Insurance Companies Benefit From Reduced Healthcare Reimbursements, Lowering Costs by Approving the Sustained Acoustic Medicine (sam®) Device

AlixPartners Forecasts: Household Products Could Cost U.S. Manufacturers and Consumers 15% More This Year Due to Resin Shortage

While companies can’t control the market forces at play, they can take action to mitigate the risk and impact of supply chain disruption.

How To Control a Radio Frequency (RF) Process

The radio frequency welding and manufacturing process uses electromagnetic energy and pressure to fuse and permanently bond vinyl, thermoplastic, and coated materials to produce a specific product - all according to customer requirements. Using this RF sealing process, a distinct, one-piece perpetual bond is formulated that is both solid and resistant to ripping or tearing. But how is this process controlled, and with what specific tools? Read on.

Cartessa Aesthetics’ Innovative Multi-Modality Treatment Leads Demand for Non-Invasive Body Procedures

PHYSIQ is a novel, dual-modality system that offers deep heat to target tissue and electrical muscle stimulation (EMS) to re-educate muscle – all from one device and in one session.

Jue 23, 2020

Insurance companies benefit from reduced healthcare reimbursements they enjoy when they approve the long duration continuous ultrasound device (sam®).

In fact, approving the device saves insurers well over $30,000 while treating musculoskeletal injuries of the back, shoulder and knee.

At just the fraction of the cost of a surgical procedure, sam® eliminates the risk of infection and injury that can occur as a result of surgery. This helps insurers avoid reimbursing even more costs. sam® is so effective, it can improve surgical outcomes, thereby decreasing the chances that patients will need a follow-up surgery. Furthermore, the solution reduces the need to provide in-office physical therapy and provides pain relief while accelerating healing.

sam® is a non-invasive prescription medical device that patients apply at home to the location of their injury or at the site of their pain. The solution administers a localized treatment. The device is ideal for delaying surgery, as well as improving postoperative healing and surgical outcomes. sam® goes a long way in aiding patients whose healing capability is compromised. Avoiding or delaying surgery to resolve conditions such as disk herniation and tendonitis is much easier with sam®, as the solution also treats pain very effectively. The device provides more than four hours of treatment at 18,720 joules and is backed by over 20 clinical research studies funded by the United States Government.

sam® is the only multi-hour, home-use, ultrasound-based mechanobiological device available and approved by the FDA. The durable device administers treatment similar to sophisticated targeted pharmacotherapy agents, but it delivers a mechanobiological therapy localized to the injury site in order to stimulate biological repair. sam® appears similar to a bone-growth stimulator, but the dosing and treatment regimen is more aggressive. This facilitates the body’s healing process and delays the need for surgery or medication to treat soft tissue injuries, chronic conditions and the pain that can result from both. The solution is priced similarly to a bone-growth stimulator and comes with a one-year warranty.

sam® 2.0 is new technology approved in 2020 by the FDA for use at home. The device is completely unique and based on seven years of development and clinical validation. The generation-one device costs $4,400 and the generation-two device costs $6,800. These prices are modestly expensive considering the significant improvements they give patients. Since the generation-two version of sam® is for the individual patient, the patient owns the device.

sam® is covered for most government employees, and over 90 percent of workers’ compensation insurance carriers to help employees get back to work and reduce medication requirements after injury; this includes professional and college athletes who get injured on the job.

“Insurance companies can significantly decrease their reimbursement costs when they approve sam® and provide better care for their policy holders. The solution has been proven an effective treatment for musculoskeletal injuries and pain relief. By approving sam®, insurers help delay expensive surgeries, as well as the pre-and-post surgical costs associated with them,” said George Lewis, chief executive officer of ZetrOZ Systems.

spot_img

DON'T MISS

Mediclinic Appoints 2 New Independent Non-Executive Directors

Natalia Barsegiyan and Zarina Bassa will bring significant and diverse skills and experience, complementing those of existing Board members. I am confident they will both be great additions to our Board of Directors.”

Asensus Surgical Appoints Two New Board Members

Asensus Surgical, Inc. (NYSE American: ASXC), a medical device company that is digitizing the interface between the surgeon and the patient to pioneer a new era of Performance-Guided Surgery™, today announced the expansion of its Board of Directors, appointing...

Our Sister Publication: Biotechnology News Magazine

Subscribe to Medical Device News Magazine here.