change in my estimate is going to hit private plans, starting once the health exchange starts in 2014, where they will be required to cover all A and B diagnostic tests as
'/>"/>

Source: PRWeb
Copyright©2010 Vocus, Inc.
All rights reserved  

Page: 1 2 3

Related medicine news :

1. VHI Releases Annual Industry Report - Highlights Hospital, Nursing Facility Efficiency
2. Cryopak France Opening Signifies New Vision for Global Manufacturing for the Cold Chain Industry
3. Frost & Sullivan Ghanaian Pharmaceutical Industry Innovation & Advancement Award Conferred on LaGray Chemical Company
4. Intellicig Clinches Exclusive Deal with Retail Distribution-Giant to Distribute Their Industry Leading Electronic Cigarettes
5. Biomedical Industry Jobs Critical to California's Economic Recovery, Finds California Healthcare Institute and PricewaterhouseCoopers
6. Adam Slone to Present the 2010 Study on Executive Compensation Benefits for the Diagnostic Laboratory Industry
7. Cosan-Shell Deal Expands Global Penetration Outlook for Brazilian Ethanol, Says Brazilian Sugarcane Industry Association
8. Nationwide Study Finds That Teenage Girls Have Mixed Feelings About the Fashion Industry
9. ThermoGenesis Corp. Names Healthcare Industry Executive Craig Moore to Board of Directors
10. Yayi International Hosts Goat Milk Industry Development Summit and Distributor Conference
11. Industry Advisor Joins OrthoAccel Technologies, Inc.
Post Your Comments:
*Name:
*Comment:
*Email:
Related Image:
Lab Industry Likely to Benefit from Expanded Preventive Testing Under New Health Care Law 
(Date:11/26/2014)... For its December issue , Atlantic ... on Blue Cross and Blue Shield Plans* interviewed officials ... strategies the two Blues plans are implementing in order ... sleep apnea, ranging from brick-and-mortar retail stores to patient ... increased rates of a variety of serious disorders, including ...
(Date:11/26/2014)... (PRWEB) November 26, 2014 With Thousand ... of dollars, the prosthodontists at the Anacapa Dental Art Institute ... dental procedures can be daunting for some. , That is ... the procedures they offer. , “No dentist wants cost to ... set of teeth,” said Dr. Mamaly Reshad, partner in the ...
(Date:11/26/2014)... Sonru, the video interviewing specialist, has today announced the ... Marketing Officer, in addition to the formal opening of ... been appointed as Chief Operating Officer. He is joined ... Marketing Officer. , Mr Jones is a seasoned tech, ... roles with The Walt Disney Company and Adventis where ...
(Date:11/26/2014)... 2014 Call 866-997-4948 (Us-Canada Toll Free) ... the details on sales(at)researchmoz(dot)us , Researchmoz.us announces a ... market 2014" with deep study of the report on ... high blood sugar. The global glucose monitoring market has ... growing number of diabetics in the world. Their numbers ...
(Date:11/26/2014)... 26, 2014 For those with a New ... LES MILLS BODYPUMP™ classes at the University of Colorado ... they've been looking for. The 45- 60 minute classes have ... and Wellness Center fitness club memberships. , LES MILLS BODYPUMP™ ... fast-paced and are aimed at fast results , By ...
Breaking Medicine News(10 mins):Health News:AIS Newsletter Reports on Strategies Blues Plans Are Implementing to Combat Sleep Apnea 2Health News:AIS Newsletter Reports on Strategies Blues Plans Are Implementing to Combat Sleep Apnea 3Health News:Anacapa Dental Art Institute Doctors Offers 6 Tips on How to Pay for Cosmetic, Restorative and Implant Dentistry 2Health News:Anacapa Dental Art Institute Doctors Offers 6 Tips on How to Pay for Cosmetic, Restorative and Implant Dentistry 3Health News:Anacapa Dental Art Institute Doctors Offers 6 Tips on How to Pay for Cosmetic, Restorative and Implant Dentistry 4Health News:Anacapa Dental Art Institute Doctors Offers 6 Tips on How to Pay for Cosmetic, Restorative and Implant Dentistry 5Health News:Sonru Expansion continues with appointment of new executive team and opening of new London base 2Health News:Latest Report on Diabetes Market 2014 - Global Market Size, Share, Trends and Forecast by Researchmoz.us 2Health News:Latest Report on Diabetes Market 2014 - Global Market Size, Share, Trends and Forecast by Researchmoz.us 3Health News:LES MILLS BODYPUMP™ classes come to the University of Colorado Anschutz Health and Wellness Center 2
... WASHINGTON, Jan. 13 Black women stand apart from White,women on ... obstacles to their own progress over the next decade cited by ... -- Major illness or medical expense (84 % vs. ... -- Affordable and accessible childcare (72% vs. 57%), ...
... the Khanna Institute of Lasik and Refractive Surgery is offering a discount ... ... 2009 -- In honor of Chinese New Year, the Khanna Institute of ... population. They will be offering 50% off any Lasik or Refractive procedure ...
... obesity boosts blood vessel function even without weight loss, ... Components of metabolic syndrome that appear in children should ... to improve their diet and exercise routines, a new ... they have at least three risk factors from among ...
... Va.SNM will devote its annual Molecular Imaging Summit to ... 2009, at the Hilton Clearwater Hotel, Clearwater, Fl. In ... the Clinical Trials Network, which was designed to facilitate ... into Phase 1, 2, 3 and 4 therapeutics clinical ...
... last Fall, a team,of teachers, paraprofessionals and administrators ... across the country to learn about,the latest in ... to,successfully implement the Scientific Learning Fast ForWord(R) and ... by Scientific,Learning Corp., the 2008 National Circle of ...
... announced today that the National Children,s Study will begin recruiting volunteers to ... interact to affect children,s health. At a briefing, NIH officials announced that ... County, North Carolina, and Queens, New York. , ... ...
Cached Medicine News:Health News:YWCA Survey Shows Greater Economic Concerns Among Black Women Than White Women 2Health News:The Khanna Institute of Lasik Surgery Offers Better Vision for the Chinese New Year 2Health News:Diet, Exercise Cuts Kids' Risk for Metabolic Syndrome 2Health News:Annual SNM MI summit introduces the clinical trials network 2Health News:Davenport Community Schools Participates in Conference to Learn About the Latest Information in Brain Research and Reading 2Health News:Davenport Community Schools Participates in Conference to Learn About the Latest Information in Brain Research and Reading 3Health News:National Children's Study Begins Recruiting Volunteers 2Health News:National Children's Study Begins Recruiting Volunteers 3Health News:National Children's Study Begins Recruiting Volunteers 4Health News:National Children's Study Begins Recruiting Volunteers 5
(Date:11/26/2014)... and NEW YORK and ... As the leading distributor of market intelligence, MarketResearch.com is ... report by IQ4I Research and Consultancy focusing on the ... more about IQ4I Research visit: http://www.marketresearch.com/land/publisher.asp?vendorid=4023&progid=86891 . ... Pharmaceutical Ingredients Global Market – Forecast to 2020 ...
(Date:11/26/2014)... , Nov. 25, 2014  Medtronic,s ... has been widely discussed in the media ... also creating a stronger leading player in one ... Kalorama Information.  The healthcare market research firm said ... will feature a diverse set of solutions spanning ...
(Date:11/26/2014)... Nov. 25, 2014  Breckenridge Pharmaceutical, Inc. announced ... ANDA agreement with Pii (Pharmaceutics International, Inc.) ( ... Breckenridge and Pii expect to develop and commercialize ... agreement, Pii will develop, manufacture and supply the ... products under its own label.  The drugs, comprised ...
Breaking Medicine Technology:MarketResearch.com: Active Pharmaceutical Ingredient Market to Reach $175 Billion by 2020 Says IQ4I Report 2MarketResearch.com: Active Pharmaceutical Ingredient Market to Reach $175 Billion by 2020 Says IQ4I Report 3Medtronic - Covidien: Beyond Taxes, Deal Will Create Patient Monitoring Power, according to Kalorama Information 2Medtronic - Covidien: Beyond Taxes, Deal Will Create Patient Monitoring Power, according to Kalorama Information 3Breckenridge Pharmaceutical signs Multi-Product Generic Agreement with Pharmaceutics International, Inc. 2
Compact instrument that quickly dries racks of slides using warm air....
Liquichek Blood Gas Plus EGL Control is an aqueous product used to monitor the measurement of pH, pCO2, pO2, electrolytes, glucose and lactate (lactic acid)....
Liquichek Cardiac Markers Control is a multi-analyte liquid control for monitoring cardiac assessment tests. Assayed values are available for major instruments....
Meter Trax Control is a whole blood quality control that can be used for glucose, hemoglobin and hematocrit testing on point of care instruments....
Medicine Products: