VTAK.... News Release this a.m Catheter Precision ¢ € ™s VIVO is Now Eligible for National Reimbursement in the UK
2023-10-12 05:02 ET - News Release
The National Health System England Grants VIVO™ Additional Reimbursement
FORT MILL, SC / ACCESSWIRE / October 12, 2023 / Catheter Precision, Inc. (the "Company") (NYSE American:VTAK), an innovative US-based medical device Company dedicated to improving the lives of patients with cardiac arrhythmias, announces that its VIVO 3D mapping system has been granted national reimbursement in the UK after inclusion in the High-Coast Tariff Excluded Devices (HCTED). VIVO enables physicians to identify the origin of ventricular arrhythmias pre-procedure, streamlining workflow and reducing procedure time.
Dr. Moloy Das consultant Cardiologist & Electrophysiologist at the Freeman Hospital located in Newcastle, UK says, "I am delighted that VIVO is now available via the HCTED/Specialized Services Devices program. This will allow greater access to this technology for patients who would benefit from its use in their procedure."
HCTED is a nationwide purchase and supply system for the National Health Service England (NHS England) designed to pay for products that qualify for separate payment from the national budget for medical procedures. Hospitals are now able to bill the cost of the of the single use component directly to the NHS.
Patricia Kennedy, Chief Commercial Officer said, "Over the last couple of years we have created a footprint with several hospitals utilizing our VIVO technology. Now that VIVO has been accepted to HCTED, we believe this will further support the adoption of the VIVO technology and allow for greater market access and expanded reimbursement."
About VIVO
Catheter Precision's VIVO™ (View Into Ventricular Onset), is a non-invasive 3D imaging system that enables physicians to identify the origin of ventricular arrhythmias pre-procedure, thereby streamlining workflow and reducing procedure time. VIVO has received marketing clearance from the U.S. FDA and has the CE mark.
About Catheter Precision
Catheter Precision is an innovative U.S.-based medical device company bringing new solutions to market to improve the treatment of cardiac arrhythmias. It is focused on developing groundbreaking technology for electrophysiology procedures by collaborating with physicians and continuously advancing its products. Reincorporated as Ra Medical Systems, Inc. in Delaware in 2018, the Company changed its name to Catheter Precision, Inc. on August 17, 2023.
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