tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Zynex notified by Tricare that temporary payment suspension will continue

Zynex (ZYXI) received an update from Tricare that the temporary payment suspension will continue. “As we previously announced, we were notified of a temporary suspension of payments from our largest insurance customer, Tricare,” said CEO Thomas Sandgaard. “We appealed the temporary suspension and met with Tricare officials in April where we presented our data and evidence as to why the payment suspension should be lifted. We received a response from Tricare, and they have decided to continue the temporary suspension while they conduct further review. As such, the temporary payment suspension will continue until Tricare makes its final decision.”

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1