Orthofix Lowers Full-Year Outlook Due to Medicare Reimbursement Changes

Shares of Orthofix Medical (OFIX) dropped approximately 8% in premarket trading after the company cut its full-year outlook, citing changes in Medicare reimbursements affecting its non-invasive bone growth stimulators. The orthopedic device maker now expects lower financial performance for the year.

By Dulan Lokuwithana, SA News Editor · Seeking Alpha ·

Orthofix Lowers Full-Year Outlook Due to Medicare Reimbursement Changes

Tickers: $OFIX

Topics: Medicare reimbursement changes Orthofix Medical Stock price drop

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