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It depends, my market access and reimbursement go-to person Elizabeth Brooks said in this video interview: https://medgroup.biz/evidence. She says, “Our clients tend to fall into one of three traps. 1 – “We don’t need any data.” We’re a 510(k) and didn’t need data for FDA clearance so we won’t need it for market access. Facilities will love us and want to use our technology. 2 – “We need a ton of data.” We need a randomized controlled clinical trial, but we can’t afford it so we’re either going to ‘make do’ or wait until we get more money. 3 – “We’ll get investigator-initiated data.” That way, we don’t have to fund all the evidence. We’ll get well-known academics (our key opinion leaders, anyway) to do it. Most clients miss the nuances. First, you ALWAYS need data. It doesn’t have to be ‘perfect’ and relying solely on investigator-initiated studies is not a good strategy.” Beth and I will co-host a free “What’s Your Clinical Evidence Generation Strategy?” in two weeks. Register at https://medgroup.biz/evidence if you have anything to do with commercialization or reimbursement. “Another thing,” Beth continued, “is to look at each technology as a unique opportunity to benefit the market in a unique way. Your market access strategy should reflect that.” If you attend the live event (Wed, May 15 at noon EST), you’ll get to ask Beth your specific question. Free advice from Beth is a good deal, trust me. See you on the 15th: https://medgroup.biz/evidence. +++ YOUR TURN Thanks again to group member Emanuel Weisgras who contributed to last week’s email about Medical Device Documentation at . Now it’s your turn if you can educate a global audience of busy medical device executives. Reach me at JHage@MedicalDevicesGroup.net and suggest a topic! +++ Make it a great week. Joe Hage P.S. Marketers, check out https://medgroup.biz/Un-Conference. It’s in two weeks, ask me for a discount code. Joe Hage Joe Hage Emily Stephens Paul M. Stein Emily Stephens Suzanne Metro Eugene Salole Greg Freiherr Jodi Akin David P Norby, PhD, CQE (ASQ) David P Norby, PhD, CQE (ASQ) Patricia Shragher Marked as spam
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