BTIG Adjusts Merit Medical Systems Model Ahead of Medicare Payment Changes
BTIG has revised its model for Merit Medical Systems (MMSI) in anticipation of Medicare payment changes, reducing its price target to $100 from $107. The adjustment is linked to CMS's proposed FY27 inpatient payment framework, which affects new technology add-on reimbursements. Merit Medical also completed the acquisition of View Point Medical for $140 million, which is expected to modestly boost revenue in 2026 but temporarily impact earnings.
Tickers: $MMSI
Topics: acquisition analyst rating healthcare Medicare payment changes stock analysis