- CMS released preliminary Clinical Laboratory Fee Schedule rates for 2027-2029 under PAMA on September 21, 2026.
Labcorp (LH) said CMS's preliminary PAMA rates for 2027-2029 would impose steep annual payment cuts. The company reaffirmed its 2026-2029 long-term outlook from its September 10 Investor Day: 5-8% revenue CAGR, 75-150 bps operating margin expansion, 8.5-11.5% adjusted EPS CAGR. Labcorp expects to update 2027 guidance in February 2027.
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