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Aquablation® Therapy's Assigned Category I Code in 2026 Medicare Proposed Physician Fee Schedule

Aquablation® Therapy's Assigned Category I Code in 2026 Medicare Proposed Physician Fee Schedule

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SAN JOSE, Calif., July 14, 2025 (GLOBE NEWSWIRE) -- PROCEPT BioRobotics® Corporation (Nasdaq: PRCT) (the 'Company'), a surgical robotics company dedicated to advancing patient care through transformative urology solutions, today announced that Aquablation therapy was assigned a Category I code effective January 1, 2026.
The 2026 Medicare Proposed Physician Fee Schedule (PFS) includes payment rates for a new Category I Current Procedural Terminology (CPT) code related to Aquablation therapy. Category I CPT code 52XX1 will replace Category III CPT code 0421T as the primary code for Aquablation therapy.
'Securing a Category I CPT Code marks a major milestone for PROCEPT, the urology community, and the patients we serve,' said Sham Shiblaq, chief commercial officer of PROCEPT BioRobotics. 'This transition recognizes the clinical value and widespread use of Aquablation therapy as we continue to make progress toward becoming the BPH surgical standard of care. The Category I code will further support surgeon adoption and broaden patient access to a treatment that delivers durable symptom relief with a low risk of sexual side effects.'
The new CPT Category I Code 52XX1 was assigned a 2026 national Medicare physician proposed payment of 16.14 total RVUs which translates to an approximate national average of $540, under the 2026 proposed Medicare PFS. By comparison, TURP was assigned 15.82 total RVUs which translate to an approximate national average of $529.
The PFS Proposed Rule was released on July 14, 2025, and updated payment policies and payment rates for services will be provided for Medicare beneficiaries on or after January 1, 2026. The Proposed Rule release is followed by a public comment period that will close in September 2025 and will culminate in CMS' release of the Final Rule, which is expected to be announced in November 2025 for implementation on January 1, 2026. The Proposed Rule is therefore subject to change.
These 2026 proposed rule payment values and RVU assignments can be viewed on the CMS website at: https://www.cms.gov/medicare/payment/fee-schedules/physician/federal-regulation-notices/cms-1832-p
About Aquablation TherapyAquablation therapy is the first and only ultrasound guided, robotic-assisted, heat-free waterjet for the treatment of BPH. The system's real-time ultrasound imaging provides the surgeon with a multi-dimensional view of the prostate enabling personalized treatment planning tailored to each patient's unique anatomy. The surgeon can specify which areas of the prostate to remove while preserving the anatomy that controls erectile function, ejaculatory function and continence. Once the treatment plan is mapped by the surgeon, the predictable robotic-assisted execution enables prostate tissue to be removed in a precise, targeted and controlled fashion.
About PROCEPT BioRobotics CorporationPROCEPT BioRobotics is a surgical robotics company focused on advancing patient care by developing transformative solutions in urology. PROCEPT BioRobotics manufactures the AQUABEAM® and HYDROS™ Robotic Systems. The HYDROS Robotic System is the only AI-powered, robotic technology that delivers Aquablation therapy. PROCEPT BioRobotics designed Aquablation therapy to deliver effective, safe, and durable outcomes for males suffering from lower urinary tract symptoms or LUTS, due to BPH that are independent of prostate size and shape or surgeon experience. BPH is the most common prostate disease and impacts approximately 40 million men in the United States. The Company has developed a significant and growing body of clinical evidence with over 150 peer-reviewed publications, supporting the benefits and clinical advantages of Aquablation therapy.
Forward-Looking StatementsThis press release may contain forward-looking statements within the meaning of federal securities laws. Forward-looking statements are subject to numerous risks and uncertainties that could cause actual results to differ materially from those anticipated or implied in such statements. PROCEPT BioRobotics undertakes no obligation to publicly update or revise any forward-looking statements.
Important Safety InformationAll surgical treatments have inherent and associated side effects. For a list of potential side effects visit https://aquablation.com/safety-information/
Investor Contact:Matt BacsoVP, Investor Relations and Business Operationsm.bacso@procept-biorobotics.comSign in to access your portfolio
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Tax advantages of an annuity Qualified annuities offer tax-deferred growth on your investment until you withdraw the money or begin receiving payments. This feature can be valuable for those looking for a tax-advantaged way to save for retirement. If you fund a nonqualified annuity with after-tax money, you'll be taxed at withdrawal only on the earnings, not any principal that you take out. Like other tax-deferred retirement accounts, such as a traditional 401(k), qualified annuities have annual contribution limits but nonqualified annuities — like brokerage accounts — have no limits. That's a particular benefit for higher-income savers, who may otherwise want to contribute more to their retirement but have maxed out a 401(k) or IRA. You can also buy an annuity inside a Roth IRA or Roth 401(k), making those payouts entirely tax-free. However, many experts frown on putting a complex tax-advantaged account inside another tax-advantaged account, such as a Roth IRA. 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You'll need to read the agreement closely to understand your rights and responsibilities. But even spending hours on the contract may not be enough to fully grasp all the conditions. It may be best to seek help from a third-party financial advisor. Compare advisors: Bankrate's list of the best financial advisors High sales commissions One of the most significant drawbacks of an annuity is the large sales commission baked into the product. While you may not pay the commission directly, it still reduces the returns you otherwise could have earned. Unfortunately, it's not unusual to spot a commission at 6 or 7 percent, though it may go up to 10 percent. If you put $100,000 into an annuity, a salesperson may take $6,000 or more, though the insurance company may obscure how you're charged. Complex annuities with more features generally have higher commissions than simple annuities. An annuity with an extended surrender charge period may mean higher commissions, too. With that kind of incentive, it's little wonder insurance agents may be eager to sign up clients in a complex product. It's also why you may want to consider getting a second opinion from an independent fee-only financial advisor who's looking out for your best interest. Illiquid asset that's difficult to cancel Once you put your money into an annuity, it's generally tied up for an extended period. You'll receive your income stream, and may be able to withdraw some of the principal, but for the most part, your money is locked up and you have relatively little access to it. If you decide you want to get out of your annuity, you'll likely face substantial fees called surrender charges. Surrender charges typically last six to eight years after signing the annuity contract, and tend to decrease over time. You can also choose to sell your annuity payments. There are several reasons you may choose to sell the payments, but the decision shouldn't be taken lightly. A factoring company will apply a discount rate to the payments you sell, meaning you'll never receive the full amount of what your future payments are actually worth. While there may be ways for you to wiggle out of an annuity contract, don't expect them to be easy or free. That can be problematic if you need money for an emergency and your income or other savings don't suffice. Risk Because they may rely entirely on the markets for any gain, variable annuities are especially risky, potentially leaving you with few gains and maybe even losses after years of saving. You'll want to invest any money for the long term to ride through the dips in the market and avoid fees that may come with an early withdrawal. Variable annuities tend to have the highest fees too — a mortality and expense risk charge, the expense ratios of any funds you invest in, administrative costs and any additional fees for special riders you've added to the account (for example, a death benefit or guaranteed minimum payout). And suppose you withdraw your money early, before age 59½. In that case, you can get hit with a 10 percent penalty from the IRS in addition to taxes you'll owe on any investment gains, much like the penalties for early withdrawals from traditional IRA and 401(k) accounts. Alternatives to annuities So many kinds of annuities exist because consumers have varying needs. But ultimately, annuities aren't the right choice for everyone. Here are some alternatives to annuities. Investment portfolio: Strategic investments can help provide extra income during retirement. For example, while an annuity may promise you a 4 percent return on your money, a financial advisor may be able to construct a portfolio that earns you 5 percent today and offers a growing stream of dividends in future years. Or you could use a robo-advisor to create a balanced portfolio for you at a fraction of the cost. Certificate of deposit: CDs are another relatively safe way to save for retirement. CDs usually require that you leave your money untouched for a set term, after which you can withdraw the principal and interest. You pay taxes on the interest annually, even if you haven't received the money yet. Managed payout fund: A managed payout fund is similar to an annuity, but there is no guaranteed rate of return on your money. Managed payout funds are a type of mutual fund that can yield anywhere from 1 percent to 8 percent growth. Life insurance policy: Certain types of life insurance can provide income replacement during retirement, usually through riders. Life insurance policies also have a death benefit your loved ones can access after you pass away. Annuity FAQs What are the benefits of purchasing an annuity? One of the most significant benefits of an annuity is that it allows you to put money away for retirement. The money grows tax-free, which maximizes the account's growth potential. If you choose a fixed annuity, you will get a guaranteed rate of return on your money, which limits risk. Another major benefit is you don't have to worry about managing your investments or withdrawal strategies. The insurance company will take care of that for you. This can be a huge relief if you're not comfortable managing your own portfolio or you want to simplify your retirement plan. What is a surrender period? An annuity surrender period is the duration of time that an investor must wait to withdraw money from the account without being penalized. The surrender period depends on several factors, including your insurance company and the type of annuity you own. If you withdraw money during the surrender period, you will likely have to pay a hefty fee. Bottom line Annuities can be a good decision for the right person at the right time, but they come with substantial downsides that you should understand before signing a contract. Consider working with a financial advisor who can help you determine your long-term financial goals, investment strategy and help you decide if an annuity is the right fit for you. Editorial Disclaimer: All investors are advised to conduct their own independent research into investment strategies before making an investment decision. In addition, investors are advised that past investment product performance is no guarantee of future price appreciation. 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