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A Guide to Achieving Reimbursement for Medical Devices, Diagnostics, and Pharmaceuticals in the United States

Click to purchase: A Guide to Achieving Reimbursement for Medical Devices, Diagnostics, and Pharmaceuticals in the United States

Description: D&MD's Guide to Achieving Reimbursement explores the basics and lays a foundation for reimbursement that will assist companies in navigating through this complex process. In addition, the Guide highlights recent amendments to legislation that have significantly impacted the industry.

 170+ Pages - 18+ Exhibits - 3 Case Studies

Reimbursement plays a key role in the success and valuation of a product- making it crucial for product development decision-makers to have a sophisticated knowledge of this complex matter.

Reimbursement regulation is a constantly moving target set into motion by the continuous evolution of legislation (impacting Medicare and Medicaid) and the private insurance sectors. In addition, changes within the payer environment have drawn attention to the accessibility of new technologies to patients.

Companies need to focus on achieving milestones during the reimbursement process to aid in effectively positioning themselves for optimal market launch, and for clearly defining and providing management with a more realistic and credible idea of the value of their technology. Reimbursement planning should be conducted concurrently with FDA approval and clinical trials to ensure the data captured not only addresses the demands of the FDA but also the requirements of the major insurance carriers to enable a favorable coverage decision.

D&MD's Guide to Achieving Reimbursement explores the basics and lays a foundation for reimbursement that will assist companies in navigating through this complex process. In addition, the Guide highlights recent amendments to legislation that have significantly impacted the industry.

This Guide provides all the information crucial for seeking reimbursement during product development. You will be able to:

  • Learn how to incorporate reimbursement activities into company's product development cycle and strategic & development plans.
  • Identify and achieve key milestones during the reimbursement process.
  • Recognize the processes for achieving coverage, coding, and payment and access the impact of these achievements on the financial forecast and adoption rates.
  • Assess the benefit of using health economics modeling to establish value and price.
  • Implement tactics to ensure market adoption is optimized and health providers receive payment from both private and government payment systems.
  • Detect the roadways to gaining both public (Medicare and Medicaid) and private insurance coverage for new medical technologies.
  • Understand the impact of health policy legislation and politics on devices, drugs, durable medical equipment (DME), and how patients access new technologies.
This Report will prove beneficial to:

Executives and senior managers at medical device, diagnostic, biotechnology, and pharmaceutical companies who are seeking to license, market, and commercialize a product within the United States healthcare system.

In addition, this Guide will prove invaluable to commercial reference laboratories, reagent suppliers, equipment manufacturers, venture capitalists, investment bankers, research analysts, and other healthcare service professionals wanting an understanding of the issues within reimbursement and how they will impact their own, or their portfolio companies.

Valuable Case Studies

Learn the in's and out's of reimbursement from case studies of three companies.

  • Medical Device
  • In Vitro Diagnostic
  • Drug/Biologic
  • Table of Contents

    Section Summary
    1. Introduction: The Role of Reimbursement in the U.S. Healthcare System
    1.1 Overview
    1.2 Public Sector
    1.3 Private Sector
    1.4 Worker's Compensation
    1.5 Self-insured Employer Groups
    1.6 Supplemental Insurance
    2. Understanding the Basics
    2.1 Site of Care and Reimbursement
    2.2 Coverage
    2.3 Coding Systems
    2.4 Payment Systems
    3. Health Economics and Reimbursement
    3.1. Economic Modeling and Analysis and Clinical Trial Integration
    3.2. Formulary Review/Positioning
     
    4. Timeline of Events
     
    5. Reimbursement and Adoption: Tactics
    5.1. Hotlines
    5.2. Coding and Reimbursement Guides
    5.3. Sales Force
     
    6. The Government: Impact on Reimbursement
    6.1. Role of Congress
    6.2. Centers for Medicare and Medicaid Services (CMS)
    6.3. The Food and Drug Administration (FDA)
     
    7. Reimbursement's Impact on Business Strategy
    7.1. Strategic Planning
    7.2. Clinical Development
    7.3. Reimbursement and Valuation
     
    8. Case Studies
    8.1. Medical Device
    8.2. In Vitro Diagnostic
    8.3. Drug/Biologic
     
    9. Coding Application Examples
    9.1. Current Procedural Terminology (CPT)
    9.2. Healthcare Common Procedure Coding System (HCPCS)
     
    10. Technology Assessment
     
    11. Appendix-Acronyms and Glossary
    11.1. Reimbursement Acronyms
    11.2. Reimbursement Glossary

    Date published: 7/1/2003
    Number of pages:
    170+
    Category:
    Drug Discovery
    Industry:
    Pharmaceutical & Biotech

    Price Hard Copy (US$): $395.00

    Interested in this report: peter.barfoot@bioportfolio.com
















     

     

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