The Centers for Medicare & Medicaid Services (CMS) has canceled plans to create a new regulatory pathway that aimed to accelerate Medicare coverage for medical devices, according to a ModernHealthcare report.
The federal agency reportedly withdrew the proposition, known as Excite, from review at the White House’s Office of Management and Budget this month, nine months after it was submitted.
Details on why the proposition was pulled, and whether or not CMS has plans to pursue such a pathway in the future are unclear, according to the ModernHealthcare report.