Medical Cannabis (Marijuana) Billing & Credentialing
Medwave has a dedicated team of medical billing and credentialing experts to help you maximize your office’s reimbursement and keep you up-to-date with today’s ever changing medical marijuana billing and coding regulations. Our team is experienced and well educated in the medical billing and coding guidelines of medical marijuana primary care providers and specialists and has firsthand experience working to get your claims paid fast and efficiently. Our sole objective is to move your medical cannabis office to a more efficient and effective work process so that your claims reimbursement is at its maximum. Utilizing the most current ICD-10 and CPT coding ensures that your office’s claims are clean and paid the first time.
Medical marijuana is not typically covered by insurance because it is not recognized as a medicine by the federal government. The Federal Drug Administration (FDA) has not approved medical marijuana as a safe and effective treatment for any medical condition, and it remains classified as a Schedule I controlled substance under the Controlled Substances Act. Because of this, insurance companies are not required to cover it and most choose not to. This may vary by state, as some states have legalized medical marijuana and have laws that require insurance companies to cover it, but this is not yet a widespread trend.
*Currently, most major insurers and Medicaid / Medicare do not cover medical marijuana treatment, since cannabis is a controlled substance on the federal level. However, if you’re a medical marijuana provider and perform services that are covered by the aforementioned insurers (no matter what they are), then reach out to us. We’ve helped a number of groups get credentialed and bill for internal, alternative services.