02/08/2026
Medicare lab spending is changing—and fast. 🧬📊
A new OIG report shows Medicare Part B lab test spending reached $8.4B in 2024, with nearly half tied to just 25 tests. The biggest shift?
🔹 Genetic testing now accounts for 43% of total lab spending, up from 18% in 2018
🔹 Medicare Part B genetic test coverage jumped 160% in six years
👉 Read our breakdown of the Top 25 clinical lab tests based on Medicare expenditures: https://bit.ly/4bGk85M.
The 2024 Medicare Part B lab testing report highlights a 5% spending increase to $8.4 billion, driven by a 160% rise in genetic testing since 2018.