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Benzinga
Benzinga
Business
Vandana Singh

SHOCKING: Medtronic stock is climbing friday what s going on | Mind Blowing Facts

Chicago,,Illinois,,Usa,,Aug,31,,2023,,Medtronic,Tech:,A,Symbol

On Wednesday, the Centers for Medicare & Medicaid Services (CMS) proposed a significant step toward broader adoption of renal denervation (RDN) by offering coverage for both radiofrequency (rfRDN) and ultrasound (uRDN) technologies for uncontrolled hypertension. This coverage would be granted under a Coverage with Evidence Development (CED) framework, requiring treatment within CMS-approved studies.

This proposal follows Medtronic Plc’s (NYSE:MDT) request for a national coverage determination for renal denervation in December 2024. RDN is a procedure that reduces activity in the renal nerves, located in the kidneys, to help lower blood pressure.

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