Medicare Pass-Through System. Innovation Gateway- Dr. William Wiley

Have you heard of the Medicare Pass-Through System for reimbursement? Dr. Wiley gives a high level overview on how the #passthrough system helps with #innovation. The pass-through payment system is a critical component of Medicare's reimbursement framework, reflecting the program's commitment to innovation, quality care, and fiscal responsibility. It balances the need to support new medical technologies with the necessity of managing healthcare costs and ensuring that Medicare beneficiaries have access to the best available care. In the #eyecare space we have had products such as #iheezo #omidria #dextenza and #dexycu all recieve pass-through designation. The primary goal of the pass-through payment system is to encourage the adoption of innovative technologies and treatments that can improve patient outcomes. By providing additional financial support for these items, Medicare aims to facilitate access to cutting-edge medical advancements for its beneficiaries. ref: United States Government Accountability Office. (2021) MEDICARE PART B Payments and Use for Selected New, High­ Cost Drugs. https://www.gao.gov/assets/720/712727.pdf Dr. Wiley lists relevant financial disclosures with: Harrow, Johnson and Johnson, Alcon, RxSIght, Zeiss, Abbvie, Rayner, CXLUSA, Nova Eye, Cassini and Glaukos #medicare #passthrough #reimbursement #innovation #cataractsurgery #patientcare