SOURCE: iData Research

iData Research

January 05, 2017 16:00 ET

Reimbursement Policy Trends are Affecting Pricing across the US Gastrointestinal Endoscopic Device Market According to iData Research

VANCOUVER, BC--(Marketwired - January 05, 2017) - iData Research (www.idataresearch.com), a leading international market research and consulting firm, has published results regarding the effects of reimbursement changes on the U.S. gastrointestinal (GI) endoscopic market. Research has shown that market demand continues to undergo consolidation with hospitals acquiring outpatient facilities and expanding the reach of group purchasing organizations (GPOs) coupled with reimbursement cuts across the GI space. The average selling prices are expected to remain under significant pressure, thus negatively impacting the future growth of the market.

"As more devices enter this market and reimbursement structure becomes more favorable, the market penetration is expected to rise significantly," explains Dr. Kamran Zamanian, CEO of iData. "As a result, the anti-reflux segment, for example, is expected to experience double-digit growth over the next few years."

Contact iData Research to schedule a demo with iData's Reimbursement Tracker Team. They will walk you through the dashboard and show you how Reimbursement Tracker can help you limit any loss of business that may occur as a result of changes to procedural coverage by a given provider, or Medicare rate changes.

iData Research Reimbursement Tracker Key Features Include:

  • Customize the dashboard to track policies for your specific therapeutic area, CPT or ICD-10 codes and keywords
  • Search the entire database of 60,000+ active, future and draft policies from government and private insurers
  • Receive real-time email notifications and avoid the time-consuming manual tracking of policies
  • View policy and rate changes over time to identify trends
  • View Medicare reimbursement rates by CPT code, time period and location
  • See a future outlook and act before changes happen with the Policy Review Date Calendar

Stop making decisions based on guesses and don't waste any more time scouring policies for details and changes. Request a guided demonstration of the Reimbursement Tracker product. iData specialists will walk you through exactly how you can use this easy-to-navigate dashboard to find key information on the private or government insurance policies and reimbursement rates that affect your business.

About Reimbursement Tracker

iData Research's Reimbursement Policy Tracker enables medical device, pharmaceutical and healthcare professionals to receive real-time policy updates from hundreds of insurance companies and 60,000+ policies across all therapeutic areas in the United States.

About iData Research

iData Research (www.idataresearch.com) iData Research is an international market research and consulting firm dedicated to providing the best in business intelligence for the medical device, dental and pharmaceutical industries. Our combination of specialized focus, market expertise and experience has resulted in a deep understanding of the medical device industry. iData empowers our clients to achieve success through making intelligent data-driven decisions. To build unique products, provide solutions through data, make intelligence actionable, propel success, earn the trust of clients, inspire innovation and impact the world.

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