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Stock impact report

Iridex Comments on Changing Glaucoma Reimbursement Landscape [Yahoo! Finance]

IRIDEX Corporation (IRIX) 
Last iridex corporation earnings: 3/12 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
even coincident to MIGS procedures. (Source: Kevin LaMarche, Iridex's Senior Director of Clinical Affairs) The LCD appears designed to end the practice of stacking one form of treatment on top of another, and physicians will increasingly look for non-MIGS procedures, such as Iridex's MicroPulse and Continuous Wave TLT, as they seek to mitigate progression of the disease. (Source: Patrick Mercer, Iridex's CEO) The final LCD, L37531, provides the following reimbursement limitations: MIGS is not considered a first line treatment for mild-moderate glaucoma; a combination of a surgical MIGS procedure and an aqueous shunt cannot be performed at the same time of service in the same eye; and phacoemulsification/intraocular lens placement performed with a combination of MIGS procedures at the same time of service in the same eye is non-covered. (Source: Iridex Corporation's press release) The new LCD clarifies that treatments performed using Iridex's laser consoles and probes are not MIG Show less Read more
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