MedDevice Alliance
Hospital Outpatient Prospective Payment Update
Lower hospital outpatient payments could reduce device purchasing budgets. However, site-neutral policies may shift procedures to ASCs where some MedDevice members have stronger market share.
Medicare Part D Negotiation Methodology Update
Companion diagnostics tied to negotiated drugs may see volume shifts. Impact depends on whether negotiated prices reduce overall prescribing or shift to alternatives.
IRA Drug Negotiation List Expansion (Round 3)
Companion diagnostics for listed drugs may see volume shifts. 4 MedDevice members manufacture diagnostics paired with newly listed therapies.
Rural Hospital Preservation Act
Rural hospital infrastructure investment may increase medical device procurement, but smaller rural facilities have limited capital budgets for advanced equipment.
Medical Device Innovation Act
Core legislative priority. 90-day breakthrough review and AI/ML framework directly benefit 12 of 18 MedDevice Alliance members. $200M grants fund next-gen device development.
AI/ML-Based Medical Device Guidance
AI/ML framework benefits MedDevice members developing AI-assisted surgical and diagnostic systems. 8 members have AI device products that benefit from clearer pathway.