COMPLIANCE CORNER: Physician Fee Schedule Updates
By JENNI COLAGIOVANNI & DANIEL AYASH
On November 1, 2022, the Centers for Medicare & Medicaid Services published its Final Rule implementing changes to the Medicare Physician Fee Schedule for CY 2023. Included within this Final Rule are important changes for clinical laboratories that will take effect on Jan. 1, 2023.
There are two notable changes affecting clinical labs included in the Final Rule. First, CMS is implementing congressionally mandated changes to reporting obligations under the Protecting Access to Medicare Act, which updates reporting timelines and limits the phase-in of laboratory test payment reductions. Second, CMS is issuing regulations to both codify and modify policies on billing Medicare for specimen collection [Read More]