CDX 0.00% 12.0¢ cardiex limited

CPT 1 Schedule

  1. 4 Posts.
    Possibly a dumb question, but interested to know how the CPT 1 code process will run and when it will have an impact on sales.

    I am aware the consideration for CPT 1 has been accepted. From what I know this means that SphygmoCor is being considered by AMA for CPT 1 code. It doesn't mean that it has it yet, so there is yet to be any benefit to sales(?)

    The RUC is developing recommendations for fees from April then finalising these in November. I am not sure what the implication of this is for sales.

    At what stage is the CPT 1 code usable by hospitals and practitioners? I seem to remember something about Jan 2016 in an investor presentation.

    As a side note, I'm expecting a slow dwindle down to the low teens, at which stage I'm buying before we get more positive news.
 
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