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Labs Under Pressure
Published:
Tuesday, 28 Jul 2009 | 3:58 PM ET
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By: Bob Pisani
Reporter
Reporter
Laboratory Service Providers under pressure. Companies that provide laboratory services are down late in the day on talk that the the new Senate Finance Committee bill on healthcare will contain a co-pay for labs that will save some $20 billion over 10 years, which may put pressure on profits of those companies.
Laboratory Corp [LH
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()
] down 2.7 percent, Quest Diagnostics [DGX
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()
] down 3.2 percent.
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