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Reimbursement beefed up for Bard's Lutonix DCB and Medtronic's IN.PACT DCB

Aug. 03, 2015 10:23 AM ETC. R. Bard, Inc. (BCR) StockMDT, BCRBy: Douglas W. House, SA News Editor
  • The U.S. Centers for Medicare and Medicaid Services (CMS) approves a new technology add-on payment for C.R. Bard's (BCR) Lutonix Drug-Coated Balloon (DCB) under the Medicare hospital inpatient prospective payment system to help cover additional costs incurred by hospitals treating Medicare beneficiaries with the product. The maximum add-on payment, which will go into effect on October 1, will be $1,036 when DCBs are used for inpatient peripheral procedures and the total device costs exceed the allowance under existing DRG reimbursement.
  • The Lutonix 035 DCB is an angioplasty balloon coated with a therapeutic dose of paclitaxel.
  • Update: CMS approves a maximum add-on payment of $1,035.72 for Medtronic's (MDT -0.7%) IN.PACT Admiral DCB.

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