NMS Labs Stands Up to Skyrocketing Healthcare Costs, Suspending Annual Across-the-Board Price Increase in 2010 for Esoteric Lab Tests

WILLOW GROVE, Pa.--(BUSINESS WIRE)--NMS Labs announced today that it would not issue an across the board price increase for over 2000 of its esoteric lab tests in 2010. As other costs within the healthcare space continue to go up, this action to protect pricing will help customers continue to obtain important valuable medical insights from the innovative, unique and hard-to-find testing that NMS Labs provides.

“Except for a selection of very rare tests that are more costly to perform, we are able to avert an across-the-board price increase scheduled for March 1, 2010 by passing along efficiencies attained through intense company-wide LEAN initiatives.”

Dr. Eric Rieders, President and CEO of NMS Labs affirms the company’s commitment to innovation, quality and maintaining NMS Labs as a good corporate citizen. He goes on to say, “Except for a selection of very rare tests that are more costly to perform, we are able to avert an across-the-board price increase scheduled for March 1, 2010 by passing along efficiencies attained through intense company-wide LEAN initiatives.”

Each day, reference laboratories, hospitals and medical research clients choose from over 2500 testing services available including those used in research & treatment of neurological health conditions such as epilepsy, Alzheimer’s, chronic pain & depression.

About NMS Labs:

NMS Labs is a national reference laboratory that is unsurpassed in its scope of tests, accuracy of results, scientific expertise, and innovation. NMS Labs is passionate about promoting public health and safety. For more information on NMS Labs, please visit www.nmslabs.com.