Healthcare Industry News: MolecuLight i:X
News Release - November 4, 2019
AMA Announces Approval for Category lll CPT Code for Real-time Fluorescence Wound ImagingForthcoming Category lll CPT Code Reflects the Published Clinical Evidence and A Determination of Significant Value of Real-Time Fluorescence Imaging Across the Wound Care Treatment Pathway
TORONTO, Nov. 4, 2019 -- (Healthcare Sales & Marketing Network) - MolecuLight Inc., the world's leader in handheld fluorescence imaging for real-time visualization of bacteria for chronic wounds, has been informed by the American Medical Association (AMA) that in its summary of panel actions September 2019 meeting, the CPT® Editorial Panel accepted the addition of new Category III codes 0X30T, 0X31T to report "wound bacterial localization and treatment" effective date July 1, 2020 to enable a reimbursement pathway for point-of-care fluorescence wound imaging. At that time a novel code excluding the "X" will be reported by the AMA when the final datafiles are distributed by the AMA. Point-of-care fluorescence wound imaging is achieved using MolecuLight's handheld fluorescence imaging device, the i:X®.
"In working to heal wounds, in many ways we've been flying with the equivalent of a stick and rudder— and sometimes that means flying blind," says Dr. David Armstrong, Professor of Surgery and Director of the Southwestern Academic Limb Salvage Alliance (SALSA) at the Keck School of Medicine of the University of Southern California. "Advanced technologies such as this one can ultimately serve to make physicians, surgeons and nurses 'instrument-rated' to not only heal people faster, but also to reduce risks for infections, hospitalizations and amputations. The fact that the procedure is being recognized with a new pathway to reimbursement by the AMA is very exciting, as we might now be able to measure what we manage."
Category III CPT Codes are temporary codes for emerging technologies and procedures that allow for specific data collection associated with the work and costs of the procedures. Reimbursement for procedures reported with a Category III code is at the payer's discretion. As these procedures become more commonly adopted and established, MolecuLight will continue to work with the AMA to move these codes from Category III to Category I CPT status.
Certain elements of the procedure's description and details of the code may be subject to change and will be finalized upon formal issuance of the Category lll Code.
*NOTE: CPT is a registered trademark of the American Medical Association.
About MolecuLight Inc.
MolecuLight Inc. (www.moleculight.com) is a privately owned Canadian medical imaging company that has developed and is commercializing its proprietary fluorescent imaging platform technology in multiple clinical and commercial markets. MolecuLight's initial product, the MolecuLight i:X®, and its accessories delivers a real-time handheld fluorescence imaging solution for the global wound care market. The MolecuLight i:X provides clinicians with information about the fluorescent characteristics of wounds to assist clinicians in making improved diagnostic and treatment decisions. The company is also commercializing its unique fluorescence imaging platform technology for other markets with globally relevant, unmet needs including food safety, consumer cosmetics and other key industrial markets.
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