URAC has joined the American Telemedicine Association (ATA), the College of Healthcare Information Management Executives (CHIME) and 33 other organizations in support of the Centers for Medicare & Medicaid Services’ (CMS’) plan to expedite review of novel medical devices for Medicare coverage.
The transitional coverage for emerging technologies (TCET) pathway proposed by CMS uses national coverage determination and coverage with evidence development to expedite Medicare coverage of FDA-designated breakthrough remote patient monitoring devices.
It is designed to reduce manufacturer burden and help patients and physicians make better health care decisions. In short, this transition improves patient care, and thus prevents hospitalizations and reduces costs to the patient, and the health care provider.
The pathway supports the “responsible use of digital and connected health technologies,” according to a letter signed by the organizations.