Hardware Podcasts

Prioritizing Medical Device Reimbursement During Product Development

Global Medical Device Podcast · 4 Feb 2021 · 40m · Episode 178

What this episode covers

Mike Drues of Vascular Sciences joins host John Spear to discuss the critical role of reimbursement strategy in medical device development. Drues explains how reimbursement incentives create disincentives for novel devices, leading to a market saturated with 'me-too' products, and advises integrating reimbursement planning early in the design phase. He highlights the financial advantages of the Breakthrough Device Program (BDP) and the importance of aligning regulatory and reimbursement strategies to maximize revenue.

Most relevant to

established companies

Topics

Mentioned

Companies
Vascular Sciences, Greenlight Guru, CMS, FDA, CDRH, Cordis, J&J
Also
Breakthrough Device Program

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