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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

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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