How much does a Conformis knee cost?
Total direct costs analysis: $9,341 for Conformis iTotal® patients (savings of $1,006 to $1,263 per patient) $10,347 for Zimmer Persona® patients. $10,604 for Stryker Triathlon® patients.
What does the company Conformis do?
About Conformis We are a medical technology company that uses our proprietary iFit Image-to-Implant technology platform to develop, manufacture and sell joint replacement implants that are individually sized and shaped, which we refer to as customized, to fit each patient’s unique anatomy.
Is Conformis knee replacement covered by Medicare?
2014). February 2011, and since then, over 100,000 patients have received Conformis knee replacements. The Conformis System is covered by over 90% of commercial payors, including United HealthCare, Cigna, and Anthem Blue Cross and Blue Shield; it is also covered by the Centers for Medicare and Medicaid Services.
How long has Conformis been in business?
Conformis
Type | Public Company |
---|---|
Founded | 2004; 17 years ago |
Founder | Dr. Phillipp Lang |
Headquarters | Billerica, Massachusetts |
Key people | Mark A. Augusti, President and CEO |
Is Conformis covered by Medicare?
Our implants are covered under most private insurance, as well as Medicare, as any other joint replacement would be. As with any other procedure, we highly encourage you to connect with your surgeon’s billing person to confirm coverage and take care of any necessary pre-authorizations.
Does insurance cover custom knee replacement?
Most health insurance plans—including Medicare and Medicaid—cover knee replacement surgery. If your insurance plan covers it, your doctor will need to establish that it is medically necessary.
Is ConforMIS FDA approved?
Conformis Inc. has announced FDA 510(k) clearance of the Identity Imprint total knee replacement system, according to a press release. the 6 weeks lead time for the iTotal Identity fully personalized system,” Mark Augusti, president and CEO of Conformis, said in the release.
What is the average out of pocket cost for knee replacement?
Studies show that total average cost for a knee replacement in the United States in 2020 is somewhere between $30,000 and $50,000.
Is Conformis FDA approved?
Is Conformis covered by insurance?
Our implants are covered under most private insurance, as well as Medicare, as any other joint replacement would be. In a typical off-the-shelf knee replacement, the surgeon has to select an implant from a limited range of standard sizes.