BrainsWay Coverage Expansion Covers Over 57 Million Lives Including 2 Million in South Carolina
BWAY•BWAY•BWAY•BWAY•Eight major payers and the US Department of Veterans Affairs have expanded coverage for BrainsWay’s SWIFT Accelerated Deep TMS protocol, bringing total covered lives to over 57 million. A new policy in South Carolina adds 2 million members for coverage of SWIFT Deep TMS for MDD and OCD patients.
BrainsWay secured favorable policy updates from eight major payers plus the US Department of Veterans Affairs, extending SWIFT Accelerated Deep TMS availability to over 57 million covered lives. The latest addition is a South Carolina policy covering 2 million members for Deep TMS treatment of major depressive disorder and obsessive-compulsive disorder.
This coverage milestone enhances patient access and strengthens BrainsWay’s market penetration, supporting potential revenue growth from SWIFT protocol adoption. The company plans further collaborations with payers and continued clinical research to drive broader insurance reimbursement and adoption of its Deep TMS technology.
