Diagnostic Lab Industry Aims to Improve Medicare Reimbursement With Addition of Hospital Labs
Now that the diagnostic industry has begun to see the full and more-dramatic-than-expected impact of reductions in the Medicare clinical lab fee schedule that were rolled out in 2018, the industry is fighting back more strenuously. Most recently, the industry has prompted introduction of a bipartisan bill, the Laboratory Access for Beneficiaries Act, in the House. While this doesn’t shift our fair value estimates for narrow-moat LabCorp or Quest Diagnostics, it should rachet up pressure on the h...Sonic Healthcare is involved in the provision of medical diagnostic services and the provision of administrative services and facilities to medical practitioners. Co. provides specialized pathology/clinical laboratory and diagnostic imaging services to clinicians, hospitals, community health services, and their patients. Co.'s segments are comprised of: Laboratory, which provides Pathology/clinical laboratory services in Australia, New Zealand, the U.K., the U.S., Germany, Switzerland, Belgium and Ireland; Imaging, which provides diagnostic imaging services in Australia; and Other, which Includes medical center operations and occupational health services.
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Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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