MAPS PBC announces new American Medical Association CPT III codes for psychedelic-assisted therapies take effect
MAPS PBC [Public Benefit Corporation] and COMPASS Pathways collaborated to work with the AMA [American Medical Association] to create these new CPT III codes.
These are temporary codes assigned to emerging technologies, services and procedures, to facilitate reimbursement and support access to psychedelic therapies in the United States, if such therapies receive regulatory approval by the FDA. The new CPT III codes are intended to be used for data collection to substantiate sufficient usage, which could lead to them to be converted to permanent CPT I codes with a valuation assigned for widespread coverage and reimbursement.
Original Article (Yahoo Finance):
MAPS PBC announces new American Medical Association CPT III codes for psychedelic-assisted therapies take effect
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