West Virginia Subscriber
Answer: Yes, it is correct to report 94762 (noninvasive ear or pulse oximetry for oxygen saturation; by continuous overnight monitoring [separate procedure]). However, this code is a technical-component-only code. The family physician must lease, rent or own the oximeter to meet the CPT billing criteria. 94762 carries an indicator of 3 in the TC/PC column of HCFAs national relative value units (RVU) file, which indicates it represents the staff and equipment costs associated with the service. Because 94762 is already identified as a technical-component-only code, the -TC modifier is unnecessary.