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AdvaMed Calls For Guidance On Physician Investment In Device Firms

This article was originally published in The Gray Sheet

Executive Summary

AdvaMed is soliciting guidance from the HHS Office of Inspector General (OIG) regarding potentially unlawful arrangements between device manufacturers and physicians

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Inpatient Payment Proposal In Brief

ICD payments refined: CMS proposes to distinguish between procedures for implantable cardioverter defibrillator leads and ICD pulse generators in fiscal year 2009 with new Medicare severity diagnosis-related groups (MS-DRGs). Although the average length of hospital stay related to both types of procedures is similar, charges for cases of implantation or replacement of defibrillator leads average $42,896, while those for implantation or replacement of pulse generators average $72,866, according to a CMS analysis in its proposed hospital inpatient 1payment rule, released April 14. The proposed split in payment classifications was manufacturer-requested, CMS notes

Inpatient Payment Proposal In Brief

ICD payments refined: CMS proposes to distinguish between procedures for implantable cardioverter defibrillator leads and ICD pulse generators in fiscal year 2009 with new Medicare severity diagnosis-related groups (MS-DRGs). Although the average length of hospital stay related to both types of procedures is similar, charges for cases of implantation or replacement of defibrillator leads average $42,896, while those for implantation or replacement of pulse generators average $72,866, according to a CMS analysis in its proposed hospital inpatient 1payment rule, released April 14. The proposed split in payment classifications was manufacturer-requested, CMS notes

Physician Investment In Device Firms Warrants Government Scrutiny – OIG

In another sign of increasing government scrutiny of medical device industry sales and marketing practices, the HHS Office of Inspector General (OIG) indicated in an Oct. 6 letter that it is keeping a close eye on physician investments in device firms

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