Reimbursement
We strive to expand market access to benefit all stakeholders, especially patients. As the first and only image-based AI tool for lung cancer diagnosis with US reimbursement, Optellum Lung Cancer Prediction AI empowers clinicians to deliver high-quality, ROI-backed care.1 With ongoing efforts to demonstrate reduced total cost of care, we are proving our value to payers and providers alike
Our commitment
to equitable access and financial sustainability in numbers
The American Medical Association (AMA) issued two Category III Current Procedural Terminology (CPT)® codes effective July 1, 2022 that may be utilized when billing for services related to utilization of the Optellum Lung Cancer Prediction AI. Category III CPT codes are temporary codes used to describe emerging technologies, services or procedures. Submitting claims with Category III codes may require additional information be submitted to the payer to establish medical necessity, and substantiate charges and payment for the service.
Hospital Outpatient Facility Coding & Medicare Payment
When LCP AI is utilized in the hospital outpatient site of service, reimbursement is determined by the Hospital Outpatient Prospective Payment System (OPPS). Procedures are assigned to the applicable Ambulatory Payment Classification (APC) for the CPT code used to describe the service. Generally, Medicare assigns CPT codes into groups where the codes are similar in terms of clinical characteristics and resource costs. Alternatively, New Technology APCs, like that under which the Optellum® technology is reimbursed, are defined on the basis of cost. Under APCs, payment is determined by the services and procedures provided as reported by the CPT code.2
0721T
1508
Quantitative computed tomography (CT) tissue characterization, including interpretation and report, obtained without concurrent CT examination of any structure contained in previously acquired diagnostic imaging8
S
$650.50
+0722T
1508
Quantitative computed tomography (CT) tissue characterization, including interpretation and report, that is obtained with a concurrent CT examination of any structure contained in previously acquired diagnostic imaging (List separately in addition to code for CT scan)8
S
$650.50
The Medicare payment amounts listed do not reflect adjustments for deductible, co-payment, coinsurance, sequestration or any other reductions. All payment amounts listed are based on national averages and will vary by geographical locations. Facilities should review their contracts and negotiated rates for each of their Commercial insurers to determine what their appropriate reimbursement will be.
CPT codes assigned to a status indicator S are not subject to multiple procedure discounting and are paid at 100% of the current OPPS payment rate.
Physician Coding & Medicare Payment
Category III CPT codes do not have any assigned relative value units (RVUs) and therefore there is no fee schedule payment rate established for physician payment under Medicare. Payment for physician services is at the discretion of the individual Medicare contractor.
0721T
Quantitative computed tomography (CT) tissue characterization, including interpretation and report, obtained without concurrent CT examination of any structure contained in previously acquired diagnostic imaging
Carrier priced
+0722T
Quantitative computed tomography (CT) tissue characterization, including interpretation and report, that is obtained with a concurrent CT examination of any structure contained in previously acquired diagnostic imaging (List separately in addition to code for CT scan)
Carrier priced
Note: Reimbursement from commercial payers will vary due to individual negotiated contractual agreements between the provider and the payer. Providers are encouraged to check with their individual payers regarding payment for specific services and procedures.
Disclaimer: Coding information is supplied for informational purposes only and represents no statement, promise, or guarantee by Optellum® Ltd that these codes will be appropriate or that reimbursement will be made. Information provided is not intended to increase or maximize reimbursement by any payer. Laws, regulations and payer policies concerning reimbursement are complex and subject to change. It is the responsibility of the providers to make appropriate decisions related to coding and reimbursement submissions.
Current Procedural Terminology (CPT). Copyright © 2026 American Medical Association. CPT is a registered trademark of the American Medical Association. All rights reserved.
For additional information, please contact our team via email at reimbursement@optellum.com
Footnotes
1. Lee et al. 2025. ECTSS Abstract (approved, pending release)
2. CMS 2026 OPPS Final Rule
3. Godfrey et al 2023
4. Massion et al 2020
5. Baldwin et al 2020
6. Heuvelmans et al 2021
7. Kim et al 2022
8. CMS 2022 Update of the Hospital Outpatient Prospective Payment System (OPPS)
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