Payer Engagement2021-05-18T08:10:14-04:00

Payer Engagement

WHY IS THIS IMPORTANT?
  • Payer engagement is key to getting approved for reimbursement.

  • Reimbursement through payers is the primary method of generating revenue for medical devices in the United States.

  • Payers are gaining greater influence over physician prescribing behavior.

DID YOU KNOW?
  • Having ways to promote patient engagement, particularly remote or virtual payment engagement options, will increase the likelihood of payer engagement.

  • Adaptable health economics models are key drivers for payer engagement and may require budget impact or cost-effectiveness models, depending on the interests of the specific payer.

  • Additional evidence is necessary to drive payer engagement compared to what is necessary for FDA approval.

HOW WE CAN HELP
  • Our health economics experts can develop high quality health economics models to show budget impact or cost-effectiveness adoptable to all potential payers to promote payer engagement.

  • Combine clinical and health economics outcomes to tell the value story for your medical device to improve payer engagement.

  • Create presentations to present to payers to help drive payer engagement.

Insights

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Identify the Best Key Influencers for Your Device

Streamline your commercialization strategy by narrowing your focus on the key players in your technology’s indication. Our team can help you reach the most influential experts.

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