And it continues.....

Medicare is now paying higher reimbursement rates for hospitals, physicians, pharmacies and others to administer the COVID-19 vaccine.

Starting immediately, the Centers for Medicare and Medicaid Services is increasing the Medicare payment amount to $40 to administer each dose of a COVID-19 vaccine. This represents an increase from approximately $28 to $40 to administer a single dose, and an increase from approximately $45 to $80 for the administration of vaccines requiring two doses.

The exact payment rate for administration of each dose of a COVID-19 vaccine will depend on the type of entity that furnishes the service and will be geographically adjusted based on where the service is furnished, CMS said

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