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Pricing and Reimbursement
European Market Access and Reimbursement
Medical device companies are developing innovative technologies and therapies with short life cycle.
The CE marking and the early EU market access is a valuable option prior to enter other global key markets.
The challenges of the European market are the national differences in coding, coverage and payment for new and innovative medical devices. In addition, the Diagnosis Related Groups (DRGs) systems in various EU countries are regularly being reevaluated with potential impact on medical device sales.
VISAMED can guide you to the complex environment to gain faster market access across Europe.
The health technology assessment (HTA) approach is used by European payer organizations to evaluate new and innovative medical device technologies on the basis of their clinical value, cost-effectiveness and other health economic factors. The preparation of an HTA is key to protect a representative price level and reimbursement for the medical devices of our clients.
EU market access for your medical device
VISAMED will provide a reimbursement guide for your device by carefully analyzing the disease management process and environment in the target market.
VISAMED will position your device into the current reimbursement situation in order to establish the ideal fit.
We can develop a reimbursement, funding and pricing strategy to gain early market presence and ensure proper payment. This has helped our clients to gain early return and build for long-term success. VISAMED has over a decade of reimbursement solving experience.
VISAMED has a team of reimbursement experts with a broad knowledge base and with excellent working relationships with key decision makers from health authorities, public and private health insurance organizations, evaluation committees, medical associations, key opinion leaders, and clinical experts in the relevant countries and therapeutic areas.
Services:
Preparation of Reimbursement Guide
Evaluation of current payment rates with identification of potential coding expansions
Targeted reimbursement advice to your medical device in each relevant market in Europe
Development and Implementation of Reimbursement Strategy
Identification of reimbursement processes for new and innovative medical devices
Preparation of new Code Applications and Reimbursement Applications
VISAMED is preparing and submitting formal reimbursements applications per country as well as pricing application dossier and support during negotiation with the authorities.
Core Value Dossiers
"Generic Dossier" preparation that can then be locally adapted to meet expectations from national authorities and/or payers organisms in the different countries.
Economic Modeling
Economic analysis adapted to the relevant expectation from the authorities.
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