The Centers for Medicare and Medicaid services has always been vigilant in making judgements about various medical centers across the country and recently they have ruled the Theranos Facility in Newark, California is posing an “immediate jeopardy to the safety of patients”. A letter has been sent to the company in this regard assigning them 10 days to improve the lab and ensure “acceptable evidence of correction”
Theranos lab under scrutiny:
- Also Read: Six Retirement Fund Moves Federal Employees Should Consider This Year to Stay Ahead Financially
- Also Read: FEDVIP Isn’t Just Another Acronym—Here’s Why Dental and Vision Coverage Matter More Than Ever
- Also Read: Still Rockin’ CSRS? Here’s Why It’s Not Just a Relic but a Retirement Powerhouse
The lab could even lost its certification if it doesn’t take immediate correctional actions and that would mean that the Theranos lab would not be able to perform any tests. CMS can also decide upon fining the lab up to 10 thousand dollars per day.
Even though there are concerns regarding the lab that do need correction, we still feel that they could have been provided with a little over 10 days to make the required changes. The administration of the lab has ascertained that they realize they have made some mistakes and there are some infrastructural changes that are needed but they require some more time to make all the corrections. They have ensured CMS that their efforts are in full flow and they will try their best to meet the deadline but if they don’t, we certainly hope that they get an extension to right their wrong.