|New Lab Reimbursement Schedule Upon Us
The industry is abuzz about the laboratory reimbursement changes underway. A new era is upon us. Uncertainties lie ahead as regulators begin implementing the new law over the next three years.
Market-based pricing is a new paradigm for the industry, and much uncertainty and questions persist. Choosing the best path to follow for laboratories will require use of innovations and insightful analysis, as the market changes and convergence of other trends occur.
Offsetting the change is the innovative LDTD for ultra-fast analysis of drugs of abuse in multiple matrices, and Consulting services which can allow laboratories ways to combat their rivals, big and small, nationwide.
And while millions of samples have already been run to date using LDTD, the new 2015 CPT Coding Book includes a CPT code billing designation for LDTD: 801XXX7 .*
The AMA will publish a complete set of new drug testing codes which will appear in the 2015 CPT Code Book, and be effective January 1, 2015.
While numerous laboratories already use LDTD and are reimbursed, others evaluating it will welcome this news.
To aid in this important development, Overbrook is pleased to announce:
|The Overbrook Healthcare Reimbursement Consulting Service
The Healthcare Reimbursement Consulting Service at Overbrook features
Toxicology and clinical labs alike will appreciate this consulting service. Recognized expert in health care reimbursement (private insurance, Medicare, commercial insurance and coding), with 30 years experience available to advise on the changes underfoot.
Laboratory Planning & Design Consulting Services
Another service offered by Overbrook concerns the planning, design, engineering, construction and operation of laboratory facilities. Services implemented to improve performance, efficiently use resources, ensure personnel safety within federal CLIA regulations and clinical laboratory compliance requirements.
▪ Note: Codes that contain an “X” are placeholder codes and permanent code numbers, parenthetical notes, rationales and clinical examples as to how to use the new codes will not be known until the AMA publishes its 2015 code book.