Medical Device Reimbursement Consulting for Europe and Japan
Medical device reimbursement processes differ from country to country. There are different levels of reimbursement for patients, doctors and hospitals. For hospitals some countries have implemented the so-called DRG System (Diagnosis-Related Group). This system is fully implemented in many countries such as the US, Australia and some EU countries. The DRG system classifies hospital cases by procedure into different groups, also referred to as DRGs. The original objective of diagnosis related groupings (DRGs) was to develop a patient classification system that related types of patients treated to the resources they consumed.
EUROPE
Although there seems to be a trend of European countries switching over to the DRG system, most countries in Europe have their own reimbursement systems and rules. These medical device reimbursement systems can be quite confusing, complex and are subject to change. EDM can help you identify:
- Reimbursement Systems in place per country.
- Reimbursement Codes used for the different procedures including related costs.
- Reimbursement Tariffs for the different procedures and products.
JAPAN
This lucrative market with more than 127 million consumers. Its medical device market is third in size only to the US and European markets. While qualifying your medical device for reimbursement in Japan is a long process, we can help you every step of the way. We can assist you in determining:
- Whether your product qualifies for medical device reimbursement in Japan.
- Which class and grade your medical device falls into: Class A, B and C.
- Strategies for obtaining the highest level of Japanese medical device reimbursement.
- Steps needed to navigate the medical device reimbursement process in Japan.
- Filing of necessary paperwork with the appropriate regulatory agencies.
