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Article: CMS Approves New Technology Add-On Payment for Spiration[R] IBV Valve System.
- Article from:
- Business Wire
- Article date:
- August 3, 2009
CopyrightCOPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Approval Recognizes Humanitarian Use of IBV Valve System as a Substantial Clinical Improvement for Controlling Prolonged Post-Operative Air Leaks
REDMOND, Wash. -- Spiration, Inc., a developer of novel medical devices designed to benefit patients with acute and chronic conditions of the lung, announced today that the Centers for Medicare and Medicaid Services (CMS) has approved a new technology add-on payment (NTAP) for IBV([R]) Valve System use in the hospital inpatient setting to control prolonged air leaks or air leaks likely to become prolonged following lobectomy, segmentectomy or lung volume reduction surgery. The IBV Valve received a Humanitarian Device ...