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Why iRhythm Technologies Stock Skyrocketed Today

Why iRhythm Technologies Stock Skyrocketed Today

Shares of iRhythm Technologies (NASDAQ: IRTC) skyrocketed by 59% in Wednesday trading after the Centers for Medicare and Medicaid Services (CMS) released its Calendar Year 2022 Medicare Physician Fee Schedule (MPFS) Final Rule on Tuesday. The MPFS details the payment policies and rates for services provided to Medicare beneficiaries.