Oppenheimer Revises Inspire Medical Rating After Medicare Reimbursement Shift
Oppenheimer has adjusted its rating on Inspire Medical Systems from Outperform to Perform following a reversal by the Centers for Medicare & Medicaid Services (CMS) regarding reimbursement coverage for Obstructive Sleep Apnea. The change tempers expectations for revenue boosts linked to facility fees and average selling price adjustments, despite t…