Brief: Myomo Provides Update On Myopro Insurance Reimbursement

MYOMO

10/01/2022 13:47

Jan 10 (Reuters) - Myomo Inc  MYO.A :
    * MYOMO PROVIDES UPDATE ON MYOPRO® INSURANCE REIMBURSEMENT
    * MYOMO INC - ABOUT 90% OF CLAIMS THAT WERE DENIED WITH
DATES OF
SERVICE IN SEPTEMBER AND OCTOBER 2021 HAVE BEEN PAID, EITHER IN
WHOLE OR IN PART
    * MYOMO INC - UPDATE ON REIMBURSEMENT FOR ITS MYOPRO DEVICE
BY A
LARGE PRIVATE PAYER THAT WAS DENYING PRE-AUTHORIZED CLAIMS
    * MYOMO INC - PAYER CONTINUES TO PRE-AUTHORIZE NEW DEVICES
FOR
PATIENTS.
    * MYOMO INC - DOES NOT INTEND TO CHANGE ITS REVENUE
RECOGNITION
PRACTICE AS IT RELATES TO PAYER

Source text for Eikon:  ID:nBw3vprGha 
Further company coverage:  MYO.A 

 ((Reuters.Briefs@thomsonreuters.com;))