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Arthrocare Gets No Medicare Love

Stock quotes in this article: ARTC  

The federal government hasn't been Arthrocare's (ARTC Quote) friend.

The Centers for Medicare and Medicaid Services delivered the latest blow this week, when it issued a dreaded "non-coverage determination" for surgeries involving Arthrocare's best-selling spine device. Following a review, CMS determined that "the evidence does not demonstrate that thermal intradiscal procedures improve health outcomes." The agency specifically included percutaneous disc decompression (PDD) in that group.

Arthrocare sells its popular SpineWands for that very surgery. ...

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