CMS releases new J-code for a one injection Monovisc manufactured by Anika Therapeutics

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Anika Therapeutics receives CMS J-code for osteoarthritis solution (Healio)
Anika Therapeutics recently announced the CMS has assigned a unique Health care Common Procedure Coding System code, or J-code, to set Medicare reimbursement rates for Monovisc, the company’s new knee osteoarthritis offering.
A single injection aiding the synovial fluid of the knee, Monovisc is designed to improve pain and joint mobility in patients with osteoarthritis.
As a result of the new J-code, DePuy Synthes Mitek Sports Medicine — the U.S. marketer of Monovisc — will make a one-time payment of $5 million to Anik...

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