The CPT code is the fifth created for providers to document and bill for the administration of COVID-19 vaccines, AMA announced. The American Medical Association (AMA) has created unique Current Procedural Terminology (CPT) codes for the Novavax COVID-19 vaccine and its administration. The vaccine from Novavax Inc. has yet to receive authorization for use […]
The COVID-19 monoclonal antibodies are being paid under the vaccine benefit. Q: What revenue code should be attached to HCPCS codes M0239 (intravenous infusion, bamlanivimab-xxxx, includes infusion and post administration monitoring) and M0243 (intravenous infusion, casirivimab and imdevimab includes infusion and post administration monitoring)? We set it up as revenue code 260 but are […]
Physicians are asking for adequate reimbursement for all COVID-19 vaccines and their administration, according to a new policy statement from the American College of Physicians (ACP). The statement released on Jan. 12 calls on health policymakers to require insurers to “provide adequate reimbursement for all vaccines, including COVID-19 vaccines, administered according to” scientific guidelines established by the […]
Our healthcare system has seen an unprecedented rise in the use of telemedicine since the onset of COVID-19. Doctors are now doing between 50 to 175 times telehealth appointments than they did prior to the pandemic, according to a recent study by McKinsey. Considering how reliant we’ve become on virtual visits as a clinical tool, […]
New procedure codes do not impact the MS-DRG assignment. The Centers for Medicare and Medicaid Services (CMS) released 21 new ICD-10-PCS codes that apply to the vaccination or treatment of COVID-19. These codes are effective January 1, 2021. The procedure codes introduce six specific medications that can be used for treatment of COVID-19. The drugs […]
A new survey found that 90% of health system leaders do not feel state or federal governments have fully prepared them for receiving and managing a COVID-19 vaccine. With an emergency use authorization just around the corner for a COVID-19 vaccine, health systems are preparing to receive and manage the drug to stop the spread […]