Med-techs propose new prostheses price model

The Australian

10 April 2017 - A group of Australian med-tech companies is seeking a meeting with Health Minister Greg Hunt to push a new pricing model for the Prostheses List to end the bitter battle with private health insurers.

LifeHealthcare chief executive Matt Muscio is spearheading the proposal, saying the next couple of months are critical, given a senate inquiry on the controversial pricing list for medical devices is scheduled to report its findings.

“If we’re not part of the solution we are going to remain part of the problem,” Mr Muscio said.

Mr Muscio’s ASX-listed company is a major distributer of medical devices to hospitals and clinics around the country.

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Michael Wonder

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Michael Wonder