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Profound Medical Announces New CPT® Category 1 Codes from the AMA for TULSA to Treat Prostate Diseases

Key Takeaway: Profound Medical Corp. has announced that the American Medical Association has established three new CPT Category 1 codes for the TULSA procedure, which is used for MRI-monitored transurethral ultrasound ablation of prostate tissue. This development, supported by various physician specialty societies, is expected to improve reimbursement for the TULSA-PRO system. The new codes signify a significant advancement for the company's technology in treating prostate diseases.
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POSITIVE FACTORS

  • New CPT Category 1 codes established for TULSA procedure.
  • Support from multiple physician specialty societies.
  • Enhances reimbursement opportunities for Profound's technology.

Full Press Release Details

TORONTO, June 02, 2023 (GLOBE NEWSWIRE) — Profound Medical Corp. (NASDAQ:PROF; TSX:PRN) (“Profound” or the “Company”), a commercial-stage medical device company that develops and markets customizable, incision-free therapies for the ablation of diseased tissue, announced today that, with sponsorship and support from multiple physician specialty societies, the American Medical Association (“AMA”) has established three new Current Procedural Terminology (“CPT®’) Category 1 codes for MRI-Monitored Transurethral Ultrasound Ablation (“TULSA”) of prostate tissue, performed using Profound’s TULSA-PRO® system.

Frequently Asked Questions

What are the new CPT codes for TULSA?

The AMA has established three new CPT Category 1 codes for the TULSA procedure.

Who supported the new CPT codes for TULSA?

The new codes were established with support from multiple physician specialty societies.

What does TULSA stand for?

TULSA stands for MRI-Monitored Transurethral Ultrasound Ablation.

What is the TULSA-PRO system used for?

The TULSA-PRO system is used for the ablation of diseased prostate tissue.

Last updated: Feb 19, 2024