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IRTC

iRhythm Technologies, Inc.

Sector: healthcareMedical - DevicesNASDAQMarket Cap: $4.86B

iRhythm Technologies is a cardiac monitoring device maker with minimal direct government dependence but significant Medicare reimbursement exposure and light political engagement.

Govt Dependence
35/100
Regulatory Density
72/100
Lobbying Intensity
5/100
Political Signal
LOW

BusinessWhat IRTC does

iRhythm develops and commercializes digital health solutions for cardiac arrhythmia detection, primarily wearable monitoring devices and cloud-based analytics. Revenue is driven by device sales and recurring monitoring services, with substantial reimbursement from Medicare and private insurers.

Lifetime Government AwardsIRTC federal contracts

IRTC doesn't hold direct federal contracts.

Verified via USASpending.gov: $0 reported in direct prime-contract awards. Companies in this position typically sell federal services indirectly through prime contractors and integrators (e.g., Lockheed Martin, Booz Allen, Microsoft Azure) or through commercial channels that don't appear in USASpending data.

Smart Money · 13F HoldingsHedge funds holding IRTC

$395.9M
Total IRTC held by tracked 13F funds
28
Funds with IRTC positions
+28
Funds opened this quarter
D.E. Shaw & Co. $64M opened 2025-12-31
D.E. Shaw & Co. $58M opened 2025-09-30
D.E. Shaw & Co. $38M opened 2025-06-30
Citadel Advisors $33M opened 2024-03-31
Citadel Advisors $27M opened 2024-12-31
Renaissance Technologies $22M opened 2025-06-30
Citadel Advisors $21M opened 2025-12-31
Renaissance Technologies $21M opened 2025-09-30
20 more 13F positions tracked · quarterly delta charts available in member dashboard

Politicians Trading IRTCMembers of Congress with recent IRTC positions

1 politicians traded IRTC across 1 disclosed transactions totaling $8K (last 730 days). Greed score = composite of trade frequency, volume & recency across the politician's entire history (not just IRTC). 0-30 LOW · 30-60 MID · 60+ HIGH.

Congressional TradesWho in Congress is trading IRTC

2025-08-14 Richard Blumenthal D-Connecticut · senate Sale $1,001 - $15,000
2019-06-24 (unknown) Sale $1,001 - $15,000 308d late
2019-06-24 (unknown) sale $1,001 - $15,000 308d late
3+ trades on file · most recent 2025-09-12

Corporate Insiders · Form 4What CEOs, CFOs, and directors are doing with their own stock

No Form 4 activity recorded in the last 180 days.

Bills to WatchLegislation flagged by our analysis

Medicare reimbursement rate adjustmentsFDA medical device classification changesPrior authorization reform

Political ProfileWhere IRTC sits in Washington

iRhythm has minimal lobbying footprint and no identifiable congressional champions/critics. Stock movement is primarily driven by clinical trial results, reimbursement decisions, and competitive dynamics rather than legislative events.

Regulatory ExposureThreats & opportunities

Regulatory threats

  • CMS reimbursement rate cuts
  • FDA reclassification to higher regulatory class
  • Prior authorization expansion

Regulatory opportunities

  • Remote monitoring coverage expansion
  • Telehealth reimbursement parity
  • Streamlined FDA approval pathways
Member intelligence layer

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Frequently AskedAbout IRTC & political exposure

Does iRhythm Technologies, Inc. (IRTC) hold federal contracts?
No direct prime contracts reported in USASpending.gov for iRhythm Technologies, Inc.. Companies in the semiconductor and AI hardware sectors often sell to the federal government via prime contractors and cloud resellers (Microsoft Azure, AWS, Lockheed Martin systems integration) rather than as direct primes.
Has Congress traded IRTC stock?
3 congressional trades by 2 unique members of Congress, most recently on 2025-08-14. See the Congressional Trading panel for politician-by-politician breakdown.
What is IRTC political risk profile?
Government dependence: 35/100. Lobbying intensity: 5/100. Political signal: low.
How does GovGreed track IRTC political activity?
GovGreed integrates STOCK Act congressional trade disclosures, FEC contributions, OGE executive-branch disclosures, USASpending federal contracts, Senate LDA lobbying filings, and SEC Form 4 corporate insider trades into a single queryable graph. IRTC data is updated daily from these official federal sources.