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Hospitals Want To Work With Vendors In Value-Based Purchasing

This article was originally published in The Gray Sheet

Executive Summary

As hospitals gear up for a value-based purchasing program mandated by the recently enacted health reform law, a new cottage industry is likely to grow among firms pitching products and services that address health care quality measures, according to Richard Bankowitz, chief medical officer for group purchasing organization Premier

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CMS In Brief

CMS expands coverage of PET for solid tumors: Agency finalizes its coverage reconsideration Aug. 4 on positron emission tomography for solid tumors and myeloma, easing its previous strict limit of one FDG PET study per patient during the initial treatment stages. While CMS will continue to nationally cover only one PET scan to determine the location and/or extent of a tumor for therapeutic purposes related to the initial treatment strategy, local Medicare contractors will now have discretion to determine whether to cover additional PET scans as needed during the initial treatment stage. CMS opened the reconsideration late last year at the request of several radiology and nuclear medicine professional societies (1"The Gray Sheet" Nov. 16, 2009)

CMS In Brief

CMS expands coverage of PET for solid tumors: Agency finalizes its coverage reconsideration Aug. 4 on positron emission tomography for solid tumors and myeloma, easing its previous strict limit of one FDG PET study per patient during the initial treatment stages. While CMS will continue to nationally cover only one PET scan to determine the location and/or extent of a tumor for therapeutic purposes related to the initial treatment strategy, local Medicare contractors will now have discretion to determine whether to cover additional PET scans as needed during the initial treatment stage. CMS opened the reconsideration late last year at the request of several radiology and nuclear medicine professional societies (1"The Gray Sheet" Nov. 16, 2009)

Chart: Health Care Reform Implementation Timeline

Now that health care reform is a reality, here are some important events for the medical device sector to look out for.

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