Medicare Part B Spending on Laboratory Tests Totaled $9.3B in 2021
- Medicare Part B spending on laboratory tests increased by 17 percent between 2020 and 2021, resulting from high volumes of COVID-19 tests, genetic tests, and chemistry tests, a report from the Office of Inspector General (OIG) found. The Protecting Access to Medicare Act of 2014 (PAMA) aligned Medicare payment rates for lab tests with private payer...
