regulatory
confidence high
sentiment positive
materiality 0.75
Sight Sciences gets Medicare pricing for TearCare from Novitas and FCSO; $1,141.59 fee
Sight Sciences, Inc.
- Two MACs set jurisdiction-wide pricing for CPT 0563T (TearCare) at $1,141.59, effective Jan 1, 2025.
- Covers 10.4M estimated Medicare lives (~30% of FFS beneficiaries) across multiple states.
- Company plans to provide updated revenue and adjusted opex guidance on Q3 2025 earnings call.
- Sight Access Portal launched to assist providers with benefit verifications and prior authorizations.
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