so further to the changes in reimbursement rates, IRTC will pull its Zio product from Medicare and in turn take a $44m hit or 15% downgrade to revenue.
so can GMed fill some of this gap? Can the patch, prizma or any of their third party products get a share of this Medicare business?
IRTC share price has been smashed from around $260 to $80 as a result. IRTC is a 1 product company operating solely in the US.
GMV Price at posting:
3.9¢ Sentiment: Hold Disclosure: Held
