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ReWalk Robotics introduced that the Facilities for Medicare & Medicaid Providers (CMS) finalized a rule benefitting its exoskeleton expertise.
Earlier this yr, CMS launched a proposal aiming to determine new regulatory definition of “brace.” Including the definition of brace would expedite protection and fee for newer expertise and powered gadgets, in accordance with CMS. This doubtlessly allows quicker entry to the newer applied sciences, like these made by ReWalk and Myomo as effectively.
CMS launched the proposal on June 30. ReWalk applauded it because it contains private exoskeletons within the Medicare profit class for braces. Advantages would lengthen to the ReWalk Private Exoskeleton platform, which permits paralyzed sufferers to face and stroll.
Now, CMS has finalized the Calendar 12 months 2024 Residence Well being Potential Fee System Rule CMS-1780 (“2024 Residence Well being Rule”) which solidifies the inclusion of exoskeletons within the Medicare brace profit class. The ultimate rule, launched by CMS on Nov. 1, goes into impact on Jan. 1, 2024.
Within the rule, CMS says the exoskeleton modifications can expedite protection and fee for newer expertise and powered gadgets. Notably, it may assist these with disabilities related to muscular and/or neural situations. The rule finalizes a transparent protection pathway reimbursed by Medicare on a lump-sum foundation.
“Finalization of this rule by CMS is a significant milestone in our efforts to increase entry to this life-changing expertise for the substantial proportion of the spinal twine damage neighborhood with Medicare protection,” mentioned Larry Jasinski, CEO of ReWalk Robotics. “The choice by CMS to incorporate private exoskeletons inside an current profit class to be able to expedite Medicare protection and fee is a crucial validation of the optimistic affect of exoskeletons, and a message that innovation issues in Medicare coverage selections.”
Editor’s Be aware: This text was republished from our sister website MassDevice.