Thinly traded micro cap SI-BONE (SIBN +10.7%) is up average volume in response to an increase in Medicare’s Physician Fee Schedule for minimally invasive sacroiliac joint fusion procedures (CPT Code 27279), commonly performed with the company’s iFuse Implant System.
The change, effective January 1, 2020, raises the Work Relative Value Units (reflects the resources used to provide the service) associated with the Code to 12.13 from 9.03. The overall surgeon payment will go up to $915 from $720.
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