Inspire Medical Systems Inc. (NYSE:INSP) is one of the 7 best small-cap healthcare stocks to buy according to hedge funds.
On March 16, Stifel maintained a Buy rating on Inspire Medical Systems Inc. (NYSE:INSP). The firm highlighted that CMS confirmed new HGNS C-codes will be assigned to the same APC 5465 as CPT 64582, keeping hospital facility fees broadly unchanged.
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The firm noted that this removes a key downside risk related to reimbursement. However, it added that uncertainty still remains around physician fees and the potential impact of the -52 modifier, pending further guidance from regulators.
On February 27, KeyBanc reported that CMS announced the addition of six new HCPCS codes for the April Integrated Outpatient Code Editor, which will go into effect on January 1st, 2026. These included three codes that describe procedures for Inspire Medical Systems Inc. (NYSE:INSP).
The most recent MLN Connects Newsletter also mentioned the recent confusion regarding hypoglossal nerve stimulation reimbursement. The firm claims that, even though it is still early, this move is considered directionally positive because it may help clarify long-term and product-specific payment methods.
Inspire Medical Systems Inc. (NYSE:INSP) is engaged in developing and marketing treatments for obstructive sleep apnea (OSA). It provides neurostimulation technology for the secure treatment of mild to severe OSA conditions. The company also delivers closed-loop solutions and mild hypoglossal nerve stimulation to patients.
While we acknowledge the potential of INSP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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