Medical device reimbursement - Medical Reimbursement Consulting

Reimbursement 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.

Strategic 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.


Advancing True Patient Care
 MTP is committed to excellent
customer service, advancing patient
care, making timely and accurate
recommendations, and reasonable
and flexible pricing arrangements.


Health 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


Health 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


TruePolicy™ 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.


TrueData® 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
patient’s quality of life and the administration of insurance
programs.


Hotline 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.


Contact Us
Location

Headquarters:
9700 Great Seneca Highway
Suite 303
Rockville, MD 20850
Phone: 240.453.0550
Email: jstringham@medicaltechpartners.com


Medical device reimbursement - Medical Reimbursement Consulting

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