Labs - New office-based labs reporting requirement
July 8, 2016
Under a new Centers for Medicare & Medicaid Services (CMS) regulation, some physician office-based labs (POL) will be required to report private-payer payment rates and the associated volumes of tests performed within a POL. Labs will be required to report this information to CMS once every three years starting Jan. 1.
The AMA encourages all POLs to begin to prepare for reporting now because the initial reporting period will require retrospective reporting on data collected during the first six months of 2016. Learn more in the AMA's summary of the reporting requirements.