The Centers for Medicare & Medicaid Services (CMS) Establishes Coding and Payment for Eustachian Tube Balloon Dilation
ENTELLUS MEDICAL (ENTL)
Last entellus medical earnings: 11/1 04:05 pm
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Source: GlobeNewswire
PLYMOUTH, Minn., May 22, 2017 (GLOBE NEWSWIRE) -- Entellus Medical, Inc. (NASDAQ:ENTL), a medical technology company focused on delivering superior patient and physician experiences through products designed for the minimally invasive treatment of chronic and recurrent sinusitis patients, as well as the treatment of patients with Eustachian tube dysfunction, today announced that the CMS has established a unique billing code and payment for endoscopic balloon dilation to treat Eustachian tube dysfunction (ETD). The code, C9745, will become effective July 1, 2017 and will facilitate payment for the outpatient treatment of ETD using balloon dilation in hospitals and ambulatory surgery centers (ASC). “We are pleased by CMS’s decision to establish payment for endoscopic balloon dilation to treat ETD,” said Robert White, President and Chief Executive Officer of Entellus Medical. “The new payment code is associated with a national average payment of $4,130 in the hospital outpatient depar
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