Medical device reimbursement - Medical Reimbursement Consulting - PowerPoint PPT Presentation

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Medical device reimbursement - Medical Reimbursement Consulting

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Medical Technology Partners offer Medical Device Reimbursement Consulting in new Medical products and procedures. – PowerPoint PPT presentation

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Title: Medical device reimbursement - Medical Reimbursement Consulting


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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.

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3
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.

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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.

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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

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6
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

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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.

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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 patients quality of life and the
    administration of insurance programs.

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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.

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10
Contact Us
  • Location 
  • Headquarters9700 Great Seneca HighwaySuite
    303Rockville, MD 20850
  • Phone 240.453.0550Email jstringham_at_medicaltechp
    artners.com

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