Medicare has announced a significant increase in the Specimen Collection Fee for 2023, from $3 to $8.54 and an additional $2 for specimens collected from a Medicare beneficiary in a SNF or by a laboratory on behalf of an HHA. Now is a good time to review and update your charge amounts to maximize reimbursement. Additional information can be found here on the CMS website.
To discuss these topics further, please contact RCM Service at rcmservice@telcor.com or 855-489-1207.