Well this would explain why SGHT has been rallying the past week...
The insurers have basically established a new minimum. There was still uncertainty as to what would be next after the LCD was pulled, now they have basically confirmed continued coverage for canaloplasty. Of course the industry will look to negotiate even better terms, but this is pretty exciting as a minimum.
Hopefully this helps increase the market's confidence in the outlook, and we can finally get the long overdue rerate!
Ann: USA Medicare Update, page-2
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