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Clinical Nutrition Pricing and Reimbursement Trends in North America and Europe
Business Insights, Aug 2011, Pages: 131
In response to rising health care costs, health care payers in the US, Canada and EU are tightening pricing and reimbursement policies for virtually all products including clinical nutrition. This report examines recent and upcoming pricing and reimbursement changes for clinical nutrition products and assesses their impact on the market.
Features and benefits
- Allows clinical nutrition product developers to understand the impact of pricing and reimbursement rates on new products.
- Allows marketers to predict how clinical nutrition pricing and reimbursement rates will change over the next several years.
- Outlines pricing issues affecting different regions and how these regions compare in terms of clinical nutrition pricing and reimbursement.
- Provides in-depth coverage of the merging trend towards declining enteral nutrition reimbursement
- Permits readers to understand how pricing and reimbursement trends are shaping clinical nutrition product usage.
Highlights
Although reimbursement pressure is strongest in the EU and Canada, US payers are also tightening their policies related to clinical nutrition. New competitive bidding practices in the US will reduce out-patient enteral nutrition product prices by about one third, and will also pressure product prices for in-patients.
Major manufacturers of enteral nutrition products are currently working to introduce more specialized, higher priced products. New lower cost multi chamber bags are pressuring prices for parenteral nutrition. Several major manufacturers are now selling products directly to customers, thereby circumventing third party distributors and related fees.
Usage of clinical nutrition products is rising with an aging population in the US, Canada and EU as well as rising incidence of illnesses and conditions that often require clinical nutrition. Rising health care spending has resulted in cost cutting initiatives that are impacting the entire health care market place, including clinical nutrition.
Your key questions answered
- Why are clinical nutrition reimbursement rates for some products declining?
- Which clinical nutrition products are most subject to pricing pressure?
- In which regions/countries are pricing and reimbursement pressure most intense?
- How are manufacturers responding to changes in clinical nutrition reimbursement policies?
- How will clinical nutrition pricing and reimbursement change in the future?
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