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Robert Ford on CMS reimbursement

From $ABT Abbott Laboratories Q1 2026 Earnings Conference Call · · EARNMOAR

“CMS type 2 non-insulin coverage. I expect proposed language of that coming soon. I can't tell you the exact month, Larry, and I'm not going to try and forecast what it is, when it is, but I know it's going to happen. And I know that it's going to add close to 10 million people that don't have coverage now that now will be able to have coverage. And that's obviously going to accelerate commercial coverage, too.”

Robert Ford
Chairman, President & CEO, Abbott Laboratories
Policy Impact CMS reimbursementCGM coveragepolicy

On , Robert Ford, Chairman, President & CEO at Abbott Laboratories, spoke about CMS reimbursement during $ABT Abbott Laboratories Q1 2026 Earnings Conference Call on EARNMOAR.

$ABT Abbott Laboratories Q1 2026 Earnings Conference Call
Watch on YouTube at 28:22
$ABT Abbott Laboratories Q1 2026 Earnings Conference Call
EARNMOAR
Watch on YouTube at 28:22
04/16/2026 Q&A: 13:48 Abbott Laboratories, together with its subsidiaries, discovers, develops, manufactures, and sells health care products worldwide. It operates in four segments: Established Pharmaceutical Products, Diagnostic Products, Nutritional Products, and Medical Devices. The company offers generic pharmaceuticals for the treatment of pancreatic exocrine insufficiency, irritable bowel syndrome or biliary spasm, intrahepatic cholestasis or depressive symptoms, gynecological disorder, hormone replacement therapy, dyslipidemia, hypertension, hypothyroidism, hypertriglyceridemia, Meniere's disease and vestibular vertigo, pain, fever, inflammation, and migraine, as well as provides anti-infective clarithromycin, influenza vaccine, and products to regulate physiological rhythm of the colon. It also provides laboratory and transfusion medicine systems in the areas of immunoassay, clinical chemistry, hematology, and transfusion serology testing; molecular diagnostics polymerase chain reaction instrument systems that automate the extraction, purification, and preparation of DNA and RNA from patient samples, and detect and measure infectious agents; point of care systems; cartridges for testing blood gas, chemistry, electrolytes, coagulation, and immunoassay; rapid diagnostics lateral flow testing products; molecular point-of-care testing for HIV, SARS-CoV-2, influenza A and B, RSV, and strep A; cardiometabolic test systems; and drug and alcohol test. In addition, the company offers pediatric and adult nutritional products and infant formula; rhythm management, electrophysiology, heart failure, vascular, and structural heart devices for the treatment of cardiovascular diseases; diabetes care products, such as glucose and blood glucose monitoring systems; and neuromodulation devices for the management of chronic pain and movement disorders. The company also provides cancer screening and diagnostic test products. #abbottlabs #earningscall #earningscall #abt #investing
Robert Ford

About Robert Ford

Chairman, President & CEO · Abbott Laboratories

On Abbott's first-quarter 2026 earnings call, Robert Ford stated he remains "very confident" in an acceleration of growth in the second half of the year, saying the company knows "what the drivers are" and is "laser focused" on execution. Ford described the integration of Exact Sciences as going "very well" and expressed optimism about the continuous glucose monitoring (CGM) market, estimating that 70 to 80 million people globally should be using CGMs compared to a current market of around 10 to 12 million. He also said he expects proposed language for CMS type 2 non-insulin coverage "coming soon," which he said would add coverage for close to 10 million people. Regarding Abbott's nutrition business, Ford said he would not make a long-term strategic decision based on near-term challenges and that his focus is on returning the business to its prior growth rate. He described the company as "very diversified" and noted that while it would be "great" for every business to beat expectations, that does not always happen. Ford also said the electrophysiology market is expected to grow in the "mid to high teens" and that Abbott is "shooting to do better than that."

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