MedTech Terms
    The authoritative reference
    Glossary

    All MedTech Terms

    380 sourced definitions covering the regulatory, quality, software, and cybersecurity vocabulary of modern medical devices.

    Showing 1–24 of 31

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    340B Drug Pricing Program(340B)

    Federal program providing discounted drugs to safety-net providers.

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    ASC Site-of-Service Shift

    Migration of procedures from hospitals to ambulatory surgery centers.

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    Bundled Payment

    Single payment that covers all services for an episode of care.

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    Category III CPT Code

    Temporary CPT code for emerging technologies and services.

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    Category III CPT Codes

    Temporary CPT codes for emerging technologies, services, and procedures.

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    Coverage with Evidence Development(CED)

    Medicare paradigm conditioning coverage on participation in approved clinical studies or registries.

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    Coverage with Evidence Development(CED)

    Conditional Medicare coverage tied to additional evidence collection.

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    CPT Codes(CPT)

    AMA-maintained codes that describe medical procedures and services.

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    Current Procedural Terminology Codes(CPT)

    AMA-maintained codes used to report medical procedures and services for billing.

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    HCPCS Codes(HCPCS)

    CMS-maintained codes for products, supplies, and services not in CPT.

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    Health Technology Assessment(HTA)

    Systematic evaluation of clinical and economic value of a health technology.

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    ICD-10-CM / ICD-10-PCS

    Diagnosis (CM) and inpatient procedure (PCS) coding systems used in U.S. claims.

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    Incremental Cost-Effectiveness Ratio(ICER)

    Cost per additional unit of health outcome (often QALY) versus comparator.

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    Inpatient Prospective Payment System(IPPS)

    Medicare's payment system for inpatient hospital stays.

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    Joint Clinical Assessment(JCA)

    EU-wide clinical assessment of high-risk medical devices and IVDs.

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    LCD and NCD

    Local and National Coverage Determinations from Medicare.

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    Medicare Physician Fee Schedule(MPFS)

    Medicare's payment system for physician professional services.

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    MS-DRG(MS-DRG)

    Medicare's inpatient hospital payment classification system.

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    National and Local Coverage Determinations(NCD / LCD)

    Medicare coverage policies issued nationally (NCD) or by individual MAC contractors (LCD).

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    New Technology Add-On Payment(NTAP)

    Supplemental Medicare payment for inpatient use of qualifying new technologies.

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    Outpatient Prospective Payment System(OPPS)

    Medicare's payment system for hospital outpatient services.

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    Prior Authorization

    Payer requirement for approval before a service or device is covered.

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    Protecting Access to Medicare Act(PAMA)

    Law that revised Medicare pricing for clinical lab services.

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    Quality-Adjusted Life Year(QALY)

    Outcome metric combining length and quality of life used in HTA.