MedTech Dive May 10, 2021
Nick Paul Taylor

Dive Brief:

  • A Cowen analyst predicted CMS will again likely delay the Medicare Coverage of Innovative Technology initiative amid opposition from healthcare professionals.

  • MCIT was originally due to take effect on March 15 but the Biden administration pushed back the start date by 60 days as part of a larger review of Trump-era regulations. The rule is now due to come into force on May 15.

  • Cowen analyst Eric Assaraf¬†wrote in a Friday note that CMS will probably push the start date back further to address the concerns of critics of MCIT, who have warned it will “undermine Medicare’s authority.”

Dive Insight:

The medtech industry is broadly supportive of MCIT, which will mean breakthrough...

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