AdvaMed works with the association’s member companies and a broad range of stakeholders to develop and advocate for policy positions that expand patient access to medical technologies broadly, and also innovations and other advances in technologies that improve patient care outcomes. Using a consensus-based approach, the Payment & Health Care Delivery Policy department develops strategies for improving Medicare coverage and payment systems and methodologies that impact patients, providers, and suppliers of Medicare-covered items and services, including hospitals, doctors, durable medical equipment suppliers and others. Medicare issues annual regulations that update its payment systems and announce new policies, or revise existing policies, that can affect provider/supplier payments. AdvaMed develops comments on these major annual rules, advocating for policies that support medical technology innovation and patient access.

The Payment Department pursues broad initiatives, such as AdvaMed’s Value Initiative, providing member companies with a framework and tools for assessing the value of their medical technologies and communicating that value effectively through evidence development to interested stakeholders, including patients, clinicians, hospitals and payers. The Department also works through member-driven work groups that focus on coverage, coding and payment policy in specific areas such as inpatient and outpatient hospital and physician payment, diabetes, digital health, radiation therapy, durable medical equipment, diagnostic testing, and more.

Value Framework Toolkit

The AdvaMed Value Framework Toolkit is an online resource exclusively for AdvaMed member companies to comprehensively assess the value of a new technology and the evidence needed to support its use.