Getting Final Guidance on Medicare’s Market-Based Lab Payment System What’s Required in Submitting Data to CMS

Getting Final Guidance on Medicare’s Market-Based Lab Payment System What’s Required in Submitting Data to CMS

Due to delays in releasing proposed and final rules, CMS has held up the start of a new Medicare market- based laboratory payment system until January 1, 2018. More immediately, affected labs must have information systems to collect private payor data as well as to establish internal compliance processes to review and verify the data. Now that the agency has finally issued clarifying guidance on data reporting requirements, the pressure is on labs to finalize a process to correctly format, validate and submit data to the government starting January 1, 2017.

It’s essential for labs to have an accurate understanding of which entities must turn over date to CMS and expert advice on how to report applicable information, particularly how to properly utilize the new CMS data reporting template to avoid costly mistakes. Labs also need to pay close attention to the HCPCS codes of tests now paid on the CLFS for which applicable information must be reported. Finally, affected entities must have a process in place for reporting executives to certify the accuracy and completeness of the submitted data to the government.

This fact-filled webinar is an absolute must for all applicable clinical laboratories and pathology groups that are required to turn over data to CMS

  • Learn final details about which labs have to report data to CMS and the format they must use to report applicable information
  • Get practical advice and tips on how to navigate the new CMS data reporting template
  • Explain what labs must know about both the constraints and requirements when using the CMS template
  • Gain important insights relating to the HCPCS codes for tests for which applicable information must be reported
  • Assess what is known about the process for reporting entities’ executives to certify the accuracy and completeness of submitted data

Featured XIFIN Speaker

Lâle White
Executive Chairman and CEO
XIFIN, Inc.

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.

Details

Laboratory Economics
EVENT TYPE:
Webinar
WHEN:
Oct 6, 2016
EVENT WEBSITE:
www.laboratoryeconomics.com
XIFIN SPEAKER(S):

Lâle White, Executive Chairman and CEO, XIFIN, Inc.

SPEAKER(S):

David Moore, Chief Information Officer, Sonora-Quest Laboratories

MODERATOR:

Dennis Weissman, President, Dennis Weissman & Associates LLC


VIEW RECORDING

This webinar is hosted by Laboratory Economics. For additional webinar details and pricing, click the button below.

View Now