CMS lab demo bids due Feb. 15
This article was originally published in The Gray Sheet
Executive Summary
Medicare agency announces Feb. 15 due date for bids of participants in its clinical laboratory competitive bidding demonstration project, noting that winning labs will be selected on April 11. The project is designed to assess the cost-saving potential of replacing Medicare's clinical laboratory fee schedule with prices based on the lowest bids from labs, a concept that clinical lab groups oppose ("1The Gray Sheet" Aug. 13, 2007, p. 8). In December, CMS held a bidders' conference in San Diego, which is the first of two areas in the country that will participate in the three-year clinical laboratory competitive bidding demonstration ("2The Gray Sheet" Oct. 22, 2007, In Brief)