Looking for some guidance for our physicians. They have been looking into compounded semaglutide for weight loss patients managed in the clinic and I am trying to figure out what they can and can not do regarding billing to insurances.
Patients would pay cash for the semaglutide medication dose itself weekly based on the amount they are on/titrated to from a private stock kept in the office (the clinic would order from the compounding pharmacy).
But in relation to insurance billing:
If they come in and meet with the physician for the injection weekly and are checked for any complications or adverse effects and monitoring their health/progress (i.e. 9921x?)
If they come in and meet with the doctor periodically to monitor adverse effects and the in between visits they would be coming into the office and nurses would dose it out and give the injection from an office stock (99211 vs 96372?)
If they should be only accepting cash for all services related to any visit for the compounded semaglutide visits/surveilance and injections?
Any scenarios honestly.
Online I'm only finding information related to "it's not FDA approved for weight loss" but no real guidance on it related to insurance billing and no nos. Just need to have something credible to show physicians and I am pulling my hair out looking. I know CMS will cover administration of certain compounded drugs but they have to be FDA approved and as of 10/2023 looks like it is not.
Any information/input on what other clinics are doing or I can look into and provide them (and myself!) regarding would help!
Patients would pay cash for the semaglutide medication dose itself weekly based on the amount they are on/titrated to from a private stock kept in the office (the clinic would order from the compounding pharmacy).
But in relation to insurance billing:
If they come in and meet with the physician for the injection weekly and are checked for any complications or adverse effects and monitoring their health/progress (i.e. 9921x?)
If they come in and meet with the doctor periodically to monitor adverse effects and the in between visits they would be coming into the office and nurses would dose it out and give the injection from an office stock (99211 vs 96372?)
If they should be only accepting cash for all services related to any visit for the compounded semaglutide visits/surveilance and injections?
Any scenarios honestly.
Online I'm only finding information related to "it's not FDA approved for weight loss" but no real guidance on it related to insurance billing and no nos. Just need to have something credible to show physicians and I am pulling my hair out looking. I know CMS will cover administration of certain compounded drugs but they have to be FDA approved and as of 10/2023 looks like it is not.
Any information/input on what other clinics are doing or I can look into and provide them (and myself!) regarding would help!