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IRTC - iRhythm Underplays Pervasive Consequences Of Novartis Code Changes
iRhythm Technologies Inc.
Reimbursement code changes to Current Procedural Terminology codes 93243 and 93247 are finalized. The changes decrease reimbursement for the Zio XT and AT patches by roughly 80%.
iRhythm initial estimates of the impact on business following this change do not take into consideration the most important aspects of equation.
Private payers will soon follow the lead of the CMS, which expands this outcome to the larger portion of iRhythm revenues.