Faster Medicare Payment for New Pediatric Medical Devices
This Act aims to speed up patient access to innovative medical devices specifically designed for children under the Medicare program. It mandates the government to quickly establish national relative value units (payment rates) for these qualifying pediatric technologies upon a manufacturer's request. This change ensures that healthcare providers can receive timely reimbursement for using advanced pediatric equipment, directly improving the quality of care for young patients.
Key points
Accelerated Payment Rate Setting: The government must establish national relative value units (RVUs) for qualifying pediatric technologies if none exist, speeding up their adoption.
Benefit for Patients: Facilitates access to modern medical devices specifically designed or predominantly used for treating pediatric populations.
Manufacturer Request Required: Manufacturers must submit a written request and provide necessary data (e.g., pricing, claims data) to initiate the process of setting payment rates.
Expired
Citizen Poll