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Medicare Part B spent $1.5B on COVID-19 tests in 2020, other testing decreased

Medicare Part B spending on lab tests slightly increased to $8 billion in 2020, fueled by $1.5 billion in new reimbursements for COVID-19 diagnostics. But the report (PDF), released Dec. 30 from the Department of Health and Human Services’ Office of Inspector General (OIG), found Medicare Part B lab spending on other types of tests declined in…

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