Resonance Health Ltd. has received confirmation from an independent US CPT Code Certifier that its LiverSmart medical device is eligible for up to two new US Current Procedural Terminology codes. The Company engaged the services of KarenZupko & Associates Inc., based in Chicago, Illinois, USA, to perform the review, which was conducted by Mr. Matthew Twetten MA MHCDS. KZA reviewed the Company's LiverSmart® User Guide, the 2022 CPT Professional Coding Guide published and maintained by the American Medical Association, and various materials relating to new CPT codes 0648T and 0649T which became effective on January 1, 2022.

KZA recommends that CPT code 0648T applies when LiverSmart® is performed without other documented diagnostic liver imaging, and CPT code 0649T applies when additional diagnostic liver imaging is performed in the same scanning session. CPT Code Eligibility - Key Milestone Towards US Reimbursement for LiverSmart CPT codes are a set of codes, descriptions and guidelines maintained by the AMA and recognised by US government agencies and private insurers. They describe medical procedures and services performed by physicians and other healthcare providers for reimbursement by government payers such as Medicare and Medicaid, and private payers including private health insurers.

The codes are used by physicians and healthcare providers for reporting and tracking medical services performed by healthcare providers. CPT codes generally start as Category III codes and, when there is sufficient reporting of the codes and adequate literature supporting efficacy, they can be upgraded to Category I which are widely accepted by third party payors. CPT code eligibility for medical devices, procedures, and services, are the first formal step into the US national reimbursement coding framework.

The new Cat III codes can immediately be used by hospitals and MRI imaging centres in the United States when using LiverSmart®.