Pacira Announces UnitedHealthcare Provides Separate Reimbursement for Exparel
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 01 2026
0mins
Pacira (PCRX) announced that UnitedHealthcare (UNH) now provides separate reimbursement for Exparel across outpatient settings, including hospital outpatient departments and ambulatory surgery centers. This update enables Exparel to be reimbursed outside of the surgical bundle for eligible UnitedHealthcare members, representing an additional step in expanding access to non-opioid postsurgical pain management options. "While adoption will build over time, this milestone with UnitedHealthcare reflects important momentum towards expanding access to non-opioid pain management for patients across the country," said Frank D. Lee, chief executive officer of Pacira BioSciences. "UnitedHealthcare's commitment to ensuring patients have access to safe, effective non-opioid postsurgical pain management marks a meaningful step in prioritizing evidence-based alternatives to opioids. As reimbursement for EXPAREL continues to expand across Medicare and commercial payers, we are helping to remove the financial barriers that have historically limited access and supporting more patient-centered, clinically driven care decisions."
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Analyst Views on PCRX
Wall Street analysts forecast PCRX stock price to rise
6 Analyst Rating
4 Buy
1 Hold
1 Sell
Moderate Buy
Current: 25.820
Low
23.00
Averages
30.33
High
38.00
Current: 25.820
Low
23.00
Averages
30.33
High
38.00
About PCRX
Pacira BioSciences, Inc. is the holding company for its subsidiary, Pacira Pharmaceuticals, Inc. The Company has three commercial-stage non-opioid treatments: EXPAREL (bupivacaine liposome injectable suspension), a long-acting local analgesic approved for infiltration, fascial plane block, and as an interscalene brachial plexus nerve block, an adductor canal nerve block, and a sciatic nerve block in the popliteal fossa for postsurgical pain management; ZILRETTA (triamcinolone acetonide extended-release injectable suspension), an extended-release, intra-articular injection indicated for the management of osteoarthritis knee pain, and iovera, a handheld device for delivering immediate, long-acting, drug-free pain control using precise, controlled doses of cold temperature to a targeted nerve. The Company is also advancing the development of PCRX-201, a locally administered gene therapy with the potential to treat largely prevalent diseases like osteoarthritis.
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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- Use of Proceeds: Pacira plans to use the proceeds from this transaction to strengthen its balance sheet, indicating a strategic intent to optimize financial structure and enhance future investment capabilities.
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- Timeline for Completion: The transaction is expected to close in the third quarter of 2026, providing ample time for both companies to integrate resources and plan for subsequent business developments.
- Strategic Collaboration Outlook: The companies will also collaborate on advancing the spasticity program, with Pacira eligible for additional compensation upon successful completion of the registrational study and regulatory approval, which not only strengthens their partnership but also provides Pacira with a potential revenue stream.
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See More
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- Technology Transfer Assurance: Upon closing, Zimmer Biomet will obtain all rights for the development, manufacturing, and commercialization of iovera°, and Pacira will ensure a smooth transition through a customary transition services agreement, thereby reducing operational risks and optimizing resource allocation.
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