PatientRightsAdvocate.org sued the American Medical Association this week, arguing the trade group has no valid copyright over the CPT codes that providers must use to bill for care. It follows a public letter Senator Bill Cassidy sent to the AMA last year accusing it of "abus[ing] [its] government-backed monopoly by charging exorbitant fees to anyone using the CPT code set."
In our eagerness for innovation, there's a risk that we ignore existing effective, readily-available treatments.
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The AMA is working to develop CPT codes for testing of COVID-19, which would allow physicians to bill for testing of the disease. The CDC also plans to add a new diagnosis code for COVID-19 in October.
cronyms are popular because they serve the useful purpose of expediting communication, creating a tribal sense of community for those in the know, and conveying the (sometimes false) perception of vast expertise to the uninitiated. There are certain acronyms, however, that strike fear into the heart of the med-tech entrepreneur. Upon mention of these TLAs, the tension in the room is palpable as brains silently begin to revise development timelines, budgets and cash out dates.