Advanced Medical Technology Association
Bringining innovation to patient care worldwide |
Plan StatusOngoing advocacy.Number of People CoveredNot addressed.
Estimated CostNot addressed.
Payment Scheme AdvaMed believes that proper use of technology to prevent and cure disease can yield savings. |
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Plan in Brief
- AdvaMed—whose members are developers of medical devices, diagnostics, and information systems—advocates on policy, economic, and legal issues with the goal of advancing innovation and improving global health care.
- AdvaMed supports value-based approaches to health care such as pay-for-performance, physician efficiency standards, and “gainsharing.”
- AdvaMed warns that cost-cutting, if not done thoughtfully, can actually increase health care costs in the long run.
- AdvaMed supports measures that will improve the quality of care and warns against measures, such as Medicare cuts, that would decrease the quality of care.
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Impact on Federal Government
- AdvaMed works with the FDA on various issues and supports measures to ensure that the FDA has appropriate resources, balanced with reasonable fees, to ensure that device approvals remain timely.
- AdvaMed opposes cuts in Medicare funding.
- AdvaMed believes the federal government should provide incentives to promote health information technologies.
Impact on States
Impact on Insurers
- AdvaMed supports efforts to expand health care coverage.
- AdvaMed believes payers should provide incentives to promote health information technologies.
Impact on Providers
- AdvaMed supports pay-for-performance and physician efficiency standards.
Impact on Employers
Impact on Individuals
- AdvaMed supports efforts to expand health care coverage.
Proponents/Opponents
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Health IT, in its various forms (electronic health records, telemedicine), is widely advocated. It is, in fact, a key component of most proposals for health care reform aimed at reducing costs and improving quality and efficiency. AdvaMed’s strong support of initiatives that will drive innovation and uptake of health IT—incentives for developers and users and regulation that will promote but not impede development—positions it as a key voice in health IT.
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As a trade organization representing developers of devices, diagnostics, and other health-related technologies, AdvaMed is a target of critics who attribute the health care cost crisis to the expense of technologies sold by a profit-driven industry.
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Key Targets for Investment Health information systems, including remote patient monitoring, electronic health records, and telemedicine.
Clinical laboratory services.
Disease prevention and management.
Notable Feature
- AdvaMed is also working to optimize international markets for medical technology and advocates, among other things, reforms in Japan’s medical reimbursement policy and expanded access to emerging markets such as China.
- AdvaMed supports Small Business Innovation Research (SBIR) grants for small technology companies and permanently extending the R&D tax credit.
Experts' Comments“I would not anticipate that whoever gets elected will get what they want enacted."
-- David Nexon
Senior Executive Vice President, AdvaMed.
“If you put it to the American people, do you want to save money or have medical progress, 99% will vote for medical progress. What we should not do is rationing of new technology, setting up standards of proof that are so high it is impossible to get coverage."
-- David Nexon
Senior Executive Vice President, AdvaMed.
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For Further Information
About AdvaMed
Changing Perception of Industry a Priority for AdvaMed
Estimates of Medical Device Spending in the United States
Advamed Says of Health Care Inflation, Not Me
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