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Cyberonics treatment rejected

US Centers for Medicare and Medicaid Services announced that it didn’t see a clear benefit from the Cyberonics Vagus Nerve Stimulator for treating depression. The announcement makes it highly unlikely that Medicare would pay for the treatment.

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The Cyberonics device is implanted in the chest and transmits electric signals to nerves in the neck. Medicare already pays for its use to treat epilepsy but a decision to reimburse it for its treatment of depression would have been a windfall for the Houston-based company.

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