CMS issues preliminary decision on J code for Avedro's Photrexa
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CMS has issued a preliminary decision to establish a product specific Healthcare Common Procedure Coding System J code for Photrexa drug formulations, according to a press release from Avedro.
Photrexa formulations are the only drugs approved by the FDA for use with the KXL System in corneal cross-linking, and if finalized, a J code will simplify billing for the procedure, the release said.
“A product specific J code will streamline the claims submission process for physician practices and better serve ectatic patients in need of treatment,” OSN Cornea/External Disease Board Member Eric D. Donnenfeld, MD, said in the release.
The decision is expected to be finalized in November, with new and revised codes becoming effective Jan. 1, 2019, the release said.