MedPAC Reports to Congress on Issues in Lab Test Price Survey

Yes, CMS’ collection of private payer lab price data fails to collect prices paid to hospital labs, POLs

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IN THE HALLS OF CONGRESS, A GOOD NEWS/BAD NEWS STORY is unfolding around the multi-year cuts to the prices Medicare pays for clinical laboratory tests. First the good news.  In its latest semi-annual report to Congress, the Medicare Payment Advisory Commission (MedPAC) confirms much of what the clinical laboratory industry has been saying about Medicare’s new lab test payment …

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