More than likely, as long as the records show a distinct difference in the E/M services and the earwax removal. As long as removing the cerumen is not a vital step in evaluating or treating the patient (like it would be if they came in complaining of ear pain, for example), and the E/M elements are clearly documented, it's a separately billable service. (Check with your local Medicare/Medicaid providers, though, for specifics on their coverage criteria. My background is commercial insurance.
It is a procedure that's treated like a surgery for modifier purposes (much like 96372 is). If documentation supports billing both, the E/M will require a 25 modifier to process. Otherwise, it will deny as incidental to 69210. Hope that helps!