Catheter Precision shares surge 12.13% intraday as CMS adds EP ablation codes to ASC list, expanding LockeT commercialization.

Catheter Precision surged 12.13% intraday following the Centers for Medicare and Medicaid Services (CMS) announcement that key electrophysiology ablation procedures will be added to the Ambulatory Surgery Center-Covered Procedures List effective January 1, 2026. The policy change expands Medicare beneficiary access to EP services in ASCs, creating a new commercialization opportunity for the company’s LockeT suture retention device. The CEO emphasized that ASCs prioritize cost-effective solutions enabling same-day discharge and efficient workflows, aligning with LockeT’s design. The CMS update is expected to drive additional patient scheduling and adoption of LockeT in new facilities, directly boosting the company’s market potential.