MONTCLAIR, N.J., April 12, 2021 /PRNewswire/ -- Theranica, a prescribed digital therapeutics company developing advanced electroceuticals for migraine and other pain conditions, today announced that its FDA-authorized Nerivio® prescribed wearable for the acute treatment of migraine is now eligible for insurance coverage through the UpScript direct-to-patient telemedicine platform.
"It is our mission to make Nerivio accessible to everyone who experiences migraine episodes," said Theranica CEO Alon Ironi. "We appreciate the efforts UpScript made to make Nerivio available and covered through its advanced telemedicine platform. People with migraine need rapid, affordable access to safe and effective therapies, and this is exactly what they can get using UpScript. This service connects any patient with a trained healthcare provider and, if they secure a prescription, a quick path to receiving their device, anywhere in the United States."
Nerivio's list price (Wholesale Acquisition Price, or WAC) is $599 for a 12-treatment unit. The Nerivio Patient Savings Program and reimbursement hub implementation enables Theranica to offer eligible patients with health insurance a co-pay as low as $10, depending on specific plan coverage. Nerivio is also covered by United States Veterans Administration (VA) system health insurance.
"At UpScript, we are pleased to be providing US patients the opportunity to try Nerivio, a unique prescribed therapeutics device which is now available for reimbursement," added UpScript CEO Peter Ax. "We believe this is a unique way for migraine headache patients to try a great device in a convenient, affordable way through a telemedicine visit on the UpScript platform."
HOW NERIVIO WORKS
Nerivio deploys remote electrical neuromodulation to activate the body's native conditioned pain modulation mechanism to treat headache and other symptoms associated with migraine. The treatment is personalized through the Nerivio app (available for iPhone and Android), which also includes an interactive migraine diary to track treatment sessions and symptoms. The diary can be shared between patients and their healthcare professionals to improve migraine management. Randomized controlled trials as well as real-world evidence analyses demonstrate Nerivio's effectiveness in treating migraine symptoms for patients including chronic and adolescent patients.
People with migraines aged 12 and older who would like to conduct a telemedicine visit with an UpScript physician to determine if Nerivio is right for them can start the process here.
Individuals can also speak with their own physicians and request a prescription form for their doctor here.
People with migraines who have been prescribed Nerivio and have difficultly securing insurance-plan authorization should have their physicians contact a Theranica representative at 1-937-637-4846 for assistance.
About Theranica
Theranica is a prescribed digital therapeutics company dedicated to creating effective, safe, affordable, low-side effect electroceuticals for idiopathic pain conditions. The company's award-winning flagship product, Nerivio®, is the first FDA-cleared smartphone-controlled prescription wearable device for acute treatment of migraine and has provided more than 100,000 treatments. Theranica is expanding its proprietary technology to offer additional solutions for other pain conditions. Nerivio has received FDA authorization and CE mark for use in acute treatment of episodic and chronic migraine in adult and adolescent patients.
Learn more by visiting our website, theranica.com and following us on LinkedIn, Twitter, Instagram and Facebook.
Media Contact:Ellie HansonFinn [email protected] +1-929-222-8006
Theranica Contact:Ronen Jashek[email protected] +972-72-390-9750
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"It is our mission to make Nerivio accessible to everyone who experiences migraine episodes," said Theranica CEO Alon Ironi. "We appreciate the efforts UpScript made to make Nerivio available and covered through its advanced telemedicine platform. People with migraine need rapid, affordable access to safe and effective therapies, and this is exactly what they can get using UpScript. This service connects any patient with a trained healthcare provider and, if they secure a prescription, a quick path to receiving their device, anywhere in the United States."
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Nerivio's list price (Wholesale Acquisition Price, or WAC) is $599 for a 12-treatment unit. The Nerivio Patient Savings Program and reimbursement hub implementation enables Theranica to offer eligible patients with health insurance a co-pay as low as $10, depending on specific plan coverage. Nerivio is also covered by United States Veterans Administration (VA) system health insurance.
"At UpScript, we are pleased to be providing US patients the opportunity to try Nerivio, a unique prescribed therapeutics device which is now available for reimbursement," added UpScript CEO Peter Ax. "We believe this is a unique way for migraine headache patients to try a great device in a convenient, affordable way through a telemedicine visit on the UpScript platform."
HOW NERIVIO WORKS
Nerivio deploys remote electrical neuromodulation to activate the body's native conditioned pain modulation mechanism to treat headache and other symptoms associated with migraine. The treatment is personalized through the Nerivio app (available for iPhone and Android), which also includes an interactive migraine diary to track treatment sessions and symptoms. The diary can be shared between patients and their healthcare professionals to improve migraine management. Randomized controlled trials as well as real-world evidence analyses demonstrate Nerivio's effectiveness in treating migraine symptoms for patients including chronic and adolescent patients.
People with migraines aged 12 and older who would like to conduct a telemedicine visit with an UpScript physician to determine if Nerivio is right for them can start the process here.
Individuals can also speak with their own physicians and request a prescription form for their doctor here.
People with migraines who have been prescribed Nerivio and have difficultly securing insurance-plan authorization should have their physicians contact a Theranica representative at 1-937-637-4846 for assistance.
About Theranica
Theranica is a prescribed digital therapeutics company dedicated to creating effective, safe, affordable, low-side effect electroceuticals for idiopathic pain conditions. The company's award-winning flagship product, Nerivio®, is the first FDA-cleared smartphone-controlled prescription wearable device for acute treatment of migraine and has provided more than 100,000 treatments. Theranica is expanding its proprietary technology to offer additional solutions for other pain conditions. Nerivio has received FDA authorization and CE mark for use in acute treatment of episodic and chronic migraine in adult and adolescent patients.
Learn more by visiting our website, theranica.com and following us on LinkedIn, Twitter, Instagram and Facebook.
Media Contact:Ellie HansonFinn [email protected] +1-929-222-8006
Theranica Contact:Ronen Jashek[email protected] +972-72-390-9750
View original content:http://www.prnewswire.com/news-releases/nerivio-wearable-migraine-therapeutic-now-eligible-for-insurance-coverage-through-upscripts-telemedicine-platform-301266552.html
SOURCE Theranica
