Latest Current Procedural Terminology Stories
BELLEVUE, Wash., Dec. 5, 2012 /PRNewswire/ -- 1stHealthSystems, provider of data-driven technology and analytics for hospital outpatient services coding, today announced the launch of StealthIV, a new product that automates coding for IV services. Patents for StealthIV are pending. The process of manually coding for IV services can be very involved, especially in navigating through the Current Procedural Terminology's (CPT®) complex rules. 1stHealthSystems developed StealthIV to...
RARITAN, N.J., Aug. 9, 2012 /PRNewswire/ -- Veridex, LLC today announced that the Centers for Medicare and Medicaid Services (CMS) will determine payment rates for two new Current Procedural Technology (CPT) codes for circulating tumor cell (CTC) testing. CPT codes are assigned by the American Medical Association (AMA) to medical, surgical, and diagnostic services to communicate uniform information about medical services and procedures among physicians, patients, payers and others...
SARATOGA, Calif., July 2, 2012 /PRNewswire/ -- VisionCare Ophthalmic Technologies, Inc., developer of the first FDA-approved ophthalmic telescope implant indicated to improve vision in patients with end-stage age-related macular degeneration (AMD), announced today the American Medical Association (AMA) has released and made effective a new Current Procedural Terminology (CPT®) code* for the procedure used to implant VisionCare's Implantable Miniature Telescope (by Dr. Isaac...
TUCSON, Ariz., June 4, 2012 /PRNewswire-USNewswire/ -- A substantial part of physicians' office overhead is related to providing codes for insurance claims. And a major part of the revenue of the American Medical Association (AMA) is derived from its exclusive copyright on the Current Procedural Terminology (CPT) codes required on Medicare claims. "CPT codes do not aid in the diagnosis or treatment of any patient," writes Dr. Lawrence Huntoon in the summer 2012 issue of the Journal...
AUSTIN, Texas, March 6, 2012 /PRNewswire/ -- Vermillion, Inc. (NASDAQ: VRML), a leading molecular diagnostics company, reported that the American Medical Association (AMA) Current Procedural Terminology (CPT®) Panel has voted to approve an application for a Category 1 CPT code for its OVA1® test, which is designed to help differentiate benign versus malignant ovarian masses. The AMA recently disclosed the new code on its website, which will become effective January 1, 2013. "This...
NATICK, Mass., Jan. 4, 2012 /PRNewswire/ -- Boston Scientific Corporation (NYSE: BSX) announced that the Centers for Medicare and Medicaid Services (CMS), the agency that administers the Medicare program, has acknowledged the substantial clinical improvement associated with the use of the Alair(® )Bronchial Thermoplasty System to perform bronchial thermoplasty for the management of severe asthma. As a result, effective January 1, 2012, the Alair catheter is eligible for...
MALVERN, Pa., Nov. 2, 2011 /PRNewswire/ -- Auxilium Pharmaceuticals, Inc. (NASDAQ: AUXL), a specialty biopharmaceutical company, today announced that the Center for Medicare and Medicaid Services (CMS) released the payment rates for the 2012 Current Procedural Terminology (CPT®) codes last night that will be used with XIAFLEX® for the treatment of adult Dupuytren's contracture patients with a palpable cord beginning January 1, 2012. The two new Category I CPT codes, issued by the...
CHICAGO, June 21, 2011 /PRNewswire-USNewswire/ -- The American Medical Association (AMA) announced today that Susan R. Bailey, M.D., an allergist, immunologist and pediatrician from Fort Worth, Texas, was elected as the new vice speaker of the AMA House of Delegates. In this position, Dr. Bailey will assist in presiding over the policy-making body of the nation's largest and most influential physician organization. (Logo: http://photos.prnewswire.com/prnh/20081209/AMALOGO) "I am grateful...
CHICAGO, June 20, 2011 /PRNewswire-USNewswire/ -- The American Medical Association (AMA) voted today at its annual meeting to continue its policy supporting individual responsibility for health insurance with assistance for those who cannot afford it. (Logo: http://photos.prnewswire.com/prnh/20081209/AMALOGO) "The AMA has strong policy in support of covering the uninsured, and we have renewed our commitment to achieving this through individual responsibility for health insurance with...
Study provides snapshot of the economic impact of office-based physicians at state and national level CHICAGO, March 23, 2011 /PRNewswire-USNewswire/ -- A new report released by the American Medical Association (AMA) shows that office-based physicians play a vital role in national and state economies by supporting jobs, purchasing goods and services and generating tax revenue. In 2009, office-based physicians contributed $1.4 trillion in economic activity and supported 4 million jobs...
