LivaNova: CMS Proposes to Reimburse VNS Therapy for Depression but Requires New Clinical Evidence
On Nov. 19, the Centers for Medicare and Medicaid Services, or CMS, released its proposed decision regarding LivaNova's request to reconsider its longtime position of refusing reimbursement of vagus nerve stimulation, or VNS, therapy in patients suffering from treatment-resistant depression. While we've highlighted multiple avenues CMS could take in prior notes, we think the proposal for coverage with evidence development is a reasonable outcome for patients and for the company. We've been more ...LivaNova is a medical device company focused on the development and delivery of therapeutic solutions. Co. has three product franchises: Neuromodulation, which engaged in the design, development and marketing of neuromodulation therapy for the treatment of drug-resistant epilepsy and treatment resistant depression; Cardiac Surgery, which engaged in the development, production and sale of cardiovascular surgery products; and Cardiac Rhythm Management, which engaged in the development, manufacturing and marketing of products for the diagnosis, treatment, and management of heart rhythm disorders and heart failure.
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