Recent Updates
Recently added Catalysts
BSX

Bronchial Thermoplasty Awarded Category I CPT® Procedure Codes The American Medical Association (AMA) Current Procedural Terminology (CPT®1) Editorial Panel has assigned Category I CPT codes specifically for...

Key Takeaway: NATICK, Mass. , Sept. 19, 2012 /PRNewswire/ -- The American Medical Association (AMA) Current Procedural Terminology (CPT ® 1 ) Editorial Panel has assigned Category I CPT codes specifically for bronchial thermoplasty in its recently published CPT 2013 Professional Edition. Begin

Full Press Release Details

NATICK, Mass. , Sept. 19, 2012 /PRNewswire/ -- The American Medical Association (AMA) Current Procedural Terminology (CPT ® 1 ) Editorial Panel has assigned Category I CPT codes specifically for bronchial thermoplasty in its recently published CPT 2013 Professional Edition. Beginning January 1, 2013 , physicians and hospitals will be able to seek reimbursement through two new codes to describe the bronchial thermoplasty procedure. Category I CPT procedure codes are recognized by all public and private health insurance payers in the United States.
According to the AMA, criteria for a procedure to be awarded Category I CPT codes include:
The Alair ® Bronchial Thermoplasty System is an FDA-approved device used in a bronchoscopic procedure performed under moderate sedation. The Alair System delivers thermal energy to the airway wall in a precisely controlled manner to reduce excessive airway smooth muscle. It is designed to decrease the ability of the airway to constrict, thereby reducing asthma attack frequency and severity for patients whose asthma is not well controlled with inhaled corticosteroids and long-acting beta-agonists. Clinical trial results, which have been published in multiple peer-reviewed articles, demonstrate safety out to five years and persistence of clinical benefit out to at least two years.
About Asthma Asthma is one of the most common and costly diseases in the world. The prevalence of asthma has grown in recent decades, and there is no cure. According to the Asthma and Allergy Foundation of America, more than 20 million Americans have asthma. Managing asthma consumes more than $18 billion of healthcare resources each year in the U.S. Uncontrolled asthma results in approximately 10 million unscheduled physician office visits, 2 million emergency rooms visits, 500,000 hospitalizations, and 4,000 deaths annually in the United States. Approximately five percent of Americans suffering from asthma are diagnosed with severe persistent asthma.
About Boston Scientific Boston Scientific is a worldwide developer, manufacturer and marketer of medical devices that are used in a broad range of interventional medical specialties. For more information, please visit: www.bostonscientific.com .
Cautionary Statement Regarding Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements may be identified by words like "anticipate," "expect," "project," "believe," "plan," "estimate," "intend" and similar words. These forward-looking statements are based on our beliefs, assumptions and estimates using information available to us at the time and are not intended to be guarantees of future events or performance. These forward-looking statements include, among other things, statements regarding markets for our products, reimbursement codes and their importance/impact, clinical trials and product performance. If our underlying assumptions turn out to be incorrect, or if certain risks or uncertainties materialize, actual results could vary materially from the expectations and projections expressed or implied by our forward-looking statements. These factors, in some cases, have affected and in the future (together with other factors) could affect our ability to implement our business strategy and may cause actual results to differ materially from those contemplated by the statements expressed in this press release. As a result, readers are cautioned not to place undue reliance on any of our forward-looking statements.
CONTACT: Steven Campanini
508-652-5740 (office)
Media Relations
Boston Scientific Corporation
[email protected]
Michael Campbell
508-650-8023 (office)
Investor Relations
Boston Scientific Corporation
[email protected]
SOURCE Boston Scientific Corporation

21 %

Last updated: Sep 19, 2012