Shares of Laboratory Corporation of America Holdings (NYSE: LH) got a boost Tuesday after taking a hit earlier this week following a proposed cut to next year’s Medicare reimbursement rates.
LabCorp’s shares fell about 3 percent on Monday after the Centers for Medicare and Medicaid Services on Friday released a draft of Medicare reimbursement rates for 2018. By Tuesday afternoon, the company’s shares were gaining 0.54 percent at $151.13
The rates, released on last week under the Protecting…
Shares of Laboratory Corporation of America Holdings (NYSE: LH) got a boost Tuesday after taking a hit earlier this week following a proposed cut to next year’s Medicare reimbursement rates.
LabCorp’s shares fell about 3 percent on Monday after the Centers for Medicare and Medicaid Services on Friday released a draft of Medicare reimbursement rates for 2018. By Tuesday afternoon, the company’s shares were gaining 0.54 percent at $151.13
The rates, released on last week under the Protecting…