Confident Buy Rating for Irhythm Technologies Amidst LCD Concerns and Market Expansion OpportunitiesWe caught up with IRTC after it became a focus for investors yesterday. This isn’t new news given it was in the 10Q and we would expect the language in the proposed LCD to be changed, as we go through below, so we don’t view this as a big risk for IRTC. We maintain our Buy as strong execution in the core business continues, TAM expansion opportunities increasingly contribute to growth, and profitability improves. Proposed LCD implications for LTCM and timing The proposed LCD applies to ambulatory cardiac monitoring broadly but inadvertently applies requirements for MCT to other modalities including LTCM, Holter and event monitoring. The biggest potential implication is 24-hour monitoring for LTCM. The main risk is IRTC’s business model from a cost perspective is not set up for 24-hour LTCM.