Myomo Announces It Has Entered Into The First Contracts That Will Allow MyoPro To Be Provided To Patients Covered By Private Insurance On An In-Network Basis

Myomo, Inc. -2.78%

Myomo, Inc.

MYO

1.05

-2.78%

Blue Cross Blue Shield of Massachusetts and Paradigm together serve 3 million covered lives

Myomo, Inc. (NYSE:MYO) ("Myomo" or the "Company"), a wearable medical robotics company that offers increased functionality for those suffering from neurological disorders and upper-limb paralysis, announces it has entered into the first contracts that will allow MyoPro to be provided to patients covered by private insurance on an in-network basis.

These new contracts are with Blue Cross Blue Shield of Massachusetts, a leading commercial and Medicare Advantage insurer, and Paradigm, a leading specialty care management organization serving workers' compensation and healthcare payers. Paradigm's contract represents its commitment to assessing and evaluating appropriateness of medical innovations like the MyoPro for injured workers. Together, these organizations cover approximately 3 million lives.

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