BTC Health (ASX: BTC) has reached an exciting milestone: the drug infusion pumps from its investee company, BTC Specialty Health Pty Ltd, have been officially included on the Prescribed List of Medical Devices, effective 01 November 2024. This landmark decision guarantees automatic reimbursement from private health insurers for hospitals utilizing these cutting-edge infusion pumps.
The newly established reimbursement codes apply to the Elasto-Q pump, the only soft-shell, variable flow rate, single-use infusion pump on the market, along with the advanced electronic Rhythmic Evolution pump, celebrated for its multifunctionality and reusability. Executive Chairman and Managing Director Dr Richard Treagus said it is incredibly proud to secure reimbursement for its innovative products. This ensures reliable access for hospitals and their patients. The team is eager to transition its customers to these state-of-the-art drug infusion technologies, assured that they will be fully covered by private health insurance.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
