Medicare’s New Codes For Remdesivir, Convalescent Plasma To Be Test Of Real-World, Though Not Real-Time, Data

CMS’s new procedure reimbursement codes will help generate ‘critical information’ on the effectiveness of the COVID products, but will suffer from a ‘claims lag.’

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The Centers for Medicare and Medicaid Services recently implemented new Medicare procedure reimbursement codes for inpatient hospital use of Gilead Sciences, Inc.’s Veklury (remdesivir) and convalescent plasma in COVID-19 patients that can facilitate real-time surveillance of effectiveness.

The codes, which went into effect on 1 August, “will enable CMS to conduct real-time surveillance and obtain real-world evidence...

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