EBR Systems (ASX:EBR) Secures NTAP Reimbursement Approval
NTAP Reimbursement Proposal
The Centers for Medicare & Medicaid Services (CMS) is proposing approval of EBR Systems’ WiSE CRT System for the New Technology Add-On Payment (NTAP) for FY 2026. CMS has recommended that WiSE receive the maximum add-on payment of 65% of the device cost, in addition to the standard MS-DRG payment, fully covering the system’s cost. The NTAP award is subject to the final rule and will be effective from 1 October 2025, remaining in effect for three years once approved.
Commercialisation Strategy
This proposal marks a significant milestone in EBR Systems’ commercialization strategy, advancing towards US Medicare inpatient reimbursement. The company plans to apply for Transitional Pass-through (TPT) reimbursement to cover outpatient procedures soon.
Executive Comments
John McCutcheon, President & Chief Executive Officer, stated, “We are thrilled that CMS has proposed approval of NTAP reimbursement for the WiSE CRT System at the maximum rate of 65% of the device cost. This builds on today’s exciting news of FDA approval and brings us closer to delivering our unique technology to patients being treated as inpatients. We are anticipating that this will be finalised in Q3 of this year, which would further our US commercialisation strategy to accelerate market adoption and enable widespread access in the US.”
Motley Fool contributor Abbie Stokes has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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