"A recommendation in June 2020 from the High Blood Pressure...

  1. 8,061 Posts.
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    "A recommendation in June 2020 from the High Blood Pressure Research Council (HBRCA) that
    Australia’s Medical Services Advisory Committee (MSAC) and the Federal Minister for Health approve
    reimbursement of ambulatory blood pressure monitoring (ABPM) through the country’s Medicare
    Benefits Schedule (MBS) could increase demand for the Oscar 2 with SphygmoCor Inside ABPM in
    Australia. The Oscar 2 is a 24-hour ambulatory blood pressure monitor (ABPM) by SunTech Medical
    that includes the Company’s SphygmoCor® technology inside. This product is sold exclusively by ATCOR
    in Australia.
    HBRCA recommends that reimbursement be made available for diagnosis of hypertension in patients
    who have measured clinic-based blood pressure between 140/90 mmHg and 180/110 mmHg, with
    reimbursement up to once every 12 months for individuals who have not commenced
    antihypertensive medication. The average recommended fee is A$107.60.
    HBRCA estimates that more than 700,000 ABPM procedures will be required over the first three years
    of coverage.
    The Oscar 2 device adds ATCOR’s proprietary central blood pressure algorithms to a standard ABPM,
    providing the benefits of central pressure waveform analysis for enhancement and individualization of
    patient care over standard blood pressure monitoring."

    This is a massive development!

    It would be worth at least $200-$500m for the company's value

    In the US we're only getting around US$20.00 under the CPT reimbursement code

    That's mad news
 
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