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Arizona Subscriber. Answer: The code for pulse oximetry is CPT 94760 (noninvasive ear or pulse oximetry for oxygen saturation; single determination). The answer to whether you can bill for pulse oximetry separately depends in part on the payer.Many Medicaid carriers consider pulse oximetry to be a part of the care rendered to the patient, and not separately billable. Some commercial payers do not bundle this service with E/M codes, so you can bill for it separately.he answer to whether you can bill for pulse oximetry separately depends in part on the payer. Many Medicaid carriers consider pulse oximetry to be a part of the care rendered to the patient, and not separately billable. Some commercial payers do not bundle this service with E/M codes, so you can bill for it separately.
Beams of light from the device pass through the Pulse oximetry is a way to measure how much oxygen your blood is carrying. By using a small device called a pulse oximeter, your blood oxygen level can be checked without needing to be stuck with a needle.t also provides a reading of your heart rate (pulse). To make sure the oximeter is giving you a good reading, count your pulse for one minute and compare the number you get to the pulse number on the oximeter. If they are the same, you are getting a good signal.