The Biden administration has put the kibosh on a highly anticipated rule that would’ve given immediate Medicare coverage to breakthrough medical devices. The US Centers for Medicare and Medicaid Services (CMS) says as it stands, the rule would require reimbursement for products not proven to work in patients 65 and older, and for that reason it’s proposing to stop the rule from going into effect.
The Medicare Coverage for Innovative Technologies (MCIT) rule has been touted by industry and other proponents as a critical step...