Medtronic shares rise on CMS coverage analysis By Investing.com
Investing.com — Shares of Medtronic plc (NYSE:) climbed 3% after the company announced that the Centers for Medicare & Medicaid Services (CMS) has initiated a national coverage analysis (NCA) for its Symplicity Spyral Renal Denervation System, a device designed to treat patients with hypertension.
The announcement was made by Medtronic, a global leader in healthcare technology, stating that the CMS decision was a response to Medtronic’s request to support Medicare beneficiary access to the Symplicity Spyral system. The system is currently used in the Symplicity blood pressure procedure, which is a minimally invasive treatment option for hypertension. The CMS’s action is seen as a positive step toward establishing a national Medicare…
