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Theranostics Finances and Coding of Today and a Look Forward
1Barnes-Jewish Hospital, BJC and Washington University, School of Medicine, St. Louis, Missouri dbeyder@gmail.com.
Financial planning for theranostics programs is crucial due to rapid growth. This guide covers coding, reimbursement, and budgeting to ensure sustainable clinical theranostics services in the US.
Area of Science:
- Nuclear Medicine
- Radiopharmaceutical Therapy
- Theranostics
Background:
- Theranostics is rapidly expanding, with more radiopharmaceutical therapies and clinical demand.
- Financial viability is essential for supporting these growing clinical programs.
Purpose of the Study:
- To provide a comprehensive overview of financial strategies for clinical theranostics programs in the US.
- To guide professionals in building financially sustainable theranostics services.
Main Methods:
- Review of Current Procedural Terminology and Healthcare Common Procedure Coding System coding.
- Analysis of reimbursement strategies, stakeholder engagement, and compliance.
- Exploration of dosimetry, amino acid infusion, and 340B pricing.
Main Results:
- Accurate coding, billing accuracy, and infrastructure investment are critical.
- Tools and resources exist to support operational success.
- A 5-year budget projection is necessary for scaling programs.
Conclusions:
- Financial planning is key to supporting the growth of theranostics.
- Sustainable programs require attention to coding, reimbursement, and infrastructure.
- This guidance equips professionals to meet future demand for theranostics.
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