I've had a 'crumby' attitude lately. And the lates
Post# of 7800
Maybe, just maybe, we (BIEL) are the client of Viant/Meraqi, a tasty morsel, indeed! Hashtag "RecoveryRx", "Koneru", "Viant/Meraqi", "CPT I codes", "CMMS", "VA", "DoD", "new product rollout", "Allay", "plantar fasciitis", "new OEM partner", "new product manufacturer", "any other damn thing you wanna throw in!"
https://www.ama-assn.org/practice-management/...-iii-codes
PFITO (pron'd "pee fee tow" - Potential Fly In The Ointment. Okay, I made this part up.
Specific criteria for Category I codes
1) All devices and drugs necessary for performance of the procedure of service have received FDA clearance or approval when such is required for performance of the procedure or service. << check >>
2) The procedure or service is performed by many physicians or other qualified health care professionals across the United States. << check >> PFITO: what is 'many' ?
3) The procedure or service is performed with frequency consistent with the intended clinical use (i.e., a service for a common condition should have high volume). << check >> PFITO: what is consistent frequency ?
4) The procedure or service is consistent with current medical practice. << check >> PFITO: consistent w/ current ... ?
5) The clinical efficacy of the procedure or service is documented in literature that meets the requirements set forth in the CPT code-change application. PFITO: which leads to ...
https://www.ama-assn.org/practice-management/...plications
Despite my snarkiness and overall distrust of all things FDA, AMA, and big pharma, this is a process we MUST go thru for long term success and sustainability of the company. Sadly, there is simply no getting around it. I listened to about seven minutes of the first video b4 my head nearly exploded. I expect tons of congratulations for doing that, by the way. It's deadly boring but it does give you an indication of the enormity of red tape required to wade thru this 'excrementus toros grande' process. I started the 2nd video and didn't even last 30 sec. I swear ... the bureaucrats who do this for a living are another species altogether.
These videos are 39 min 52 min and this is only a prelude to a series of six instructional courses on the CPT Code Change Application Process. This is even b4 you begin the CPT I application itself. It's easy to understand why companies hire consultants. It's even more easy to understand why CEO Kelly assigned the VP of Sales, Keith Nalepka, to coordinate the whole shebang. At least, this is my presumption and belief. There are too many moving parts to not have someone oversee all of it. I mean, if not him, who else? And why has he been 'silent' for well over a year if not involved in a task requiring the patience of Job, attention to detail, and boundless energy? As I have said many times already, we are in the 'politics' business as much as in the PEMF business. When needed I think Keith can 'politic' w/ the best of 'em. Catch my meaning?
And that video of RecoveryRx causing those 'dancing beads' is the elated, frenzied reaction of investors after 25 Aug. And c/o these posts on o.b., #295370 (The_Pro), #295373 (TAZZER).
Quote:
“In our R&D space today with John Martinez. John is our longest serving employee. He has been a pioneer in the electroceutical space for 20 years! 7 patents covering 28 countries. We are actively designing our next wearable and doing a client walkthrough. John’s favorite thing is when a customer asks “what exactly is RecoveryRX doing?” His pride and joy comes out, the demonstration box. Always amazing what this little device does, 24/7 for 30 days continuously!!!!!!!!”
BUY_MORE_SHARES
later, WBeacham