Additionally, since Mr. Straight's device is now over 10 years old, we are encouraging him to replace it as Medicare insurance and other options to reimburse for personal exoskeletons become available to medically eligible individuals. Lifeward is committed to expanding access to exoskeletons through reimbursement, and after 5 years of effort, a new category was created by Medicare that began reimbursing personal exoskeletons in April of this year.
The company has built an internal team to assist the user and their doctor through every step of the process of verifying eligibility and submitting claims to Medicare. This is an important milestone for the paralyzed community and for the industry to deliver these products and provide replacements.