Shockwave Medical Says As Part Of 2024 Physician Fee Schedule Final Rule, US Centers For Medicare & Medicaid Services Established Category I Current Procedural Terminology Add On Code For Coronary Intravascular Lithotripsy Procedures Effective Jan 1, 2024
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Shockwave Medical announced that the US Centers for Medicare & Medicaid Services has established a Category I Current Procedural Terminology Add On Code for Coronary Intravascular Lithotripsy Procedures, effective from January 1, 2024.
November 03, 2023 | 12:20 pm
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The establishment of a new procedural code for Shockwave Medical's procedures by the US Centers for Medicare & Medicaid Services could potentially increase the company's revenues and market reach.
The establishment of a new procedural code for Coronary Intravascular Lithotripsy Procedures by the US Centers for Medicare & Medicaid Services is a positive development for Shockwave Medical. This could potentially lead to increased usage of their procedures, thereby increasing their revenues and market reach. However, the impact will only be felt from 2024 when the new code becomes effective.
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