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ITMR

Itamar Medical

$8.02

-0.19 (-2.31%)

08:45
11/04/19
11/04
08:45
11/04/19
08:45

Itamar Medical announces WatchPAT inclusion in BSC, BCBS FEP policies

Itamar Medical announced that Blue Shield of California and the Blue Cross Blue Shield Federal Employee Plan have included WatchPAT as a covered home sleep apnea diagnostic test. The Company also announced the release of the U.S. Centers for Medicare & Medicaid Services 2020 Fee Schedule which is the second year of a 3-year proposed plan by CMS to reevaluate reimbursement in home sleep apnea diagnostic codes. The changes made in the 2020 Fee Schedule are expected to continue to support and expand the broad use of its WatchPAT technology. In October 2019 both BSC, a health plan that covers approximately 3.7 million lives, and BCBS FEP, a health plan that covers approximately 5.3 million lives, updated their policies to include WatchPAT based on the PAT technology with oximetry and actigraphy, as a covered home sleep apnea diagnostic test. This inclusion of WatchPAT and PAT technology follows an assessment of Diagnosis and Medical Management of Obstructive Sleep Apnea Syndrome recently released by Blue Cross Blue Shield Association Evidence Street.

ITMR Itamar Medical
$8.02

-0.19 (-2.31%)

08/06/19
LTCO
08/06/19
INITIATION
Target $18.25
LTCO
Buy
Itamar Medical initiated with a Buy at Ladenburg
Ladenburg Thalmann analyst Jeffrey Cohen started Itamar Medical with a Buy rating and $18.25 price target. Itamar is an Israel-based medical device company focused on the diagnosis of obstructive sleep apnea in cardiology patients, Cohen tells investors in a research note. The company's key product, WatchPAT, is commercially available in the U.S., Japan, and Europe. The WatchPAT device currently has the greatest reimbursement where alternative technology saw a reimbursement decline of upwards of 19% contends the analyst. He believes this demonstrates the technological and economical advantages of the WatchPAT.
08/29/19
AGPP
08/29/19
INITIATION
Target $15.5
AGPP
Buy
Itamar Medical initiated with a Buy at Alliance Global Partners
Alliance Global Partners started Itamar Medical with a Buy rating and $15.50 price target.

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