Neuraxis announces Category I CPT code for PENFS now in effect

NeurAxis (NRXS) announced that the Category I CPT code for Percutaneous Electrical Nerve Field Stimulation, PENFS, is now in effect, completing a successful commercial milestone for the Company. The assignment of the Category I CPT code is one of the “most significant breakthroughs in efforts towards widespread adoption of IB-Stim,” the company said. This establishes a permanent, nationally recognized coding and billing pathway for NeurAxis’ PENFS therapy, reflecting broad clinical acceptance and meeting the American Medical Association’s, AMA, criteria for widespread utilization, clinical efficacy, and established standards of care.