financetom
Business
financetom
/
Business
/
Profound Medical Says U.S. Medicare Rules Proposed for TULSA Procedure
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Profound Medical Says U.S. Medicare Rules Proposed for TULSA Procedure
Jul 11, 2024 5:08 AM

07:31 AM EDT, 07/11/2024 (MT Newswires) -- Profound Medical ( PROF ) , a company developing incision-free therapies to ablate diseased tissue, on Thursday said the U.S. Centers for Medicare and Medicaid Services issued its proposed rules establishing a Category 1 CPT (current procedural terminology) code for the Transurethral Ultrasound Ablation (TULSA) procedure, effective January 1, 2025.

CPT codes are used for claims processing and developing guidelines for medical care review.

According to the proposed rule, TULSA will have three physician codes to cover how therapy is delivered depending on whether there are one or two physicians involved in the procedure and where the procedure is performed -- hospital, surgical centre, and private office.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Big drugmakers must face US overcharge claims on medications for low-income patients
Big drugmakers must face US overcharge claims on medications for low-income patients
Mar 17, 2026
* Appeals court revives whistleblower lawsuit * AbbVie ( ABBV ), AstraZeneca ( AZN ), Novartis, Sanofi are the defendants * Adventist Health says Medicare and Medicaid were overcharged By Jonathan Stempel March 17 (Reuters) - A U.S. appeals court on Tuesday revived a whistleblower lawsuit accusing four large drugmakers of defrauding the federal and state governments out of hundreds...
Unicredit should clarify intentions for Commerzbank, German state premier says
Unicredit should clarify intentions for Commerzbank, German state premier says
Mar 17, 2026
BERLIN, March 17 (Reuters) - The premier of the German state of Hesse on Tuesday called on Italy's UniCredit to submit a concrete offer for the German lender Commerzbank and to clarify its objectives. I support the clear expectation for UniCredit to put a concrete offer on the table, Boris Rhein, whose state includes the financial centre Frankfurt where Commerzbank...
Market Chatter: JPMorgan Hires Zhang Yi From Goldman to Co-Lead China Investment Banking
Market Chatter: JPMorgan Hires Zhang Yi From Goldman to Co-Lead China Investment Banking
Mar 17, 2026
02:28 PM EDT, 03/17/2026 (MT Newswires) -- JPMorgan Chase ( JPM ) hired Zhang Yi from Goldman Sachs Group ( GS ) to serve as co-head of its China investment-banking business alongside Michelle Wang, Bloomberg reported Tuesday, citing an internal memo. Zhang will join JPMorgan ( JPM ) in the summer, the report said. JPMorgan ( JPM ) and Goldman...
Mastercard to Buy Stablecoin Firm BVNK in Up To $1.8 Billion Deal
Mastercard to Buy Stablecoin Firm BVNK in Up To $1.8 Billion Deal
Mar 17, 2026
02:17 PM EDT, 03/17/2026 (MT Newswires) -- Mastercard ( MA ) agreed to acquire stablecoin infrastructure provider BVNK for up to $1.8 billion, as the card payment giant seeks to boost its digital asset capabilities. The deal, which includes $300 million in contingent payments, is expected to close before the end of the year, according to a statement issued Tuesday....
Copyright 2023-2026 - www.financetom.com All Rights Reserved