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Japan's "by-function" pricing: firms must prepare for new reimbursement levels -- HIMA.

This article was originally published in The Gray Sheet

Executive Summary

JAPANESE "BY FUNCTION" DEVICE PRICING SYSTEM: MANUFACTURER PREPARATION is essential for upcoming meetings at which Japanese officials will disclose reimbursement levels for devices priced "by function," Terri Zavada, director of global strategy and analysis for the Health Industry Manufacturers Association, recommended Dec. 8 at the HIMA conference, "Doing Business in Japan and Asia." Because it is possible that manufacturers will disagree with MHW's pricing determinations, Zavada advised firms to be prepared to counter them during their meetings with the ministry. In particular, she said that U.S. firms should obtain information from the American Chamber of Commerce of Japan, which has conducted price surveys for medical devices on the Japanese market.
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