A virtual reality company that invented a device that offers what it calls an immersive experience that helps patients battling chronic lower back pain said it hopes the government’s approval of the product will perhaps entice commercial health plans, self-insured employers and other payers to take a closer look, Fierce Healthcare reports.
The Centers for Medicare & Medicaid Services (CMS) labeled the product, RelieVRx, a durable medical device. AppliedVR, the manufacturer, now holds the distinction of being the first company to make an immersive therapeutic to be included in an existing benefit category. And because Medicare now covers the platform, other payers may follow suit. Read more.
