NEW YORK--(BUSINESS WIRE)-- Small Bone Innovations, Inc. (SBi) announced today that 1.7 million people nationwide covered by Coventry Health Care (NYSE: CVH) will have access to SBi’s STAR™ Total Ankle Replacement system following a policy revision issued last week by the insurer.
STAR is the only total ankle replacement approved through the FDA’s rigorous pre-market approval (PMA) process. SBi, a privately-owned orthopedics company, is focused exclusively on treatments for joint replacement or ‘arthroplasty’ and post-traumatic reconstruction of the small bones & joints of the thumb, fingers, hand, wrist, elbow, toes, foot & ankle.
Jeffrey Johnson, MD, Associate Professor and Chief, Foot & Ankle Service at Washington University Orthopedics in St. Louis, Missouri, said: “Next generation total ankle replacement technology is an effective treatment alternative to fusion in carefully selected patients with severe ankle arthritis.
“Knee and hip replacements are common among older Americans but ankle replacement is increasingly an option when the ankle joint wears out from injury or arthritis. Ankle replacement surgery allows patients to regain full range of motion in the ankle joint, and enables many to return to an active lifestyle,” he added.
In recent months, total patient access to the STAR ankle in private health plans has risen to 91 percent. U.S. government health care plans, such as Medicare and TRICARE, extend STAR ankle coverage to almost 100 million eligible individuals, according to SBi’s reimbursement consultant, Musculoskeletal Clinical Regulatory Advisers, LLC (MCRA).
About Small Bone Innovations, Inc.
Small Bone Innovations, Inc. (SBi), founded in 2004 by Viscogliosi Bros., LLC, the New York-based merchant banking firm specializing in orthopedics. SBi is the first company to focus purely on treating disease and trauma in the small bones & joints through a broad, clinically proven portfolio of products. .
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Small Bone Innovations, Inc.
Varun Gandhi, 212-583-0370 ext. 2126
KEYWORDS: United States North America Missouri New York
INDUSTRY KEYWORDS: Surgery Health Hospitals Medical Devices Managed Care