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V.I. Technologies

This article was originally published in The Gray Sheet

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Executive Summary

Health Care Financing Administration assigns a HCPCS product code and reimbursement rate for the company's PLAS+SD transfusion plasma product. The system utilizes a solvent detergent process to inactivate deadly viruses such as HIV, hepatitis C and hepatitis B in plasma. Effective July 1, the rate has been set at $169, representing a $60 premium over the reimbursement rate for untreated fresh frozen plasma. According to the company, approximately 50-60% of procedures are done on Medicare patients and sales are expected to benefit from the new code

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

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