A parallel revolution: payment for new in vitro diagnostic technologies.

Abstract:

:To secure a successful product in today's era of cost containment, manufacturers and developers of new in vitro diagnostic technologies must consider payment issues--coverage and reimbursement by healthcare insurers--as critical market forces that must be addressed in the business plan. Similar to the regulatory hurdles involving 510(k)s and premarket applications, the requirements for payment are related to the unique features of the technology, its costs, and its effect on clinical outcomes. Because cost containment continues to be a driving force for change in healthcare, the business plan must not only include strategies for optimal payment at the product's introduction, but also contain provisions for continuous monitoring of the payment environment throughout the product's life cycle.

journal_name

Clin Chem

journal_title

Clinical chemistry

authors

Ivor LP

subject

Has Abstract

pub_date

1996-09-01 00:00:00

pages

1558-60

issue

9

eissn

0009-9147

issn

1530-8561

journal_volume

42

pub_type

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