Health Care Service Corporation Adds First-Line TMS Coverage for Adolescents
Neuronetics, Inc. (STIM)
Last neuronetics, inc. earnings: 3/3 06:00 am
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Source: GlobeNewswire
MALVERN, Pa., Sept. 25, 2024 (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM), a medical technology company focused on designing, developing, and marketing products that improve the quality of life for patients who suffer from neurohealth disorders, announced that Health Care Service Corporation (HCSC) has expanded access to TMS (transcranial magnetic stimulation) for adolescents 15 and older with major depressive disorder (MDD). This policy parallels the recent clearance by the Food and Drug Administration for NeuroStar TMS Therapy as a first-line add-on treatment for this age group. HCSC, a Mutual Legal Reserve Company, is an independent licensee of the BlueCross BlueShield (BCBS) Association and the largest customer-owned health insurer in the United States. The TMS policy, which already covered adults 18+ after two medication trials and psychotherapy, now also covers TMS for adolescents 15-17 as a first-line treatment, meaning that the patient does not need a medication fai
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