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Show the Benefits of Medical Devices Using Health Economics

Integrating Health Economics into Medical Device Product Development Healthcare costs continue to rise at rates higher than inflation.  Payers, such as Centers for Medicare and Medicaid Services (CMS), insurance carriers, and even provider purchasing organizations (e.g., a hospital purchasing group), need to control their costs; while users want the latest technology.  Before adopting new technologies…
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Integrating Reimbursement into Medical Device Design

Medical Device & Diagnostic Industry (MDDI)  recently included an article, Tips for Designing with Reimbursement in Mind, summarizing a presentation by Mark Domyahn, of St. Jude Medical, covering tips related to reimbursement. Some key points from the article are as follows: • Reimbursement is separate from regulatory approvals • Understand the requirements for approvals and…
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