MedTech Dive May 10, 2021
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.”
The medtech industry is broadly supportive of MCIT, which will mean breakthrough...