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The Federal Government has approved funding for TMS

The Federal Government has approved funding of transcranial magnetic stimulation for treatment-resistant depression

The budget announcement is welcome news to our patients, and to all of us at South Coast Private Hospital.

What does this mean?

It means that the government recognises the benefits of TMS therapy for treatment-resistant depression and is willing to provide funding to make treatment more widely accessible. When an MBS item number becomes available, it will significantly reduce out of pocket costs for patients who do not have coverage from a participating health fund.

It is important to understand that MBS funding is not currently available and is not likely to be available for some months. If you are suffering from depression, it is important you speak with your healthcare provider about your treatment. If TMS is deemed suitable, do not delay contacting South Coast Private Hospital– we can assist with identifying funding options and helping you to access treatment when you need it.