Lab test cash 30% discount + more - was:Stages of Mycotoxicosis/Mold Movie

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Lab tests and getting the cost lower methods

First, ask what the discount is for paying cash upon delivery. It's

always at least 30%.

Why? It costs that much for them to collect bills, as between 10-30%

of all bills do

not get paid, the lab is stiffed, and another 50% of the bills take 2

to 3 invoices to get

the money. Again the lab is stiffed.

So, the markup on lab tests for non payment is about 50%.

And the markup for profit is about 100% or even 200 or 300%.

So, a 900 buck test, if paid in cash is only going to be 600.

And they will make at least 300 dollars out of that 600.

Cash can also be a check, not just green bills, at most places.

Be aware that bouncing checks will have a $50 to 80 fee, or

even cost you double or triple. Do not bounce the check.

Ask what the terms of the check are with them. It's very steep.

I have paid in green backs.

So, if you pay cash, that's 30% off, and if you ask for a poor person

discount, you might get another 5 or 10. If you have your last years

tax return, then you might get 20%. That's 50% off.

That's 900 bill becomes 450, and they still profit 150+ bucks.

Why so much? Any month the rate of lack of payment may double

on them. Meaning they go in the red in one month, unable to pay

salaries, so they need a buffer.