Title: Medical device reimbursement - Medical Reimbursement Consulting
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2Reimbursement Consulting
- Understanding the reimbursement system is crucial
to maximizing the commercial potential of medical
products. The reimbursement system often erects
enormous barriers to new product success. In some
cases, proper management of the healthcare
reimbursement system is the only difference
between product success and product failure.
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3Strategic Alliances
- Medical Technology Partners helps companies
understand and work with new reimbursement
realities within the health care marketplace by
way of reasonable and functional strategies.
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4Advancing True Patient Care
- MTP is committed to excellent customer service,
advancing patient care, making timely and
accurate recommendations, and reasonable and
flexible pricing arrangements.
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5Health Economics and Reimbursement
- New technology reimbursement strategy development
- Tactical reimbursement implementation
- Health policy tracking through our TruePolicy
service - Reimbursement Resource Center (hotline)
development and support - CPT, HCPCS, and ICD-9-CM code development
- Qualitative surveys of managed care medical
directors, CFOs, and purchasing decision-makers - Billing guides and knowledge delivery products
- Low-cost outcomes studies to support economic and
quality-of-life arguments
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6Health Information Metrix
- Procedure and diagnosis tracking through our
TrueData reports - Payment level reporting through our TruePay
reports - Longitudinal disease cohort studies
- Cost-effectiveness analyses
- Pricing analyses
- Payer mix and setting of care analyses
- Value analysis by indication
- Knowledge management products to support business
intelligence - Business intelligence for value added benefits
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7TruePolicy Services
- Coding, coverage, and reimbursement guidelines do
not remain static. These practices and policies
change and evolve due to various factors and
influences, such as cost constraints, new
technological developments and enhancements, and
political stimulus, and they can dramatically
affect the sales environment for a company's
products and services. Because there is no single
data warehouse that concisely and efficiently
contains and processes all this information, the
challenge is substantial for medical device
manufacturers to remain current, informed, and
armed with the latest policy intelligence.
Through its TruePolicy Services, MTP monitors
coding, coverage, and reimbursement policies
related to specific technologies or clinical
areas and communicates this intelligence via
timely and succinct summary updates.
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8TrueData Reports
- Medical Technology Partners offers exclusive
TrueData reports that combine statistical data
from multiple years and sources into one
comprehensive package. TrueData reports provide
payment and utilization information for various
care settings -- including physician office,
inpatient, outpatient, and emergency departments.
Significantly, many of these reports contain
trend data over three or more years, providing
knowledge that can be used ultimately to
improve a patients quality of life and the
administration of insurance programs.
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9Hotline Services
- MTP provides expert advice regarding claims
submissions, billing codes and problem claims in
addition to recommending action plans for appeals
and opportunities for intervention. - MTP thoroughly performs payer research, including
contacting insurance companies to determine a
patient's benefits with regard to your company's
product. - MTP provides billing guides with useful insurance
information and sample claim forms, prior
authorization packets, and appeals packets. - MTP educates insurers, including sending them
materials to inform them about your product and
its approved uses. - MTP is able to provide ongoing data tracking and
analysis to assist you with your business
development.
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10Contact Us
- Location
- Headquarters9700 Great Seneca HighwaySuite
303Rockville, MD 20850 - Phone 240.453.0550Email jstringham_at_medicaltechp
artners.com
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11Home About Us Services Officers
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