Medicare Changes Payments for COVID-19 Lab Results

Beginning January 1, 2021, the Centers for Medicare & Medicaid Services (CMS) will lower its base payment from $100 to $75 for COVID-19 diagnostic tests using certain highly sophisticated equipment called “high throughput technology.”  The change is explained in an amended Administrative Ruling, CMS 2020-1-R2. Labs that complete the test within two calendar days will receive a $25 add-on payment.