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Piper says Impella CPT code process likely positive for Abiomed

Piper Jaffray notes the American Medical Association released a document summarizing recent Editorial Panel Actions, including approval of the Society for Cardiovascular Angiography and Interventions' submission for a specific CPT code for Abiomed's Impella. Piper continues to believe the the establishment of Impella specific CPT code will be a positive for utilization and keeps an Overweight rating on Abiomed shares.