Helius Medical Technologies Announced It Secured HCPCS Codes for Portable Neuromodulation Stimulator Mouthpiece And Controller
Portfolio Pulse from Charles Gross
Helius Medical Technologies announced it has secured HCPCS codes for its Portable Neuromodulation Stimulator (PoNS) mouthpiece and controller, a significant step for reimbursement and accessibility in the healthcare market.
March 04, 2024 | 12:08 pm
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Helius Medical Technologies securing HCPCS codes for its PoNS device is a crucial regulatory milestone, likely enhancing its market accessibility and insurance reimbursement prospects.
Securing HCPCS codes is a critical step for medical devices as it facilitates billing with Medicare and other insurers, potentially leading to increased adoption and sales. Given the importance of insurance coverage for medical technologies, this development is likely to positively impact Helius Medical Technologies' market position and financial performance in the short term.
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