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Webinar: The Bottom Line for Lab Reimbursement in 2019 – When All Is Said & Done With PAMA
Find out how CMS’s decision requiring hospital outreach programs to report lab payment data starting next year will impact the second round of Medicare rate-setting under PAMA.
Following a year when Medicare slashed lab payments by a projected $670 million which resulted in payment cuts of 10% for may lab tests as required by the Protecting Access to Medicare Act (PAMA), industry executives are preparing for a second round of cuts beginning in January.
Significantly, CMS announced as part of its CY 2019 Physician Fee Schedule final rule that virtually all hospitals outreach labs that meet the volume thresholds will be required to report private-payer payment data under PAMA (January 1 to June 30, 2019.) Moreover, CMS is permitted to impose civil monetary penalties against labs required to report data, but fail to do so.
Meantime, the American Clinical Laboratory Association has stated it intends to appeal a federal judge’s dismissal of its lawsuit over Medicare’s new market-based pricing system. Finally, the court ruling has accelerated industry lobbying efforts on Capitol Hill to amend PAMA.
Here’s just a sample of critical questions we’ll answer as part of this “must-attend” 75-minute interactive session:
Featured XiFin Speaker
Lâle White
Executive Chairman & CEO
XiFin, Inc.
Additional Speakers
Hope Foster
Member & Chair
Health Care Enforcement Defense, Mintz Levin
Julie Khani
President
American Clinical Laboratory Association
Dennis Weissman
President
Dennis Weissman Associates, LLC
Laboratory Economics is the brainchild of Jondavid Klipp, a nationally recognized expert on the business of laboratory medicine. His research has appeared in numerous business and trade publications including the Wall Street Journal, New York Times and Medical Laboratory Observer.