How to create a Medicare reference fee schedule (part 2)

Medicare provides public reference fee schedules for medical services, laboratory and radiology services, DME, and drugs and injectibles.  Making your own Medicare fee schedule provides a ready reference for your practice payments.

Medicare fee schedule part 2: Clinical laboratory fee schedule

Go to https://www.cms.gov/Medicare/Medicare-Fee-for-Service-Payment/ClinicalLabFeeSched/Clinical-Laboratory-Fee-Schedule-Files.html.
Select a time period. The latest data will have the most recent year and most recent quarter. For example, Q3 (third quarter) is the most recent here of the 2018 files.
Click to download the file (e.g. 18CLABQ3.)
In the zip file, open the Excel file (e.g. CLFS 2018Q3.)
The file can be used as-is for lab reference pricing, or you can combine it with the Medicare Physician Fee Schedule file into a single reference file. Column B is the HCPCS/CPT code, column G is the description of the HCPCS/CPT code, and column F is the payment rate.
To combine it with the PFS file, rearrange the columns so that the HCPCS column is in column A, the description is in column C, and the payment is in column F. To copy/paste an entire column at once, click on the letter column header, Ctrl-C, click on the target column header letter, then Ctrl-V.
Once the columns are reorganized, copy and paste the result at the bottom of the PFS file.

 

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