regulatory
confidence high
sentiment positive
materiality 0.65
CMS proposes Medicare reimbursement rates for MyoPro: $31,745 for L8701, $62,457 for L8702
MYOMO, INC.
- CMS proposed fee schedule rates: L8701 (Motion W) at $31,745.42 and L8702 (Motion G) at $62,457.28.
- CMS final rule effective Jan 1, 2024 classifies MyoPro as a brace for lump-sum reimbursement.
- Public meeting to discuss proposed rates scheduled for November 29, 2023.
- Company cautions that rates are proposed and not yet final; no assurance of finalization.