ReWalk secures Medicare insurance code for its exoskeleton
Photo | Courtesy of ReWalk
A demonstration of ReWalk's exoskeleton systems
ReWalk Robotics of Marlborough has secured an insurance code for its ReWalk personal exoskeleton from the Centers for Medicare and Medicaid Services.
The new code will go into effect on Oct. 1 and will help the medical device manufacturer facilitate insurance claim submissions and processing for its exoskeleton, according to a release. This is the first code of this kind for exoskeletons.
The company intends to work with payers such as Medicare, state Medicaid and private insurers to establish an appropriate payment rate and pursue coverage policies for personal ownership of ReWalk devices, according to the company. If these coverage policies are established, those who meet the inclusion criteria as established by the U.S. Food & Drug Administration and complete the training program will have a pathway to seek a ReWalk personal exoskeleton for use at home.
According to the National Spinal Cord Injury Statistical Center, there are an estimated 294,000 persons in the United States living with a spinal cord injury, roughly half of which are classified as paraplegic.
WBJ Web Partners
Most Recent
Most Recent
0 Comments