Arch Resources’ AC5 system receives dedicated HCPCS billing code

Arch Therapeutics announced that the Centers for Medicare and Medicaid Services established a new Level II Healthcare Common Procedure Coding System code dedicated to the Company’s AC5(R) Advanced Wound System. The new HCPCS code, "A2020," will become effective on April 1, 2023, creating a new pathway for reimbursement of AC5. The HCPCS code is expected to improve the ability of providers to charge CMS and other insurers for AC5 used in doctors’ offices, wound care clinics, hospital outpatient departments and ambulatory surgical centers.