Medtronic Plc. · NYSE:MDT
Medtronic — Investor Presentation (January 2026)
22 slides from Medtronic's investor presentation, January 2026
Slide 1: Colorectal surgery 2026 Reimbursement Guide
Overview Overview New for 2026 New for 2026 2026 Reimbursement Guide Coding Reimbursement Coding & Reimbursement Colorectal surgery Resources Resources Disclaimer Disclaimer Lightbulb with solid fill Circle with left arrow with solid fill
Slide 2: Overview
Overview This guide is intended to aid providers in appropriate procedure code selection for Colorectal surgery procedures. The document reflects applicable and commonly billed procedure codes as well as the unadjusted national Overview Overview Medicare average rates assigned to the CPT®1 code. New
Slide 3: New for 2026: Key updates in CMS Policy & Reimbursement
New for 2026 Key updates in CMS Policy & Reimbursement Overview Overview Changes to Physician Payment Beginning in calendar year (CY) 2026 and beyond, CMS will pay APM and non-APM participants at distinct rates across all settings of care.∆ New for 2026 New for 2026 CMS has also finalized a –2.5% “e
Slide 4: Coding & reimbursement
Coding & reimbursement Overview Overview This section provides Medicare unadjusted national average allowable rates for physician, hospital outpatient, ambulatory surgery, and hospital inpatient settings. The coding information in this section does not replace seeking coding advice from the payer an
Slide 5: HCPCS II codes
HCPCS2 II codes C-code Finder C-code Finder Overview Overview Level II HCPCS2 codes are primarily used to report supplies, drugs and implants that are not reported by a CPT®1 code. HCPCS codes are reported by the physician, hospital or DME provider that purchased the item, device, or supply. Differe
Slide 6: Coding & reimbursement: Colectomy
Coding & reimbursement Physician3 Hospital Outpatient4 Ambulatory Surgery5 Overview Overview Non-APM Non-APM CPT®1 Global Status Payment Description Work RVU Office Facility APC Rate Rate code days indicator indicator rate# rate# Colectomy New for 2026 New for 2026 44140 Colectomy, partial; with ana
Slide 7: Coding & reimbursement: Colectomy
Coding & reimbursement Physician3 Hospital Outpatient4 Ambulatory Surgery5 Overview Overview Non-APM Non-APM CPT®1 Global Status Payment Description Work RVU Office Facility APC Rate Rate code days indicator indicator rate# rate# Colectomy New for 2026 Colectomy, partial, with removal of terminal Ne
Slide 8: Coding & reimbursement: Colostomy
Coding & reimbursement Physician3 Hospital Outpatient4 Ambulatory Surgery5 Overview Overview Non-APM Non-APM CPT®1 Global Status Payment Description Work RVU Office Facility APC Rate Rate code days indicator indicator rate# rate# Colostomy New for 2026 Laparoscopy, surgical, colostomy or skin level
Slide 9: Coding & reimbursement: Rectal and anal procedures
Coding & reimbursement Physician3 Hospital Outpatient4 Ambulatory Surgery5 Overview Overview Non-APM Non-APM CPT®1 Global Status Payment Description Work RVU Office Facility APC Rate Rate code days indicator indicator rate# rate# Rectal and anal procedures New for 2026 New for 2026 Protectomy; compl
Slide 10: Coding & reimbursement: Rectal and anal procedures, continued
Coding & reimbursement Physician3 Hospital Outpatient4 Ambulatory Surgery5 Overview Overview Non-APM Non-APM CPT®1 Global Status Payment Description Work RVU Office Facility APC Rate Rate code days indicator indicator rate# rate# Rectal and anal procedures, continued New for 2026 Laparoscopy, surgic
Slide 11: Coding & reimbursement: Hemorrhoid procedures
Coding & reimbursement Physician3 Hospital Outpatient4 Ambulatory Surgery5 Overview Overview Non-APM Non-APM CPT®1 Global Status Payment Description Work RVU Office Facility APC Rate Rate code days indicator indicator rate# rate# Hemorrhoid procedures New for 2026 New for 2026 46083 Incision of thro
Slide 12: Coding & reimbursement: Hemorrhoid procedures, continued
Coding & reimbursement Physician3 Hospital Outpatient4 Ambulatory Surgery5 Overview Overview Non-APM Non-APM CPT®1 Global Status Payment Description Work RVU Office Facility APC Rate Rate code days indicator indicator rate# rate# Hemorrhoid procedures, continued New for 2026 New for 2026 46320 Excis
Slide 13: Inpatient national unadjusted reimbursement rates
Coding & reimbursement Inpatient6 national unadjusted reimbursement rates Overview Overview Under Medicare's MS-DRG6 methodology for hospital inpatient payment, each inpatient stay is assigned to one of about 750 diagnosis-related groups based on the ICD-10 codes assigned to the diagnoses and proced
Slide 14: Inpatient national unadjusted reimbursement rates
Coding & reimbursement Inpatient6 national unadjusted reimbursement rates Overview Overview MS-DRG6 Description Rate Rectal procedures 332 Rectal Resection W MCC $26,347 New for 2026 New for 2026 333 Rectal Resection W CC $17,044 334 Rectal Resection W/O CC/MCC $11,919 Coding Reimbursement Hemorrhoi
Slide 15: ICD-10-PCS codes: Partial colectomy
Coding & reimbursement Overview Overview ICD-10-PCS7 codes are used by hospitals to report surgeries and procedures performed in the inpatient setting. Below are commonly assigned ICD-10-PCS codes. However, the codes listed below are not exhaustive, as other codes may apply. ICD-10-PCS7 code Descrip
Slide 16: ICD-10-PCS codes: Total colectomy
Coding & reimbursement Overview Overview ICD-10-PCS7 codes are used by hospitals to report surgeries and procedures performed in the inpatient setting. Below are commonly assigned ICD-10-PCS codes. However, the codes listed below are not exhaustive, as other codes may apply. ICD-10-PCS7 code Descrip
Slide 17: ICD-10-PCS codes: Colostomy and ileostomy
Coding & reimbursement Overview Overview ICD-10-PCS7 codes are used by hospitals to report surgeries and procedures performed in the inpatient setting. Below are commonly assigned ICD-10-PCS codes. However, the codes listed below are not exhaustive, as other codes may apply. ICD-10-PCS7 code Descrip
Slide 18: ICD-10-PCS codes: Hemorrhoid procedures
Coding & reimbursement Overview Overview ICD-10-PCS7 codes are used by hospitals to report surgeries and procedures performed in the inpatient setting. Below are commonly assigned ICD-10-PCS codes. However, the codes listed below are not exhaustive, as other codes may apply. ICD-10-PCS7 code Descrip
Slide 19: Appendix
Appendix Term Footnote Definition Overview An Add-on Code (AOC) is a Healthcare Common Procedure Coding System (HCPCS) / Current Procedural Terminology (CPT) code that describes a service that is Overview Add-on CPT®1 codes + performed in conjunction with the primary service by the same practitioner
Slide 20: Resources
Resources C-code Finder C-code Finder Overview Overview Medtronic Reimbursement Support is available to assist you with your coding and reimbursement questions. If your coding or reimbursement questions were not answered in this guide, please check out these additional resources: New for 2026 New fo
Slide 21: Disclaimer
Disclaimer Medtronic provides this information for your convenience only. It does not constitute legal or reimbursement advice or a recommendation regarding clinical practice. Information provided is gathered from third-party Overview Overview sources and is subject to change without notice due to f
Slide 22: References
References Overview Overview 1. CPT Copyright © 2026 American Medical Association. All rights reserved. CPT® is a registered trademark of the American Medical Association. Applicable FARS/DFARS restrictions apply to government use. Fee schedules, relative value units, conversion factors and/or relat