Question: Indiana Subscriber Answer: Physicians use oximetry (sometimes called "pulse oximetry" or "pulse ox") to monitor the oxygenation of hemoglobin in the bloodstream. According to the 2010 Medicare Physician Fee Schedule, Medicare, and payers that follow Medicare's fee schedule, consider 94762 a status T code. These "T" codes are bundled into many of the procedural codes and cover technical services only. You should therefore code only for the other services performed by your neurologist. Back up: In addition, the Correct Coding Initiative (CCI) edits also bundle 94762 as a column 2 code with various sleep study codes. This edit carries a "0" modifier indicator, so you cannot bypass it under any circumstances.