Rating-Based Medical Device Evaluation
Why MPAnalytics is better than a Medical Advisory Board
The majority of new medical devices are unsuccessful in the marketplace, often due to biased or off the cuff advice from physician consultants. The opinions from these consultants are often flawed because the physician has limited knowledge of the clinical and reimbursement potential of new medical devices.
MPAnalytics’ medical consultants are a group of clinically active academic physicians who use analytical processes, rather than anecdotal information, to predict whether the new product will be marketable and reimbursable. Decisions based on thorough evaluation of the product can help predict profitability and commercial feasibility.
