Biomedical subjects
Publications and source records attributed to Pamela A Palazola.
How will acquiring new medical device technologies affect your managed care contracts? In anticipation of changes, consider including provisions in these agreements that: Clarify how coverage for new technology will be managed. Establish a process should payment disputes occur over new technology coverage.
The use of new technology in an existing healthcare service can have a far-reaching impact on a hospital's financial health. An understanding of the financial impact of a service before new technology is added is helpful in preparing to negotiate for appropriate payment for the new technology. The indirect financial impact of new technology on related and unrelated healthcare services should be projected for use in managed care negotiations. Managed care payers seek proof of immediate savings when deciding on payment increases for new technology.