Latest Physician Fee Schedule Proposal Could Impact Companies’ Bottom Line

The US Centers for Medicare & Medicaid Services (CMS) issued a proposed rule that includes new reimbursement levels for multiple medical devices, including the Glaukos iStent.

MEDICARE CALCULATOR.
• Source: Alamy

While the government says the new Medicare Physician Fee Schedule seeks to address the country’s widening health gap, analysts predict the reimbursement cuts the agency has put forward could financially squeeze some major medical device manufacturers.

If enacted, the Medicare Physician Fee Schedule proposed rule for 2022 issued 13 July, would combine the codes for cataract surgery and stent placement – currently two separate codes...

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