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Medicare Will Look To Informal Pathways For Faster Medtech Reimbursement

 
• By Sue Darcey

The US Centers for Medicare and Medicaid Services has withdrawn efforts on a proposed rule to offer faster Medicare reimbursement to novel devices, but the agency still plans to work on different approaches to provide "timely patient access" to device innovations, a spokeswoman said. AdvaMed says it is disappointed by CMS's decision to withdraw the rule after a 10-month review by the Office of Management and Budget.

Medicare

A pending rule that would have established a new pathway to accelerate coverage of novel medical devices was withdrawn from consideration by the US Centers for Medicare and Medicaid Services, as well as the Office of Management and Budget's Office of Information and Regulatory Affairs (OIRA), in early January. But the move should not be interpreted as a sign that the Medicare agency has given up on strategies to support faster Medicare reimbursements for soon-to-be approved medical technology, CMS says.

The "Expedited Coverage of Innovative Technology" (ExCITe) proposed rule was under consideration by OIRA for 10 months, including interactions between...

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