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Biotech / Medical : Vasomedical Inc.
VASO 0.150-2.0%Nov 26 3:08 PM EST

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To: Craig Slotoroff who started this subject2/18/2003 5:06:12 PM
From: Findit  Read Replies (1) of 1605
 
WESTBURY, N.Y.--(BUSINESS WIRE)--Feb. 18, 2003--Vasomedical, Inc. (NasdaqSmallCap: VASO) announced today that changes to the Physician Fee Schedule for Calendar Year 2003 recently published by the Centers for Medicare and Medicaid Services (CMS) will result in a new national average payment level of $195.45 per session for the Company's EECP® enhanced external counterpulsation therapy administered in the physician office.

The new average payment reflects a 27 percent increase for EECP over 2002 levels. The national average payment rate for the therapy has increased by 54 percent over the past three years.
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