Medicare To Cut Lab Pay For Delays In COVID-19 Test Results

By Ariel Cohen / October 16, 2020 at 3:45 PM
Medicare next year will cut pay for labs that take more than two days to turn around COVID-19 test results, CMS announced Thursday (Oct. 15). Starting Jan. 1, Medicare will pay $100 for results within two days, and labs that take longer will be paid $75. CMS says the policy is meant to encourage labs to quickly process tests so infected people can quickly isolate and seek medical treatment. “As America continues to grapple with the COVID-19 pandemic, prompt testing...

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