Laboratory Question for the Week of April 10, 2023

Question:

What does CMS state about the CLFS data reporting period?

Answer:

CMS states: “Specifically, we finalized revisions to Subsection (§) 414.502 to update the definitions of both the ‘data collection period’ and ‘data reporting period,’ specifying that for the data reporting period of January 1, 2023 through March 31, 2023, the data collection period is January 1, 2019 through June 30, 2019. We also finalized revisions to § 414.504(a)(1) to indicate that initially, data reporting begins January 1, 2017 and is required every three years beginning January 2023. In addition, we finalized conforming changes to our requirements for the phase-in of payment reductions to reflect the amendments in section 4(b) of this law. Specifically, we finalized revisions to § 414.507(d) to indicate that for CY 2022, payment may not be reduced by more than 0% as compared to the amount established for CY 2021, and for CYs 2023 through 2025, payment may not be reduced by more than 15% as compared to the amount established for the preceding year.”