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Labs face turnaround challenges, CMS billing complications
Modern Healthcare: With COVID-19 case numbers rising and CMS set to implement new reimbursement rules at the start of the year, managing test turnaround times will become even more urgent for clinical laboratories.
Last month, CMS announced that as of January 1, 2021, it would pay its highest reimbursement rate, $100 per test, to labs that complete high-throughput testing within two calendar days of specimen collection. For tests taking longer than two days, the reimbursement rate will be $75 per test.
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