financetom
Business
financetom
/
Business
/
Medtronic Says Centers for Medicare & Medicaid Services Opening National Coverage Analysis on Renal Denervation
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Medtronic Says Centers for Medicare & Medicaid Services Opening National Coverage Analysis on Renal Denervation
Jan 14, 2025 7:30 AM

10:11 AM EST, 01/14/2025 (MT Newswires) -- Medtronic ( MDT ) said late Monday that the US Centers for Medicare & Medicaid Services, or CMS, is introducing a national coverage analysis on renal denervation.

The CMS will evaluate and develop a national Medicare coverage policy for renal denervation methods for patients with hypertension, the company added.

The agency initiated this analysis in response to the company's request for supporting Medicare beneficiary access to the symplicity spyral renal denervation system, Medtronic ( MDT ) said.

The CMS expects to complete the national coverage analysis on Oct. 11, according to Medtronic ( MDT ).

Shares of Medtronic ( MDT ) were up 3% in recent Tuesday trading.

Price: 84.29, Change: +2.50, Percent Change: +3.06

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
$1M Bet On Skyworks Solutions? Check Out These 3 Stocks Insiders Are Buying
$1M Bet On Skyworks Solutions? Check Out These 3 Stocks Insiders Are Buying
May 3, 2024
Although U.S. stocks closed higher on Thursday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company’s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an...
Alaska Air Receives $61 Million Compensation in Supplier Credit Memos from Boeing
Alaska Air Receives $61 Million Compensation in Supplier Credit Memos from Boeing
May 3, 2024
09:02 AM EDT, 05/03/2024 (MT Newswires) -- Alaska Air Group ( ALK ) said Friday that it received $61 million in supplier credit memos from Boeing ( BA ) to compensate for the temporary grounding of 737-9 Max planes. The credit memos can be used on future Boeing ( BA ) purchases, Alaska Air ( ALK ) said in a...
Exxon Mobil Completes Acquisition of Pioneer Natural Resources
Exxon Mobil Completes Acquisition of Pioneer Natural Resources
May 3, 2024
09:03 AM EDT, 05/03/2024 (MT Newswires) -- Exxon Mobil ( XOM ) said Friday it has closed its acquisition of Pioneer Natural Resources ( PXD ) . The acquisition more than doubles Exxon's Permian production volume to 1.3 million barrels of oil equivalent per day, which is expected to increase to approximately 2 million in 2027, the company said. The...
US FTC seeks more information on Novo Nordisk parent-Catalent deal
US FTC seeks more information on Novo Nordisk parent-Catalent deal
May 3, 2024
(Reuters) - The U.S. Federal Trade Commission has sought additional information about a $16.5 billion deal by Novo Nordisk's parent to buy manufacturing subcontractor Catalent ( CTLT ). The deal was announced in February and Novo Nordisk Foundation has since refiled its application to the U.S. FTC seeking regulatory approval for it. Catalent ( CTLT ) in a regulatory filing...
Copyright 2023-2026 - www.financetom.com All Rights Reserved