Module 17 2024

03/12/2024

Impact of Medical Reimbursement Challenges

• Difficult ROI • The gap between reimbursement rates and technology creates an investment risk for the manufacturer. This risk of ROI creates apprehension towards developing innovative medical devices. Providing quality • The “secret” and lengthy system around the medical reimbursement process makes it difficult for manufacturer to design and develop quality medical devices. • Difficult early diagnosis and preventive care • Government’s decision to cut down on healthcare expenditures, especially when it comes to medical reimbursement for devices and procedures, can lead to difficult or inadequate abilities to diagnosis early stage of diseases (cancer), which require screening, or allow the use of more advanced technology in the treatment of medical conditions (e.g. implants). •

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What is so special about MedTech?

Medtech products are often claimed to be resource releasing and more convenient

Diverse field with high prevalence of small and medium companies

Medical devices work only if they

Evidence availability

Rapid evolvement

and proof of effectiveness

are used correctly

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