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Magnus Medical Announces Uninterrupted 2026 Payment Stability for SAINT Neuromodulation in CMS OPPS Final Rule

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Magnus Medical Announces Uninterrupted 2026 Payment Stability for SAINT Neuromodulation in CMS OPPS Final Rule
Business

Business

Magnus Medical Announces Uninterrupted 2026 Payment Stability for SAINT Neuromodulation in CMS OPPS Final Rule

2025-11-24 22:02 Last Updated At:11-25 15:40

BURLINGAME, Calif.--(BUSINESS WIRE)--Nov 24, 2025--

Magnus Medical, Inc., the company behind SAINT®, the first and only FDA-cleared, rapid-remission therapy for Major Depressive Disorder (MDD), today announced that the Centers for Medicare & Medicaid Services (CMS) has finalized the 2026 Hospital Outpatient Prospective Payment System (OPPS) rule, preserving the existing payment structure for its breakthrough SAINT neuromodulation therapy. This decision ensures that Medicare patients with MDD will continue to have access to SAINT therapy in hospital outpatient settings.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251124582323/en/

“For people living with depression, many of whom have struggled for years, access to rapid, effective treatment can change the course of life,” said Christian Gormsen, CEO of Magnus Medical. “By preserving the payment structure for SAINT, CMS has reaffirmed its commitment to ensuring patients have access to this life-changing, personalized accelerated treatment. This decision allows hospitals to continue offering real hope and lasting remission to people who have exhausted all other options.”

“Magnus will continue expanding access to SAINT across the country with stable reimbursement secured, working alongside leading hospital partners and providers to reach even more people living with MDD and treatment-resistant depression,” continued Gormsen.

In its Final Rule, CMS confirmed that SAINT’s four Category III CPT codes (0889T-0892T) will retain their current Ambulatory Payment Classification (APC) assignments for 2026. Notably, CMS attributed part of this decision to the compelling supportive comments submitted by healthcare providers, hospital systems and patient advocates during the rulemaking comment period.

“Hospitals and clinicians have embraced SAINT because they are seeing that rapid remission from chronic debilitating depression is now possible,” said Brandon Bentzley, M.D., Ph.D., co-founder and CSO of Magnus Medical. “We are deeply grateful to the providers, hospital partners and patient advocates who commented during this process, as well as to CMS for their powerful commitment to making life-saving brain health therapies more accessible. This decision gives the healthcare community the stability to keep expanding access to treatments that achieve rapid remission for depression in a dependable and sustainable way.”

About Magnus Medical and SAINT Neuromodulation

Magnus Medical, Inc. is a privately held brain health technology company delivering accelerated, noninvasive, precision neuromodulation therapy and rapid remission for serious neuropsychiatric conditions. Its first product, SAINT®, is the first and only FDA-cleared rapid-remission therapy for MDD and TRD, with pivotal clinical trials showing that 79% of patients achieved remission in an average of just 2.6 days. Designated an FDA Breakthrough Device and the first mental health therapy to receive CMS innovation funding through the New Technology Add-on Payment (NTAP) and New Technology APC programs, SAINT is now available through a growing network of providers nationwide. Clinical trials are ongoing for additional neuropsychiatric conditions, including obsessive-compulsive disorder, bipolar depression and postpartum depression (not yet FDA-cleared). Learn more at www.magnusmed.com.

The Centers for Medicare & Medicaid Services (CMS) finalized the 2026 Hospital Outpatient Prospective Payment System rule, preserving the existing payment structure for SAINT® neuromodulation therapy. CMS attributed part of this decision to the compelling supportive comments submitted by healthcare providers, hospital systems and patient advocates during the rulemaking comment period.

The Centers for Medicare & Medicaid Services (CMS) finalized the 2026 Hospital Outpatient Prospective Payment System rule, preserving the existing payment structure for SAINT® neuromodulation therapy. CMS attributed part of this decision to the compelling supportive comments submitted by healthcare providers, hospital systems and patient advocates during the rulemaking comment period.

WASHINGTON (AP) — U.S. forces in the Caribbean Sea have seized another sanctioned oil tanker the Trump administration says has ties to Venezuela, part of a broader U.S. effort to take control of the South American country’s oil.

Homeland Security Secretary Kristi Noem wrote Thursday on social media, “Motor Tanker Veronica had previously passed through Venezuelan waters, and was operating in defiance of President Trump’s established quarantine of sanctioned vessels in the Caribbean.”

A social media post from U.S. Southern Command on the capture said that Marines and sailors launched from the aircraft carrier USS Gerald R. Ford to make the capture while Noem’s post noted that, like in previous raids, a U.S. Coast Guard tactical team conducted the boarding and seizure.

Noem posted a brief video that appeared to show part of the ship’s capture. The black-and-white footage showed helicopters hovering over the deck of a merchant vessel while armed troops dropped down on the deck by rope.

The Veronica is the sixth tanker that has been seized by U.S. forces as part of the effort by President Donald Trump’s administration to control the production, refining and global distribution of Venezuela’s oil products, and the fourth since the U.S. ouster of Venezuela President Nicolás Maduro in a surprise nighttime raid almost two weeks ago.

Noem, in her social media post, said that the raid was carried out with “close coordination with our colleagues” in the military as well as the State and Justice departments.

“Our heroic Coast Guard men and women once again ensured a flawlessly executed operation, in accordance with international law,” Noem added.

As with prior posts, Noem and the military framed the seizure as part of an effort to enforce the law. Noem argued that the multiple captures show that “there is no outrunning or escaping American justice.”

However, other officials in Trump's Republican administration have made clear they see it as a way to generate cash as they seek to rebuild Venezuela’s battered oil industry and restore its economy.

Last week, Trump met with executives from oil companies to discuss his goal of investing $100 billion in Venezuela to repair and upgrade its oil production and distribution. His administration has said it expects to sell at least 30 million to 50 million barrels of sanctioned Venezuelan oil.

This story has been corrected to show the Veronica is the fourth, not the third, tanker seized by U.S. forces since Maduro's capture.

U.S. Homeland Security Secretary Kristi Noem speaks during a press conference, Thursday, Jan. 8, 2026, in New York. (AP Photo/Yuki Iwamura)

U.S. Homeland Security Secretary Kristi Noem speaks during a press conference, Thursday, Jan. 8, 2026, in New York. (AP Photo/Yuki Iwamura)

U.S. Homeland Security Secretary Kristi Noem speaks at a news conference at Harry Reid International Airport, Nov. 22, 2025, in Las Vegas. (AP Photo/Ronda Churchill, File)

U.S. Homeland Security Secretary Kristi Noem speaks at a news conference at Harry Reid International Airport, Nov. 22, 2025, in Las Vegas. (AP Photo/Ronda Churchill, File)

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