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New CPT Codes for Totally Implantable Active Middle Ear Hearing Implants Go into Effect July 1, Unlocking New Opportunities for Envoy Medical
The Esteem(R) device by Envoy Medical is the only totally implantable active middle ear implant with FDA Approval currently on the market White Bear Lake, Minnesota--(Newsfile Corp. - June 26, 2025) - Envoy Medical, Inc. (NASDAQ: COCH), a revolutionary hearing health company focused on fully implanted hearing devices that leverage the ear's natural anatomy, today announced that five Category III CPT codes for totally implantable active middle ear implants approved by the American Medical Associa
About this update from Envoy Medical, Inc.
[{"type":"text","content":"The Esteem(R) device by Envoy Medical is the only totally implantable active middle ear implant with FDA Approval currently on the market","length":137,"tagName":"p","attribs":{"class":"nfSubHeading"},"className":""},{"type":"text","content":"White Bear Lake, Minnesota--(Newsfile Corp. - June 26, 2025) - Envoy Medical, Inc. (NASDAQ: COCH), a revolutionary hearing health company focused on fully implanted hearing devices that leverage the ear's natural anatomy, today announced that five Category III CPT codes for totally implantable active middle ear implants approved by the American Medical Association (AMA) Current Procedural Terminology (CPT) Editorial Panel will be effective on July 1st 2025.","length":465,"tagName":"p"},{"type":"text","content":"CPT codes are used by healthcare professionals and insurers to identify, track, and pay for medical services and procedures. If a medical service or procedure does not have coding, insurance reimbursement can be challenging.","length":224,"tagName":"p"},{"type":"text","content":"This marks the first time that there will be CPT codes for totally implantable active middle ear hearing implants like the Company's Esteem® device. The previous lack of CPT codes effectively limited market adoption of and prevented access to these groundbreaking, fully implanted hearing devices. The new set of specific CPT codes further demonstrates the difference between fully implanted active middle ear implants like the Esteem® and other hearing devices.","length":466,"tagName":"p"},{"type":"text","content":""Hearing loss patients have long desired more available options to address their hearing loss," said Brent Lucas, CEO of Envoy Medical. "We are focused on bringing innovative and breakthrough hearing devices to market to provide these frustrated patients with clinically relevant solutions. This work also includes advocating for changes to how hearing loss sufferers and their chosen solutions are treated by insurance providers. Obtaining a new set of Category III CPT Codes to cover the procedures related to our Esteem® fully implanted active middle ear implant, for example, is a significant step in establishing more viable options for the right patients."","length":682,"tagName":"p"},{"type":"text","content":"Category III CPT codes are temporary codes for emerging technologi...