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Bullish for healthcare/bio/pharma. Also bullish for AI.
The Centers for Medicare and Medicaid Services expects to accept five device candidates into the coverage pathway per year.
The temporary coverage could last for five or more years as evidence is gathered. When the research is finished, a third-party contractor will review the data, then CMS will make a long-term coverage determination.
The final plan hews to a proposal CMS put out last year but has some changes. For example, CMS will review nominations for devices to be included in the pathway on a quarterly basis, instead of within 30 days of submission.
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