Solutions
Solutions
At Market Access Experts we provide expert market access solutions tailored to help medical device companies successfully navigate the complexities of reimbursement, commercialization, and regulatory compliance. Our strategic approach ensures your innovation reaches the right patients with optimal coverage and payment.
Regulatory Strategy & Approval Pathways
Bringing an implantable medical device to market requires navigating a complex regulatory landscape.
Reimbursement & Health Economics
Reimbursement is a critical factor in the commercial success of an implantable device.
Market Entry & Commercialization
Successful market entry requires a well-defined strategy.
Stakeholder Engagement & Advocacy
Gaining support from key stakeholders, including healthcare providers, payers, and policymakers, is crucial.
Solution
Market Access Strategy Development
- Comprehensive market access planning to optimize reimbursement pathways
- Payer landscape analysis to identify key coverage opportunities
- Health economic modeling to demonstrate product value
Market Access Strategy outlines the approach to effectively navigate reimbursement and market barriers to successfully launch and grow products in today’s healthcare market.
Solution
Reimbursement & Coding Optimization
Reimbursement & Coding involves securing payment for medical devices through accurate coding, ensuring compliance with healthcare regulations, and optimizing reimbursement processes.
- CPT, HCPCS, and ICD-10 coding strategy development
- Coverage gap analysis and coding recommendations
- Reimbursement forecasting and financial modeling
Solution
Payer Engagement & Advocacy
Payer Engagement & Advocacy focuses on building strong relationships with insurers and stakeholders to influence coverage decisions and secure favorable reimbursement for medical devices.
- Development of payer engagement strategies and value dossiers
- Direct communication and negotiations with private and government payers
- Preparation of reimbursement applications and appeals
Reimbursement pathway analysis
Ensuring that the pathway you have chosen is the correct path for your product. This involves mapping out multiple scenarios and thinking broadly on how to get your product across the reimbursement finish line, as quick as possible without leaving any money on the table.
- Coding strategy development for new medical technologies
- Pricing and contracting strategy to optimize revenue potential
- Stakeholder engagement, including specialty societies and payers
Solution
Compliance Support
Compliance Support helps ensure medical devices meet all local and international regulatory standards, facilitating smooth approval and market entry.
- Tailored advisory services to meet unique business challenges
- Training sessions for internal teams on market access best practices
- Ongoing support to adapt to industry shifts and regulatory updates