Ekso Bionics supports CMS proposal for personal exoskeletons

Ekso Bionics Holdings supports the Centers for Medicare & Medicaid Services proposal to include personal exoskeletons in the Medicare benefit category for braces in the updated 2024 Home Health Prospective Payment System Rate. The proposed CMS rule would codify the longstanding Medicare definition of brace to provide clarification on the scope of the Medicare Part B benefit for leg, arm, back, and neck braces, and as a result, would classify certain exoskeleton-type devices as braces for Medicare payment purposes. Currently, of the 294,000 individuals with spinal cord injury prevalence only 56% of are covered by Medicare or Medicaid five years post injury.2 If approved, the proposed rule could significantly expand the addressable market for Ekso Indego Personal.