CMS Proposes Expanded Coverage for Edwards Lifesciences' TAVR
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 3 days ago
0mins
The Centers for Medicare and Medicaid Services released a national coverage analysis, proposing to cover transcatheter aortic valve replacement for symptomatic severe aortic valve stenosis without the coverage with evidence development requirement, expand coverage of TAVR to asymptomatic severe aortic stenosis, and revise coverage criteria related to pre-procedural patient assessment, intraoperative requirements, and operator and hospital procedural volume requirements. The CMS proposed that TAVR for severe aortic stenosis is covered when furnished with a complete aortic valve and implantation system that has received Food and Drug Administration premarket approval for that system's FDA-approved indication. Shares of Edwards Lifesciences are up 3% to $89.23 in premarket trading.
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Analyst Views on EW
Wall Street analysts forecast EW stock price to rise
24 Analyst Rating
16 Buy
8 Hold
0 Sell
Moderate Buy
Current: 86.680
Low
84.00
Averages
96.52
High
105.00
Current: 86.680
Low
84.00
Averages
96.52
High
105.00
About EW
Edwards Lifesciences Corporation is the global structural heart company. The Company partners with clinicians and researchers and invests in research and development to improve care for those impacted by structural heart disease. Its product categories include Transcatheter Aortic Valve Replacement (TAVR), Transcatheter Mitral and Tricuspid Therapies (TMTT), and Surgical Structural Heart. It provides transcatheter heart valve replacement technologies designed for the minimally-invasive replacement of aortic heart valves. TAVR category includes the Edwards SAPIEN 3, the Edwards SAPIEN 3 Ultra and the Edwards SAPIEN 3 Ultra RESILIA systems. TMTT category includes the PASCAL Precision transcatheter repair system, EVOQUE tricuspid valve replacement system and Cardioband tricuspid valve reconstruction system. Its INSPIRIS RESILIA aortic valve, offers RESILIA tissue and VFit technology. It is managed in various geographical regions, such as United States, Europe, Japan and Rest of World.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Medicare Coverage Expansion: The U.S. Centers for Medicare & Medicaid Services proposed expanding coverage for transcatheter aortic valve replacement (TAVR) to include asymptomatic severe aortic stenosis, significantly enhancing Edwards Lifesciences' market potential.
- Positive Competitor Response: Rivals Medtronic and Abbott Laboratories also saw their shares rise in response to the proposal, indicating a broader market optimism in the TAVR space that could further drive industry growth.
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- Increased Investor Confidence: Evercore ISI analysts argue that the proposal is extremely bullish for Edwards Lifesciences, with expectations of a low-to-mid single-digit percentage increase in stock price, reflecting market optimism regarding the company's future growth prospects.
See More
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- Fed Meeting Focus: The market is turning its attention to the two-day FOMC meeting, where rates are expected to remain unchanged, but the press conference led by new Chair Kevin Warsh will be crucial, as investors will look for insights on future inflation outlook and policy direction.
See More
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- Strong Growth Momentum: In Q1 2026, the company's heart-related therapies business posted approximately 42% year-over-year growth, prompting an upward revision of full-year sales growth guidance to 9%-11%, with projected revenues between $6.5 billion and $6.9 billion, reflecting robust market demand.
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