by Larry Yost | Dec 15, 2021 | Blog
Developing accurate forecasts is important to medical technology companies for both the financial and operational aspects of the business. Forecasts assist the finance group as they develop revenue plans, determine appropriate expense levels, and forecast the...
by Larry Yost | Mar 17, 2021 | Blog
“Money never starts an idea; it is the idea that starts the money.” – W. J. Cameron A “pitch” deck is used to sell your idea and the associated technology to potential investors. A pitch deck should be a short slide presentation geared towards potential...
by Larry Yost | Feb 1, 2021 | Blog
In the United States, Medicare’s payment system for procedures performed in a hospital outpatient setting differs significantly from the system for inpatient payments (see my last blog post). Outpatient care includes services or procedures performed for patients...
by Larry Yost | Jan 15, 2021 | Blog
As I indicated in my previous post, coding is the link between coverage and payment. Coding provides a mechanism for payers and providers to identify diagnoses, medical services, procedures, drugs, devices, laboratory tests, and supplies. Codes are used on claim forms...
by Larry Yost | Jan 1, 2021 | Blog
I am often approached by clients who are looking for answers as to whether their new medical technology will be reimbursed, or as is often the case, how their device can obtain greater reimbursement than older technologies they will be competing with in the...
by Larry Yost | Dec 1, 2020 | Blog
You’re faced with a dilemma, you have critical clinical data supporting your new technology based on a recently completed study that you need to communicate to your customers. Unfortunately, the deadline has passed for abstract submissions to key medical...
