Understanding Reimbursement for Life Sciences Startups

Date: 

Tuesday, March 31, 2015, 6:00pm to 7:30pm

Location: 

Harvard Innovation Lab, Batten Hall, Room 122, 125 Western Avenue, Boston, MA

Click here to register for this free event.

Being able to answer, "Will my device get reimbursed?" has become critical, even for early development stage life sciences companies. From early investment rounds, investors want assurance of a return on their investment, and while they may not expect start-up companies to have all the reimbursement answers, they do expect companies to have identified the correct reimbursement questions. Investors understand that potential provider customers- hospitals and physicians- want to know they can access technologies to advance health care for patients, bill and be paid for their services and preserve their bottom line. Patients play a critical role in decision-making as they weigh their out-of-pocket costs; they want to know if their insurance will cover and pay for treatments.

Importantly, manufacturers need to understand how reimbursement influences access- how payers and providers evaluate clinical and economic evidence supporting the adoption of technology. This presentation will focus on why it is important to create an implementable business strategy that highlights and incorporates obtaining reimbursement and/or defining the value proposition for a product so it can be successfully commercialized in the ever-changing healthcare environment.    

NOTE: We will have a direct "Longwood to i-lab" bus for this event (one trip). More info will be sent to registrants.