Healthcare Industry News: RTI Surgical
News Release - December 11, 2018
Positive Payor Policy Covering coflex(R) by Select Health of South Carolina for the Surgical Treatment of Lumbar Spinal StenosisCoverage policy issued by Select Health of South Carolina
Select Health of South Carolina serves more than 364,000 lives
Policy exclusively covers coflex® Interlaminar Stabilization®
coflex® is a non-fusion, motion-preserving implant for treatment of lumbar spinal stenosis
Lumbar spinal stenosis affects 1.6 million U.S. patients annually
NEW YORK, Dec. 11, 2018 -- (Healthcare Sales & Marketing Network) -- Paradigm Spine, LLC, a leader in providing solutions for the treatment of lumbar spinal stenosis, today announced issuance of a Select Health of South Carolina Clinical Policy, dated September 1, 2018, for the exclusive coverage of the coflex® interlaminar stabilization device for the treatment of lumbar spinal stenosis in patients meeting certain eligibility criteria.
Marc Viscogliosi, Paradigm Spine Chairman & CEO, commented, "This payor coverage adds to our growing momentum, enabling expanded access to our unique coflex® solution, which is backed by more than 90 peer-reviewed published articles, including landmark long-term follow-up clinical studies, and coverage policy recommendations from spine medical societies."
On November 1, 2018, Paradigm Spine entered into a definitive agreement with RTI Surgical, Inc. whereby RTI will acquire all outstanding equity interest in Paradigm Spine. RTI has expressed its commitment to continue building coflex® into a therapy of choice for orthopedic surgeons given its demonstrated value and effectiveness for patients.
To learn more about coflex® Interlaminar Stabilization®, please visit www.coflexsolution.com.
About Paradigm Spine, LLC
Paradigm Spine, LLC, founded in 2004, is focused on the design and development of solutions for the disease management of spinal stenosis. The Company's signature product is the coflex® Interlaminar Stabilization® device, which is currently used in over 60 countries worldwide. coflex® is the only lumbar spinal device that has produced Level I evidence in two separate prospective, randomized, controlled studies against two different control groups, changing the standard of care for lumbar spinal stenosis treatment. On November 1, 2018, Paradigm Spine entered into a definitive agreement with RTI Surgical, Inc. whereby RTI will acquire all outstanding equity interest in Paradigm Spine. For additional information visit www.paradigmspine.com or www.coflexsolution.com.
Source: Paradigm Spine
Issuer of this News Release is solely responsible for its
Please address inquiries directly to the issuing company.