1. The Problem
You designed a new and impressive medical device that provides significant medical advantages in a affordable manner.
You know the UK has one of the biggest medical device markets in the world, placed together with Italy as the second biggest in European countries behind Malaysia.
You strategy on getting your item approved in European countries and complete the CE mark procedure relatively easily and you already finalized contracts with regional UK suppliers.
The only issue - will your device be refunded, or in other words, will the UK Nationwide Wellness Support (NHS) pay for it?
Since your item is new, there are probably no present reimbursement techniques (codes, protection and transaction rates) into which it could fit. On the other hand, to be able to apply for the growth of new reimbursement techniques, your device should first be in extensive use by UK doctors for the regional individual inhabitants. But since your device doesn't currently fit into any reimbursement techniques, doctors are hesitant to use it, and therefore it will never reach a extensive users list to rationalize the development of new reimbursement techniques...
Sounds like a Catch-22, right?
Luckily, the NHS functions an Advancement Purchase Plan designed to motivate the quick usage of impressive new technological innovation. Similar to the USA Centers for Medical health insurance & State health programs solutions (CMS) "Health Proper care Advancement Awards" program, the UK's NHS is aware of that "innovation must be central to the NHS", showing that innovation will be motivated domestically by ideal health regulators (SHAs) with a lawful liability to advertise innovation; and that front-line innovation will be reinforced through the development of significant new innovation resources held by SHAs.
In this article, we will try to explain the requirements, the appropriate choice creators and the overall procedure that may help you make use of this strategy to accomplish the commercialization of your item in the UK industry.
But first, we offer a short information of the NHS below.
2. The UK Health care System