The FAQs include general payment and billing guidance on lab testing, hospital services and inpatient prospective payment system payments, including questions on different setting types.
For instance, one FAQ asks: If a COVID-19 diagnostic laboratory test is performed prior to a procedure in a hospital outpatient department, ambulatory surgical center or office, is it included as part of the procedure?
Learn on-demand, earn credit, find products and solutions. Get Started >>
The answer is that, currently, under the hospital outpatient prospective payment system, all available COVID-19 clinical diagnostic laboratory tests are paid separately. If a COVID-19 clinical diagnostic laboratory test is performed prior to a procedure and billed separately, it is not bundled into the payment for the procedure.
However, with regard to the hospital setting, if the hospital is billing for specimen collection for the COVID-19 clinical diagnostic laboratory test along with another hospital service, the payment for the specimen collection would be packaged into that of the procedure.
The infographic has facts about expected Medicare payment to providers and information about how Medicare beneficiaries can receive COVID-19 treatments with no cost-sharing during the public health emergency.
WHY THIS MATTERS
The information is provided by CMS to clear up any questions so that hospitals and physicians can correctly bill Medicare for administering these infusions.
THE LARGER TREND
On November 10, CMS said it would cover monoclonal antibody therapies at no cost. This includes a broad range of providers and suppliers, including freestanding and hospital-based infusion centers, home health agencies, nursing homes, and entities that contract with nursing homes, to administer this treatment in accordance with the Food and Drug Administration's Emergency Use Authorization.