Pricing PressureThe proposed CMS change would force CVRX to lower the average selling price from $29,000-$30,000 to about $25,000 for Medicare patients.
Regulatory ChangesReimbursement for Barostim in the outpatient setting will be reduced from $45,000 to around $31,000.
Sales PerformanceQ1 results fell short of expectations due to unexpected sales force turnover, negatively impacting morale and performance.