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EBR Systems secures comprehensive reimbursement for WiSE CRT System

September 22, 2025 at 10:16 AM UTCBy FilingReader AI

EBR Systems, developer of the world's only wireless endocardial cardiac pacing device, has received final CMS approval for Transitional Pass-Through (TPT) reimbursement for its WiSE CRT System. Effective October 1, 2025, this TPT status, alongside the previously approved New Technology Add-On Payment (NTAP) for inpatient use, provides comprehensive Medicare reimbursement for both outpatient and inpatient settings. TPT payments will align with a $63,300 average sales price, covering the cost of the WiSE system and reducing financial barriers for hospitals.

This dual reimbursement strategy addresses a $3.6bn total addressable market in the US, including patients with acute lead failure, high-risk upgrades, and chronic lead failure. EBR Systems, an ASX-listed company since 2021, aims to leverage this market opportunity with a disciplined commercialization strategy, focusing on high-volume US sites and supported by its new state-of-the-art 51,000 sq ft manufacturing facility in Santa Clara, California, expected to be fully operational by H1 2026. The company’s WiSE technology is protected by over 97 issued patents globally.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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