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Monday, November 27, 2023

Iridex: Broader Medicare Coverage of Cyclophotocoagulation

  Iridex Corporation (NASDAQ: IRIX), a worldwide leader providing innovative and versatile laser-based medical systems, delivery devices, and procedure probes for the treatment of glaucoma and retinal diseases, today announced its successful advocacy for revision of the recently issued Medicare Local Coverage Determinations (LCDs) for Cyclophotocoagulation (CPC).

During the last few days, the five Medicare Administrative Contractors (MACs) that issued the new LCDs have all corrected errors in criteria for coverage of CPC resulting in significantly broader patient qualification in the jurisdictions of these MACs.

https://www.globenewswire.com/news-release/2023/11/27/2786204/0/en/Iridex-Corporation-Announces-Successful-Appeal-for-Revision-of-Recent-Medicare-LCDs-to-Provide-Broader-Coverage-of-Cyclophotocoagulation.html

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