Novasys Medical is looking good with their Cat. I CPT Code going into effect Jan. 1st and decent reimbursement for Renessa. Especially since Obama signed the bill delaying the Medicare cuts. Any news on possible acquisition?
Yes, it is a strong possibility. It would be a shame if the company name is changed--Novasys Medical is an AWESOME name.
Agreed! Now that they have good reimbursement this should be a no-brainer for one of the big boys who wants another option for treating women with stress incontinence, huge market!
Agreed, they still have a ways to go but Medicare, Aetna, Blue Shield of California and others are paying. And now with the FDA mesh advisories for slings and pelvic floor Renessa makes even more sense as a first step. If it doesn't work well enough the patient can still get a sling.
New three year data presented at AUGS is exciting! One of the sling companies should definitely buy this company.
Yeah, what a shame they didn't let the original management team keep it rolling instead of bringing in this idiot Scott Cramer as CEO. He has alienated all of the key doctors. Hard to believe he is still there