Search This Blog

Thursday, August 10, 2023

Organogenesis Withdraws Fiscal Year 2023 Guidance

 The Company is withdrawing its previously announced fiscal year 2023 guidance, originally issued on May 10, 2023, due to the uncertainty resulting from the potential impact of the recently published local coverage determinations from Novitas, First Coast Services and CGS to limit coverage for treatment of diabetic foot ulcers (DFU) and venous leg ulcers (VLU) to include only Apligraf and Dermagraft. The Company is currently unable to predict the impact that the recently published local coverage determinations will have on its financial position and operating results.

https://finance.yahoo.com/news/organogenesis-holdings-inc-reports-second-200500092.html

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.