#403: Global Perspective on Medical Device Reimbursement
Etienne Nichols interviews Karandeep Singh Badwal, a regulatory and reimbursement expert, about integrating reimbursement strategy into medical device development across the US, EU, and Asian markets. They discuss specific systems like US Medicare and CPT codes, EU fragmentation with national programs like Germany's NUB, and Asian pricing models, emphasizing that reimbursement must be a core business strategy from day one. Badwal highlights the importance of hiring jurisdiction-specific experts, leveraging post-market surveillance for real-world evidence, and using management reviews to align quality and business goals. The conversation concludes with a comparison of US and EU reimbursement pros and cons, stressing the need for strategic flexibility in a changing political landscape.