Join Lâle White, XIFIN's Executive Chairman & CEO for this can't-miss webinar by Dark Daily. On January 1, 2018, the Medicare program starts to pay less—much less—to your medical laboratory for your highest-volume, most-automated lab tests than what you are paid today. Experts say these price cuts to the Medicare Part B Clinical Laboratory Fee Schedule (CLFS) will be the single most disruptive financial event to our industry in three decades.
Only 157 days remain before your lab will begin to see the financial impact from these deep Medicare fee cuts. To help you and your lab management team respond in a timely way to this threat, Dark Daily is presenting an all-new webinar entitled, “Deep Medicare Fee Cuts Are Coming to your Clinical Laboratory in 157 Days: What You Must Do Now, Why Congress Might Intervene, and Action Steps to Protect Your Lab’s Financial Integrity.” This webinar, taking place on Thursday, July 20 at 1 PM EDT, will provide you with an insider’s perspective on the essential market intelligence and knowledge you need to respond to the loss of important revenue that your lab will experience as of January 1.
No less than a “must attend” session for all hospital and health system laboratory administrators who have significant clinical laboratory outreach programs, the webinar is also essential knowledge for executives at independent lab companies where Medicare payments are a major source of revenue and thus the need to maintain the financial solvency of their lab organizations is paramount.
This webinar will teach you how to:
Understand precisely what the language of the CMS PAMA final rule allows the federal agency to do to cut Part B clinical lab test feesIdentify useful steps your lab can take now to offset the negative revenue impact from the Part B lab fee cuts that happen on January 1Assess how XIFIN’s private payer weighed average prices for the top 20 lab tests compare to your lab’s current Medicare payments for those testsPrepare for the specific risks your lab faces if Medicare auditors show up to review the private payer price data that you submittedGrasp what elements of the PAMA final rule are harmful to the clinical lab industry and how your lab should respond to these threatsDiscover the specific elements of the CMS final rule that critics say may violate the PAMA statute as passed by CongressBegin the action steps your lab team can take now to financially prepare your lab to absorb the coming loss in Medicare revenueReview how the Clinical Laboratory Coalition is educating members of Congress about the harmful consequences of the CMS final rule
Learn the latest developments in meetings between CMS officials and clinical lab leaders to seek delay and reforms to the final reporting rule
XIFIN has compiled an extensive set of information and resources to help you and your organization stay informed on all things PAMA.