regulatory
confidence high
sentiment positive
materiality 0.65
Myomo receives first lump sum Medicare reimbursements for MyoPro under new CMS fees
MYOMO, INC.
- CMS through DME MACs remitted lump sum reimbursements for MyoPros to Medicare Part B beneficiaries.
- Payments based on published fees for HCPCS codes L8701 and L8702 effective April 1, 2024.
- All four regional DME MACs have remitted payments; first claim paid for a MyoPro Center of Excellence provider.
- CEO states greater clarity of reimbursement for channel partners and health professionals.