Medical facilities will get a payment boost on Sept. 1 for caring for Medicare recipients diagnosed with COVID-19, CMS announced Aug. 17..
Four things to know:.
1. Healthcare facilities will get a 20 percent Medicare pay bump for patients diagnosed with COVID-19. A positive COVID-19 lab test should be recorded in the clients medical record for the health center to receive the greater payment.
2. To receive the payment boost, the COVID-19 test must be taken within 14 days of the healthcare facility admission. Just the results of viral testing that follow CDC standards can be used..
3. Tests carried out by an entity besides the medical facility, such as by a regional government-run screening center, can be manually entered into the patients medical record..
4. CMS might carry out post-payment medical evaluation to confirm a positive COVID-19 laboratory test. If there isnt a favorable test in the patients medical record, CMS will recoup the 20 percent payment boost..
Hospitals will get a 20 percent Medicare pay bump for clients detected with COVID-19. A positive COVID-19 laboratory test should be documented in the clients medical record for the medical facility to get the greater payment.
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To receive the payment boost, the COVID-19 test must be taken within 14 days of the healthcare facility admission.