Make Sure Your Laboratory Is Ready for the Next PAMA Reporting Period
PAMA has already made a significant impact for hospital and independent labs and it will continue to do so. That said, it is also a catalyst for ensuring strong practices that contribute to a thriving, well-run business.
CMS revised the “Applicable Lab” definition and expects many more diagnostic providers, in particular, hospital outreach labs, to now be required to report.
This white paper expands on three critical areas that laboratories need to focus on in order to be ready for this reporting period:
Ensure accuracy in data collection and reportingReview, and renegotiate as warranted contracts with private payors
Establish fiscal leadership and strong reimbursement due diligence