Navigation Links
CardioWest™ Artificial Heart Approved For Highest Reimbursement in CMS History : Plus Up To $53,000 New Technology Add-on Payments
Date:8/7/2008

On July 31, the Centers for Medicare and Medicaid Services (CMS) issued its final decision to reimburse the CardioWest temporary Total Artificial Heart (TAH-t) through the highest paying Diagnostic Related Group codes, MS-DRG 001 and 002. In addition, CMS also approved the CardioWest artificial heart for new technology add-on payments for FY 2009, which starts Oct. 1, 2008.

TUCSON, Ariz. (Business Wire EON) August 7, 2008 -- On May 1, 2008, CMS reversed its 1986 non-coverage policy for artificial hearts and approved Medicare reimbursement for the CardioWest artificial heart when implanted as part of an FDA study that meets CMS specifications. For more than two decades prior to this decision, Medicare denied reimbursement for the CardioWest artificial heart.

In the July 31 decision, CMS agreed that, "the TAH-t fulfills a role that no other mechanical circulatory support device can for patients in irreversible biventricular failure."

The thresholds for new technology add-on payments for MS-DRGs 001 and 002 are $345,031 and $178,142 respectively and are retroactive to May 1, 2008. CMS also finalized a new technology add-on payment for the CardioWest artificial heart of up to $53,000, starting Oct. 1, 2008.

"We continue to believe that the TAH-t meets the newness criterion despite having received FDA approval more than three years ago because it was not covered by Medicare until May 1, 2008," the CMS decision stated.

"This decision helps ensure that our hospitals receive adequate reimbursement for the life-saving artificial heart technology they provide," said Rodger Ford, CEO and president of SynCardia Systems, Inc., manufacturer of the CardioWest artificial heart. "In the past, hospitals and their patients have experienced great success with our device, but hospitals risked taking substantial economic losses in or
'/>"/>

Source: PRWeb
Copyright©2008 Vocus, Inc.
All rights reserved  

0

GOOD

Page: 1 2

Related biology technology :

1. MIT: Leveraging learning for artificial respiration
2. MIT: Leveraging learning for artificial respiration
3. DNA sensors found to be an effective artificial nose
4. Memory in artificial atoms
5. Stretchable silicon camera next step to artificial retina
6. Thoratec Announces HeartMate II(R) PMA Will be Reviewed by FDA Advisory Panel
7. ATS Medical Expands Open Pivot Heart Valve Offerings
8. Cardicas C-Port(R) Flex A Anastomosis System Allows Surgeons to Perform Revolutionary Closed-Chest Heart Bypass Surgeries
9. Signalifes Dr. Harmison Launches Award-Winning Ambulatory Heart Monitor
10. Cleveland Clinic-Led Research Uncovers New Mechanism That Heightens Risk of Heart Disease
11. New Licence for Cubicin(R) (daptomycin), the First in a Novel Class of Antibiotic, is Announced Today for the Treatment of Serious Bloodstream and Heart Infections Caused by the Most Problematic UK Organisms, Including MRSA
Post Your Comments:
*Name:
*Comment:
*Email:
Related Image:
 CardioWest™ Artificial Heart Approved For Highest Reimbursement in CMS History :  Plus Up To $53,000 New Technology Add-on Payments 
(Date:6/18/2013)... June 18, 2013 Though health care ... according to the U.S. Bureau of Labor Statistics -- the ... 24,000 per month. Most new health care jobs were added ... sector saw a loss of 6,000 jobs. Overall, the U.S. ... firm Challenger, Gray & Christmas reported that a total of ...
(Date:6/18/2013)... June 18, 2013 Earlier this year, Google ... platform. As this directly impacts the core component of ... one of the most sweeping updates since its inception in ... Technologies recently posted a very informative article on ... ‘must-have’ upgrade date for enhanced campaigns . Only ...
(Date:6/18/2013)... Kitware , a leading developer ... Fast-Track award from the U.S. Department of Energy for ... the nuclear power industry. , Construction of nuclear power ... years, but the United States’ nuclear power industry has ... plant utilization through improved refueling, maintenance, and safety systems ...
(Date:6/17/2013)... Fort Belvoir, VA (PRWEB) June 17, 2013 ... its annual Basic Research Technical Review at the Waterford ... 2. More than 300 grant awardees will present technical ... research. Technical sessions will cover a broad range of ... Recognition; (2) Cognitive, Information and Network Science; (3) Science ...
Breaking Biology Technology:MedZilla Employment Report for June 2013 -- Jobs in Health Care Grow, But at Slower Pace 2MedZilla Employment Report for June 2013 -- Jobs in Health Care Grow, But at Slower Pace 3Core and More Technologies Helps Organizations Migrate to Google’s Enhanced Campaign Structure 2Core and More Technologies Helps Organizations Migrate to Google’s Enhanced Campaign Structure 3Kitware to Develop an Open-Source HPC Design-Analysis Environment for Nuclear Energy Research 2Invitation to Register: Annual Defense Threat Reduction Agency Basic Research Technical Review 2
... Also Shows Stable Attitudes on Using Biotechnology for Food Production , ... ... the need to feed more people with fewer resources becomes increasingly challenging, ... more people are thinking about the concept of sustainable food production and ...
... 23 MedImmune today announced,that researchers will present ... Annual Meeting of the American College of Rheumatology, ... Center in San Francisco, California., "MedImmune is ... patients,struggling with systemic autoimmune rheumatic diseases," said Barbara,White, ...
... Authored A New Understanding Of Heart Failure, LA ... Board: DSKA) ("Duska") announced today that Jonathan S.,Stamler, M.D., ... advise on the clinical development of CDP-1050, a drug ... is the George Barth Geller Professor of Research in,Cardiovascular ...
Cached Biology Technology:Consumers Looking to Sustainable Food Production to Feed Global Population 2Consumers Looking to Sustainable Food Production to Feed Global Population 3Consumers Looking to Sustainable Food Production to Feed Global Population 4Consumers Looking to Sustainable Food Production to Feed Global Population 5MedImmune Presents Data Highlighting its Progressive Inflammatory Disease Portfolio at the 72nd Annual Meeting of the American College of Rheumatology 2MedImmune Presents Data Highlighting its Progressive Inflammatory Disease Portfolio at the 72nd Annual Meeting of the American College of Rheumatology 3Leading Heart Specialist Joins Duska Therapeutics as Scientific Consultant 2Leading Heart Specialist Joins Duska Therapeutics as Scientific Consultant 3Leading Heart Specialist Joins Duska Therapeutics as Scientific Consultant 4Leading Heart Specialist Joins Duska Therapeutics as Scientific Consultant 5
(Date:6/18/2013)... 2013 The herbal extract of a yellow-flowered mountain ... increase the lifespan of fruit fly populations by an ... , But it,s how Rhodiola rosea ... grabbed the attention of study leaders Mahtab Jafari and ... in a manner completely unrelated to dietary restriction and ...
(Date:6/17/2013)... MA Women in the U.S. exposed to high levels ... likely to have a child with autism as women who ... study from Harvard School of Public Health (HSPH). It is ... and air pollution across the U.S. , "Our findings raise ... the women in our study lived in areas where risk ...
(Date:6/17/2013)... On June 6, professors in Wayne State ... National Science Foundation-funded (NSF) Research Experience for Undergraduates ... an opportunity to do cutting-edge research in astrophysics, ... According to Alexey Petrov, Ph.D., professor of physics ... principal investigator and program director of the grant, ...
Breaking Biology News(10 mins):Herbal extract boosts fruit fly lifespan by nearly 25 percent, UCI study finds 2Exposure to high pollution levels during pregnancy may increase risk of having child with autism 2Wayne State welcomes undergraduates from around the US for physics research experience 2
... A study by researchers at the University of California, San Diego ... in Tijuana, Mexico is increasing, and much higher than had been ... a team of researchers working in San Diego and Mexico to ... , The number of men and women aged 15 to ...
... A rare frog that lives in rushing streams and waterfalls ... the roar of flowing water by communicating ultrasonically, scientists reported ... frog to hear ultrasounds are made possible by the presence ... , "Our research points out an elegant and novel solution ...
... first conclusive evidence that neurodevelopmental disorders such as ... disease, Parkinson's disease and ataxias can be caused, ... that interfere with the electrical impulses of rapid-firing ... implicated gene, KCNC3, and two mutations are described ...
Cached Biology News:HIV/AIDS rates in Tijuana, Mexico increasing at alarming rate 2HIV/AIDS rates in Tijuana, Mexico increasing at alarming rate 3Frog’s ear canal may provide insights for understanding human hearing loss 2Frog’s ear canal may provide insights for understanding human hearing loss 3Study ties 'new' cell-death mechanism to developmental and degenerative brain disorders 2Study ties 'new' cell-death mechanism to developmental and degenerative brain disorders 3
normal rat IgM AF647...
Chicken anti-EEA1...
Animal Origin Free...
... Cell Dissociation Buffers are membrane-filtered ... salts chelating agents and cell-conditioning agents ... balanced salt solution or Ca2+- ... dissociation of mammalian cells from support ...
Biology Products: