InvestorsHub Logo
Post# of 19
Followers 1
Posts 22
Boards Moderated 1
Alias Born 02/17/2006

Re: None

Friday, 11/08/2013 1:04:31 PM

Friday, November 08, 2013 1:04:31 PM

Post# of 19
Game Changer?

Today could end up being the most important day in the company's history. In October, it appears that the a group of physicians appeared before the CPT Editorial Panel requesting a code change from Category III to Category I. A Summary of Panel's Actions for the October meeting should be posted today on the AMA website.

If successful, the Category I code would become effective January 1, 2015. The next step in the process would be for the new code to go on to the RUC which ultimately determines Medicare reimbursement associated with the new code.

If unsuccessful, the company would most likely re-apply for the code change within the next year.

A Category I code is a game changer for bioimpedance spectroscopy.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.