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Coronavirus antibody test at approximately $42


Coronavirus antibody test at approximately $42

Date Posted: Wednesday, May 20, 2020

 

CMS set the reimbursement rate for Medicare Administrative Contractors covering the main type of coronavirus antibody test at approximately $42, per an update Tuesday.

That rate exceeds investment firm William Blair's $25 estimate for the category of tests, boding well for future reimbursement policy for antigen testing, analysts noted. Last month, the agency doubled its reimbursement for high-throughput molecular diagnostics, which the analysts said has "allowed all parties to run testing at profitable levels.?"

The American Clinical Laboratory Association praised CMS' latest action, saying in a statement it will encourage "a broad cross section of laboratories to rapidly scale up capacity" to perform serological testing.


Source: CMS

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