LCD Flashcards

1
Q

LCD

A

Local coverage determination is a decision by Medicare administrative contractor (mac) on whether a particular service or product is reasonable and necessary, and therefore covered by Medicare within the specific jurisdiction that mac oversees

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2
Q

ASP

A

Average sales price is the weighted average price submitted by manufacturers for part B- covered drugs, biologicals, and related items.
- CMS publishes the National payment rate (ASP+6%) quarterly
- this applies to Q code products

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3
Q

Why new LCDs were published

A

Worsening Medicare spending crisis underscored the need for overhaul
2020 - half a billion
2022 - 1.5 billion
2023 - 4 billion
Over $3,500 per sqr cm for some ASP
- rebate over a billion per month
- multiple new skin grafts / no clinical evidence

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4
Q

Mimedx part in the new lcd

A
  • partnered with clinical stakeholders to advise CMS and the MACS on coverage proposals and revisions
  • patient care / access focused solutions
  • guidelines based on evidence
  • reimbursement for clinically proven and published treatments
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5
Q

Different than LCD in 2023

A

-Only 3 macs released future effective lcds
- all 7 MACs agreed in unison with CMS
- there were public comments that were reviewed and addressed
- 2024 was revised based on commentary

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6
Q

Summary of LCD changes

A
  • takes effect on 2/12/2025
  • only address skin sub for DFU / VLU
  • other wounds is for wound care reasonable and necessary
  • limit to 8 applications over a 12-16 week period
  • 204 skin subs will no longer be covered
  • Epifix for dfu and vlu / Epicord dfu
  • dfu 17 covered products
  • vlu 5 covered products
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7
Q

Why Mimedx made the list

A
  • sharing industry & best practice data
  • AHRQ information and Medicare data education
  • cooperative and responsive to CMS and MAC in providing information and data , FDA, clinical , etc.
    Link to broad commercial coverage which requires elevated data ( 8 level one RCt’s)
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