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CodeMap® Compliance Briefing: 5/23/08
Medicare pays for laboratory tests and pathologists services using four separate payment systems: the Medicare Laboratory Fee Schedule (LFS); the Medicare Physician Fee Schedule (PFS); and the Hospital Inpatient and Outpatient Prospective Payment Systems (IPPS and OPPS). This Briefing is the first of a three-part series designed to explain how each of these payment systems work and when they are used. As always, please be sure to send us any questions or comments.
Gregory Root, Esq.
Medicare Payment Systems for Lab Tests: The Laboratory Fee Schedule
by: Charles Root, Ph.D.
Initial Development and History of the Laboratory Fee Schedule (LFS)
The LFS became effective July 1, 1984 and applies to all clinical laboratory tests performed in a physician’s office, by an independent labor....
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