Envoy Medical (COCH) announced that the American Medical Association, AMA, Current Procedural Terminology, CPT, Editorial Panel has approved five Category III CPT codes for totally implantable active middle ear implants, AMEI, a crucial development for the Company’s already FDA-approved Esteem product. This marks the first time that there will be CPT codes for totally implantable active middle ear hearing implants like the Esteem device. With a new set of CPT codes, a path to reimbursement for the breakthrough Esteem Fully Implanted Active Middle Ear Implant, FI-AMEI, may begin to take shape.
Don't Miss out on Research Tools:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on COCH:
- Envoy Medical initiated with a Buy at Brookline
- Envoy Medical celebrates one year trading as public company
- Envoy Medical investor discusses Apple AirPods Pro 2 hearing aid announcement
- Envoy Medical awarded patent for recharge system used with implantable battery
- Envoy Medical secures lending facility of $10M