---
schema_version: "secwatch.filing_event.v1"
accession: "0000856982-25-000060"
form_type: "8-K"
ticker: "MMSI"
cik: "0000856982"
company_name: "MERIT MEDICAL SYSTEMS INC"
filed_at: "2025-11-13T23:59:59+00:00"
generated_at: "2026-05-16T20:44:26.111663+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Merit Medical withdraws WRAPSODY TPT application; CMS deferral delays payment to Jan 2027

## Summary
- CMS deferred Merit's Transitional Pass-Through incremental payment application for WRAPSODY CIE to CY2027 rule; Jan 1, 2027 earliest effective date.
- Merit withdraws TPT application and will immediately begin full U.S. commercialization of WRAPSODY CIE.
- CEO cites strong 24-month efficacy data from WRAPSODY WAVE Trial as key differentiator vs. competitors.
- FY2025 U.S. WRAPSODY CIE revenue forecast remains $2M-$4M.
- Device received FDA premarket approval Dec 2024; approved by Health Canada Apr 2025.

## SEC filing metadata
- accession: 0000856982-25-000060
- form_type: 8-K
- ticker: MMSI
- cik: 0000856982
- company_name: MERIT MEDICAL SYSTEMS INC
- filed_at: 2025-11-13T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/856982/000085698225000060/0000856982-25-000060-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/856982/000085698225000060/mmsi-20251113x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000856982-25-000060
- JSON: https://secwatch.observer/filing/0000856982-25-000060.json
- Plain text: https://secwatch.observer/filing/0000856982-25-000060.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
