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Stock impact report

NeurAxis Announces New Medical Policy Coverage in North Dakota [Yahoo! Finance]

Neuraxis, Inc. (NRXS) 
Company Research Source: Yahoo! Finance
commercializing neuromodulation therapies addressing chronic and debilitating conditions in children and adults, today announced the publication of medical policy coverage for Percutaneous Electrical Nerve Field Stimulation (PENFS), effective 05/06/2024, with a Blue Cross Blue Shield (BCBS) licensee in North Dakota. The BCBS licensee is the largest provider of health care coverage in North Dakota, insuring and/or administering claims for over 310,000 people, effective May 6, 2024. IB-Stim™ is a non-surgical device that sends gentle electrical impulses into cranial nerve bundles in the ear. Neuraxis' PENFS technology is FDA-cleared for functional abdominal pain associated with irritable bowel syndrome (IBS) in adolescents 11-18 years old. There are currently no FDA-approved drug therapies for children with abdominal pain-related disorders of the gut-brain interaction. The current medical treatments, which are off-label drugs, can often have serious side effects, and most lack scienti Show less Read more
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