CMS Confirms Coverage of Kerecis Fish-Skin Products by Medicare [Yahoo! Finance]
COLOPLAST AS SP/ADR (CLPBY)
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Source: Yahoo! Finance
ARLINGTON, Va. & REYKJAVIK, Iceland, November 14, 2024 BUSINESS WIRE )--Kerecis, the pioneer in the use of fish skin and fatty acids for tissue regeneration and protection, today announced Medicare coverage approval of two of its products by the U.S. Centers for Medicare & Medicaid Services (CMS) in a new Local Coverage Determination (LCD). This LCD focuses on skin substitutes for the treatment of diabetic foot ulcers (DFU) and venous leg ulcers (VLU) in the Medicare population. CMS developed the LCD mechanism to create a policy consistent with current evidence of clinical efficacy. Kerecis products are on the list of covered products for diabetic foot ulcer (DFU) alongside 16 other products. 189 products have been eliminated from coverage. In addition, the application limit of the final policy has been expanded from 4 to 8 and the duration of treatment has been increased from 12 to 16 weeks from the initial draft of the policy. The implementation date of the final policy is set
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