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Inspire Medical Systems (INSP) investor relations material
Inspire Medical Systems Piper Sandler 37th Annual Healthcare Conference summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Piper Sandler 37th Annual Healthcare Conference summary2 Dec, 2025
Financial performance and guidance
Q3 saw strong revenue and EPS, with reaffirmed full-year 2025 revenue guidance and increased EPS outlook for the year.
Q4 is expected to continue the positive momentum, driven by high year-end procedure volumes due to insurance dynamics.
Early indication for 2026 top-line growth is 10%-11%, with formal guidance to be provided later.
Product transition and operational updates
Over 90% of U.S. accounts have transitioned to Gen V, with training and contracting largely complete.
Inventory transition from Gen IV to Gen V is nearly complete, expected to be net neutral by year-end.
Patient warehousing for Gen V is resolved, with most patients treated or scheduled.
Reimbursement and pricing developments
Significant reimbursement increases for CPT code 64568 in 2026: double-digit physician bump and 40%-50% facility increase.
New Tech APC status will last at least three years, with commercial payer rates expected to rise in line with Medicare.
Pricing strategy is under review, with potential adjustments in response to new reimbursement levels.
How will new reimbursement affect pricing strategy?
GLP-1s impact on patient funnel
What is the strategy for CCC patients?
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Next Inspire Medical Systems earnings date
Q4 20259 Feb, 2026
Next Inspire Medical Systems earnings date
Q4 20259 Feb, 2026
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Inspire Medical Systems, Inc., a medical technology company, focuses on the development and commercialization of minimally invasive solutions for patients with obstructive sleep apnea (OSA) in the United States and internationally. OSA is a prevalent most chronic condition that causes your throat to periodically collapse during sleep.
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