The Advanced Wound Management division of Smith & Nephew, Inc., a subsidiary of Smith & Nephew plc (LSE: SN; NYSE: SNN)is in agreement with the American Medical Association which has created a new category of procedural terminology Code 29581 which is "Application of multi-layer venous wound compression system, below the knee.” The new code goes into effect on January 1. 2010.
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"Smith & Nephew's PROFORE(TM) Multi-Layer High Compression Bandaging System is the market leader in this product category," Mr. Dugan added. "With a dedicated CPT code, multi-layer bandaging will now be more accessible to physicians and patients. We support this decision and believe that it will improve patient access to the standard of care, support sound clinical decision-making and improve patient outcomes for those with this condition." "Smith & Nephew's multi-layer bandaging portfolio also includes the unique VARI-STRETCH(TM) technology of the PROGUIDE(TM) Two Layer High Compression Bandaging System. These multi-layer compression bandaging systems are part of a complete range of advanced dressings and wound management systems that facilitate appropriate product utilization across the continuum of wound care," said Randall Carson, Director, Government Affairs and Reimbursement, Smith & Nephew Advanced Wound Management. "The treatment of venous leg ulcers alone consumes more than $1 billion in the U.S. annually.(1) Smith & Nephew works hard to provide physicians with therapeutic options that support their clinical judgment and deliver value to their institutions and the health delivery system as a whole. The decision to assign a dedicated CPT code for venous wound compression is an important step towards meeting these goals."
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