CMS sets deadline for new-tech funding
This article was originally published in The Gray Sheet
Executive Summary
Medicare agency will take applications through Nov. 22 for its fiscal 2012 new technology add-on payments, by which new technologies that meet stringent requirements on clinical improvement and that are found to be underpaid can receive special reimbursement for a limited time. Applications and additional information are available at 1www.cms.gov/AcuteInpatientPPS/08_newtech.asp. Only one medical device, the AutoLitt tumor ablation catheter from Monteris Medical, was granted new-tech add-on payment status through the fiscal 2011 application process (2"The Gray Sheet" Aug. 9, 2010)