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CMS update ‘directionally positive’ for Inspire Medical, says KeyBanc

KeyBanc notes that CMS issued an update on six new HCPCS codes for Obstructive Sleep Apnea -Hypoglossal Nerve Stimulation procedures, mapping the Inspire V specific new C-code at parity with HCPCS 64582, which the firm views as a “directionally positive update.” The firm keeps a Sector Weight rating on Inspire Medical (INSP) shares.

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