You will find that the VCR headline, "Reimbursment Decision for Left Ventricular Devices", was extremely misleading given the time it was made & the fact that the body of the announcement was not available before market closure. That headline is suggesting that the decision has been made when in fact it has not.
It is more so misleading when added to the following extract from Thoratec's announcement which was made yesterday.
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"We still have not been notified regarding the pending National Coverage Decision for Destination Therapy, but our discussions with CMS continue to be very positive and we are hopeful that they will issue their decision in the very near future," said D. Keith Grossman, president and chief executive officer of Thoratec.
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