TenFolds
Sep 27, 7:05 PM
$SNWV after revising my gemini prompts, SNWV does not stand to gain financially from catheter innovations llc as it sold the remainder of it's stake in 2025. Gemini may not be the most accurate, but SNWV hasn't released a statement. Was in at my current level before news of the lawsuit came out as I've worked in healthcare finance, and I don't see how CMS can maintain it's reimbursement cut; it was based on incorrect information, replacing the price of a procedure kit + capex and opex technical fees with the price of a single component of the kit, making offering the procedure a massive loss for the provider, and would basically exclude medicare patients from receiving a medically necessary therapy with undisputed effectiveness. It will 10x+ the cost of wound care to treat these patients in the hospital setting, so there is no economic basis for CMS to sustain the reimbursement cut.
0 replies