TRUTH BELOW. COPY AND PASTED FROM ANOTHER THREAD
Every lab that bill tox, PGX & genetics is under investigation. They just don't know it yet. The feds and private insurers will get them either by repayments through audits or by sicking the Justice Department on them through the OIG. This is a witch hunt like no other, just so the feds and private insurers can divide the country up between Quest and Labcorp. If you don't believe this, how come the FTC is allowing Quest and Labcorp to buy up all these hospital labs and create monopolies through out the country. How come almost every states Medicaid HMO plans are going to either Labcorp or Quest. Why did ACLA agree to PAMA? Because Quest and Labcorp know they can withstand cuts that their competitors can't. The big 2 know that most labs will be bankrupt by 2022, just in time for single payer. When single payer comes Labcorp and Quest will compete in every market exclusively as Hospital Outreach labs will be outlawed and any other labs left standing won't be allowed to bill the single payer. This is coming.