Bina's advice was great.
There are published reports saying that the CoaguChek XS (and S) both tend to be slightly over actual at higher values (3.5 or so and higher). If a CoaguChek XS was the meter I always use (and I don't have one yet), I'd be more concerned with consistent readings or readings that are suddenly out of range. It's important that your values are fairly consistent, and is good if you trust your meter.
I would certainly be concerned with a blood draw that may have been mishandled -- put into a glass tube, and maybe not centrifuged (if it requires this), put into the WRONG type of glass tube (the tubes used for Prothrombin testing have a special colored top), whether the blood was drawn into a plastic or a glass tube when it was taken (blood begins to coagulate if drawn into untreated glass), whether or not the blood was refrigerated when it was stored, and when it was being taken to the lab, what reagent they used at the lab, etc.
Your XS may be more reliable than the lab.
If you're concerned about the accuracy of your meter, it wouldn't hurt to run an INR of someone you know who doesn't take anticoagulants - if the value is around 1.0, this is a suggestion that the meter is accurate.
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From my own personal experience, I have a few anecdotal things to report:
When a ProTime meter was my only meter (and one that was fairly consistent, test to test, and that I trusted), in December I had a reading of 2.9. The next day, I got hit in the head by a dishwasher (don't ask), and got a concussion. The blood test at the hospital emergency room reported a 2.92. This blood was tested within minutes of the blood draw, was probably handled properly and quickly, and confirmed the test I took the day before.
I now have a ProTime 3 (which I also trust), and a CoaguChek S. I got the CoaguChek S, brand new, because I was curious about why people on this forum prefer the CoaguChek and InRatio machines to the ProTime (and because I was able to get this meter for $40, delivered and was able to get some strips fairly affordably). When I ran tests on both the ProTime 3 and the CoaguChek S within minutes of each other, both meters reported the same result.
Your CoaguChek XS has quality controls built into the strips. It will prevent you from using strips that don't match the chip you put into the meter when you got the strips, and will do internal tests on the strips, to make sure the test you're taking is okay. Personally, I wouldn't be uncomfortable with a difference from the lab values - especially considering the high potential for mishandling of the blood sent to the lab. I would probably test an uncoagulated friend or spouse and be a lot more comfortable with the meter if the result is around 1.0 (my wife's INR with the ProTime was 0.9).
If you can find someone with another meter, or a doctor with a meter who could do just one test or who is curious enough about HIS or HER meter to want to confirm against your meter, or an anticoagulation clinic that uses a meter, doing some near simultaneous testing would help raise your confidence in the meter.
I'd just keep using the XS, recording the values every time you test, and watching for major changes from previous tests.