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2017 Laboratory Market Survey: Reimbursement Climate Determines Strategic Priorities

2017 Laboratory Market Survey: Reimbursement Climate Determines Strategic Priorities

Executive Summary

Moderate expansion in laboratory volumes expected next year

56% expect volumes will increase by one to five percent
Projected expansion attributed to marketing efforts and increased in-house capacity A challenging government reimbursement drives labs to place emphasis on cost reduction
55% expect the Protecting Access to Medicare Act of 2014 (PAMA) to have a negative revenue impact on their lab
58% said that cost reduction is their leading strategic priority, and the #1 factor impacting supply budgets
56% say they have reduced their supply budgets over the last year

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