This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Capitol Hill Briefing On Value Of Clinical Laboratory Testing





 "From Protecting Public Health and Fighting Disease to Saving Health Care Dollars" -- Briefing Explores Policy Issues Surrounding Lab Testing

To Take Place Noon, Feb  11, 2013 at Capitol Hill Visitors Center

Media must RSVP by Noon ET, Feb 8, 2013 for Admittance

WASHINGTON, Feb. 4, 2013 /PRNewswire-USNewswire/ -- The foundation for 70% of physician decision-making, clinical laboratory tests are one of the most critical elements in preventing chronic illness, curtailing epidemics, and improving cancer care.

At the same time, clinical lab tests are making the U.S. health care delivery system more cost-effective.

On February 11, Kenneth Sisco, MD, Ph.D., medical director of Quest Diagnostics, will explore this topic at a Capitol Hill briefing for Congressional staff, members of the House and Senate, health care and patient organizations, and the news media in the visitors center of the U.S. Capitol building. The briefing is sponsored by "Results for Life," the educational arm of the American Clinical Laboratory Association (ACLA).

At the briefing, "Clinical Laboratory Testing:  Providing Critical Evidence for Diagnosis and Treatment," Dr. Sisco will explain what clinical laboratory tests are and why they are so crucial to improving patient health and utilization of health care resources.

Alan Mertz, ACLA President, will discuss health policy issues before Congress and federal agencies that could affect innovation and the availability of clinical laboratory testing.

Here are some examples that are expected to be discussed at the briefing:

  • Clinical lab tests are essential to curtailing chronic disease, which accounts for 75% of all health care costs in the U.S. For example, the hemoglobin A1c test can diagnose diabetes in early stages when people can take steps to prevent or delay full-blown diabetes. The test costs about $13.50 – as opposed to $27,000 for an amputation or the $28,000 for a heart attack that can result from complications of diabetes.
  • Clinical lab testing and HIV drugs have dramatically reduced HIV deaths by enabling physicians to decide the best drug treatment and dosage for the individual.
  • Genetic tests that target treatment to the genetic fingerprint of the individual are opening up new vistas in cancer care. For 40% of patients with metastatic colorectal cancer, standard cancer drugs will not work because patients have a genetic mutation called KRAS. A genetic test can identify this mutation, allowing physicians to avoid the drugs that will not help such patients and that have serious and painful side effects. Patients can get started on a more effective therapy sooner. The projected savings by avoiding the use of this drug in patients who wouldn't benefit from it range from $100 million to $600 million per year, according to two studies.

The briefing will begin at noon ET in the U.S. Capitol Visitors Center, Congressional Meeting Room North, East Capitol Street NE & First Street.

RSVP's are essential. Members of the media should contact: sgeibel@acla.com, or (202) 637-9466 by noon on Fri., Feb. 8 .

The American Clinical Laboratory Association is a non-profit group representing the nation's clinical  laboratories. Results for Life, the group's educational campaign, focuses on the value of laboratory medicine. See www.labresultsforlife.org

Contact: Ron Geigle, 202-461-2246 or Helen Pettay, 910-795-1202

SOURCE American Clinical Laboratory Association

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs