CMS classifies MyoPro as Medicare Part B brace, lump-sum reimbursement from Jan 1, 2024

MYOMO, INC.

CMS final rule published Nov 1, effective Jan 1, 2024: MyoPro classified as a brace, paid lump sum.
Myomo received rental payments for five Medicare Part B patients covering all four CMS billing regions.
National fee not yet set; claims paid at regional DME MAC rates until determination at CMS public meeting.
CEO says reclassification supports health equity and aligns Medicare payment with other insurers.

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