March 12, 2020
CMS has announced that the two new HCPCS codes created for coronavirus testing – U0001 (for tests developed by the CDC) and U0002 (for non-CDC laboratory tests) – will be priced by the local Medicare Administrative Contractors. Prices will be as follows:
These prices will remain until a national Medicare payment rate has been established.
As previously noted, labs can beginning reporting these codes starting in April for dates of service after February 4, 2020.