ReWalk Robotics Presents on Personal Exoskeleton Pricing at Medicare Public Meeting
ReWalk supports “gap-filling” pricing method proposed by CMS
MARLBOROUGH, Mass. and BERLIN and YOKNEAM ILLIT, Israel, Nov. 30, 2023 (GLOBE NEWSWIRE) — ReWalk Robotics, Ltd. (Nasdaq: RWLK)
ReWalk Robotics, a leading provider of innovative technologies that enable mobility and wellness in rehabilitation and daily life for individuals with mobility impairments, recently presented on the topic of personal exoskeleton pricing at a Medicare public meeting. The company expressed its support for the “gap-filling” pricing method proposed by the Centers for Medicare & Medicaid Services (CMS), emphasizing the importance of using up-to-date pricing information to ensure fair and accurate reimbursement for these life-changing devices.
The presentation highlighted the impact of personal exoskeletons on individuals with mobility impairments, showcasing how these innovative technologies can provide increased independence, improved quality of life, and enhanced overall well-being. By supporting the CMS’s “gap-filling” pricing method, ReWalk is advocating for policies that will make personal exoskeletons more accessible to those who can benefit from them.
Personal exoskeletons represent a significant advancement in assistive technology, allowing individuals with mobility impairments to stand, walk, and navigate their environments with greater ease and confidence. These devices have the potential to revolutionize rehabilitation and daily life for people with spinal cord injuries, stroke, multiple sclerosis, and other conditions that affect mobility.
ReWalk’s commitment to ensuring fair and equitable pricing for personal exoskeletons aligns with its mission to empower individuals with mobility impairments to reach their full potential and live life to the fullest. By participating in discussions around pricing and reimbursement, the company is working to remove barriers to access and make these life-changing technologies more widely available.
How will this impact me?
As an individual with a mobility impairment, the support for the “gap-filling” pricing method by ReWalk Robotics and CMS could have a direct impact on your ability to access and afford a personal exoskeleton. By advocating for fair and accurate pricing, these organizations are working to make these innovative technologies more accessible to those who can benefit from them, potentially improving your quality of life and overall well-being.
How will this impact the world?
The support for the “gap-filling” pricing method by ReWalk Robotics and CMS has the potential to have a significant impact on the world by increasing access to personal exoskeletons for individuals with mobility impairments. By advocating for fair and equitable pricing, these organizations are helping to remove barriers to access and promote greater independence and inclusion for people with disabilities. This could lead to a more inclusive society where individuals of all abilities have the opportunity to live life to the fullest.
Conclusion
In conclusion, ReWalk Robotics’ presentation on personal exoskeleton pricing at the Medicare public meeting underscores the importance of using up-to-date pricing information to ensure fair reimbursement for these life-changing devices. By supporting the CMS’s “gap-filling” pricing method, the company is advocating for policies that will make personal exoskeletons more accessible to individuals with mobility impairments. This commitment to equitable pricing aligns with ReWalk’s mission to empower individuals to reach their full potential and live life to the fullest.
