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September 1974 (Volume 52)
Quarterly Article
Richard M. Bailey
Thomas M. Tierney
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The factors that have led to the increased importance of laboratory testing in the provision of health care services have caused radical changes in the clinical laboratory industry. The first in a series studying ths economics of the industry, this article offers an examination of the varied structure of the industry and presents preliminary data on direct and indirect costs and prices. The paper focuses on the service component of the laboratory product, showing how service differences have influenced the structure of the industry and how they affect both the cost and price of laboratory tests.
Author(s): Richard M. Bailey; Thomas M. Tierney,
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Volume 52, Issue 3 (pages 265–289) Published in 1974
