Why are billing codes important to confirm for new medical technologies?
It is important for manufacturers to confirm the coding strategy for their products to ensure that appropriate codes are available to customers for accurate billing for use of medical technologies and associated procedures after market launch. This will allow Medicare and other health insurance programs to process claims for treatments and services in an orderly and consistent manner and to reimburse accounts and patients appropriately. It may take 1-3 years of effort to obtain a new billing code. What we can do for you Our reimbursement team includes certified coders and reimbursement specialists who have several years of experience in: • Developing coding strategies for breakthrough medical technologies including drugs, devices, biologics, diagnostics, surgical supplies, and procedures. We can identify whether there is an appropriate existing code representing the relevant medical technology and procedures. Based on our research, we also can develop recommendations on whether there i