Tag: ProSomnus

SAN FRANCISCO – ProSomnus, Inc., which makes precision oral appliance therapy (OAT) devices for the treatment of obstructive sleep apnea (OSA), has announced that its ProSomnus EVO {PH] Sleep and Snore Device now qualifies for Medicare reimbursement. The Pricing, Data Analysis, and Coding (PDAC) contractor has reviewed and verified the device for HCPCS code E0486. “With Medicare coding verification, the ProSomnus EVO [PH] offers health care providers and their Medicare beneficiary patients...

SAN FRANCISCO – ProSomnus Sleep Technologies, a manufacturer of oral appliance therapy devices, has announced definitive agreements with institutional investors led by funds affiliated with or managed by Cohanzick Management and CrossingBridge Advisors. The financing - $30 million of debt comprised of two tranches: $15 million of senior secured convertible notes and $15 million of junior secured convertible notes with maturities of 36 months and 40 months, respectively – will support...