Monday, October 7, 2024

Modern Healthcare: CMS’ new tech innovation strategy targets ‘outdated’ regulation

“CMS Administrator Seema Verma on Thursday unveiled new steps the agency is taking to bolster Medicare coverage of emerging medical technologies.”

“During remarks at the Medical Device Manufacturers Association’s annual meeting in Washington, Verma said the agency is removing what she called government barriers to innovation…”

“The first CMS update would revamp the application process for codes under the Healthcare Common Procedure Coding System, or HCPCS…”

“The second component clarifies coverage of Current Procedural Terminology, or CPT, temporary codes for emerging technologies, also known as category III codes…” Read the full article here.

Source: CMS’ new tech innovation strategy targets ‘outdated’ regulation – By Jessica Kim Cohen, May 2, 2019. Modern Healthcare.

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Jackie Gilbert
Jackie Gilbert
Jackie Gilbert is a Content Analyst for FedHealthIT and Author of 'Anything but COVID-19' on the Daily Take Newsletter for G2Xchange Health and FedCiv.

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