Myomo Expands Coverage

Myomo, Inc. announced its inaugural network participation agreement with Elevance Health, covering Anthem‑affiliated Commercial, Medicare Advantage, and Medicaid plans. The deal will add Elevance Health’s 45 million medical members to Myomo’s customer base, elevating the total number of covered lives under commercial insurance plans to more than 80 million once the arrangement is fully implemented in the second quarter of 2026. By extending coverage for Myomo’s MyoPro powered arm and hand orthoses, the partnership is expected to boost demand and sales, thereby supporting the company’s revenue growth and its goal of achieving positive cash flow from operations. The agreement underscores Myomo’s strategic focus on expanding access, ensuring affordability, and scaling its clinically proven technology on a global level.