Pricing and Reimbursement Strategies for Medical Devices | RnR

Diagnosis related groupings (DRGs) are taking in an ever-increasing role in the payment processes applied to medical devices. DRGs are becoming more refined and top-up payments are being rationalized.
In the US, price skimming is the most frequently used strategy in the medical device market, but market segmentation should be used to assess if other strategies, such as penetration pricing, would be more apt in particular sectors.
Within each country regional differences between purchasing and pricing are increasing. Pricing should be determined by examining the requirements of the purchasing institution and regional requirements, but caution should be taken not to undervalue the product and to be aware of the global strategy. It is easier to lower a price than to raise it.

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Medical Devices pricing and Reimbursement strategies

Your key questions answered

·         What is the nature of the market environment across Europe and in the US?

·         How are the reimbursement sectors divided?

·         Who pays for medical devices and what are the decision-making processes involved?

·         What role do national health frameworks play, and which government bodies have the greatest influence on pricing and reimbursement?

·         What is appropriate pricing, and how is the correct balance achieved?

Major points covered in Table of Contents of this report include:

• Overview
• An overview of pricing
• An overview of reimbursement
• Pricing and reimbursement in the US
• An overview of Europe
• Summary
• Introduction
• Procurement
• Reimbursement and coding

Explore Comprehensive list of more than Tables & Figures available in the report @ http://www.reportsnreports.com/reports/146914-pricing-and-reimbursement-strategies-for-medical-devices.html

Report Details :
Published:  February 2012

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