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Piper says Sight Sciences, Paragon 28 codes rated higher in CMS proposal

Piper says Sight Sciences, Paragon 28 codes rated higher in CMS proposal

Piper Sandler analyst Matt O’Brien notes the Centers for Medicare & Medicaid Services’ outpatient prospective payment system proposal this morning suggests overall rates to be up about 2.6% for calendar year 2025, though several codes rated higher in the ASC proposed rules include Sight Sciences (SGHT), Paragon 28 (FNA) and Inari Medical (NARI). On the negative side, CVRx (CVRX) is facing a potential reimbursement cut for Barostim procedures, the analyst noted.

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