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Stock impact report

EyePoint Pharmaceuticals Announces Early Assignment of Permanent and Specific J-Code J7314 for YUTIQ® by the Center for Medicare and Medicaid Services (CMS)

EyePoint Pharmaceuticals, Inc. (EYPT) 
Last eyepoint pharmaceuticals, inc. earnings: 3/5 07:00 am Check Earnings Report
Company Research Source: GlobeNewswire
WATERTOWN, Mass., July 25, 2019 (GLOBE NEWSWIRE) -- EyePoint Pharmaceuticals, Inc. (NASDAQ: EYPT), a specialty biopharmaceutical company committed to developing and commercializing innovative ophthalmic products, today announced that the Centers for Medicare and Medicaid Services (CMS) has assigned a specific and permanent reimbursement J-code, J7314, through the Healthcare Common Procedure Coding System (HCPCS) for YUTIQ® (fluocinolone acetonide intravitreal implant) 0.18 mg three-year micro-insert for chronic, non-infectious uveitis affecting the posterior segment of the eye. The code, J7314, will become effective one quarter early on October 1, 2019. “We are very pleased with CMS’s decision to begin issuing certain J-codes quarterly, versus the prior policy of annually, which has now resulted in YUTIQ receiving its specific and permanent code effective October 1, 2019. This is one quarter earlier than under the prior CMS policy. YUTIQ reimbursement is currently being processed t Show less Read more
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