Bioventus Turnover - Executive Leadership

[anonymous]

None for G3.

 

[anonymous]

Everyone knows Gel-syn 3 is a pure selling the wide reimbursement play with Medicare.

 

[anonymous]

Reimbursement always changes for all drugs. Medicare isn't stupid and will not continue to pay astronomical prices for these products when alternatives that work just as well and cost a fraction.

 

[anonymous]

same competitor posted at different times in all threads trying to strike dear about reimbursement bc they can’t wrap their heads around why we are destroying it with HA. You’re an idiot.

 

[anonymous]

Be honest. You are destroying it with HA because you are destroying Medicare's finances.

 

[anonymous]

Be honest. You are destroying it with HA because you are destroying Medicare's finances.

Let’s be honest....CMS set the reimbursement amount.

 

[anonymous]

Reimbursement always changes for all drugs. Medicare isn't stupid and will not continue to pay astronomical prices for these products when alternatives that work just as well and cost a fraction.

Ok, please enlighten us- what works as well as HA injections for OA of the knee and "cost a fraction"? If you are talking about steroid injections you are a misinformed idiot, and I hope for your patients that you are not a HCP.

Should MCR reimburse the same amount for all one-injection HAs, or for the 3-week group, etc? That's another argument for sure, but there is a reason payors cover this therapy.

 

[anonymous]

Let’s be honest...CMS didn’t instruct Bioventus to not report.

 

[anonymous]

Let’s be honest....CMS set the reimbursement amount.

Yes, exactly. The person you responded to clearly doesn't have a background in this area.

 

[anonymous]

Ok, please enlighten us- what works as well as HA injections for OA of the knee and "cost a fraction"? If you are talking about steroid injections you are a misinformed idiot, and I hope for your patients that you are not a HCP.

Should MCR reimburse the same amount for all one-injection HAs, or for the 3-week group, etc? That's another argument for sure, but there is a reason payors cover this therapy.

Look at Gel-Syn versus Euflexxa or Orthovisc. Gel-Syn costs 3 times more for Medicare than the others. Does Gel-Syn work 3 times better? What single advantage over the other products does Gel-Syn have to continue costing this much? It’s all sold on profits which is a cost to Medicare. The offices we talk to using it admit it themselves.

Gel-One costs Medicare half of what Durolane costs.

You are selling government budget busters. You capture market share by increasing costs dramatically so you can “kick back” profits to offices.

 

[anonymous]

Look at Gel-Syn versus Euflexxa or Orthovisc. Gel-Syn costs 3 times more for Medicare than the others. Does Gel-Syn work 3 times better? What single advantage over the other products does Gel-Syn have to continue costing this much? It’s all sold on profits which is a cost to Medicare. The offices we talk to using it admit it themselves.

Gel-One costs Medicare half of what Durolane costs.

You are selling government budget busters. You capture market share by increasing costs dramatically so you can “kick back” profits to offices.

Sounds like a CMS problem. Don’t they look at data or just blindly approve products?
Oh and I agree, it is ridiculous but people take advantage where they can CMS shouldn’t make it so easy.

 

[anonymous]

same competitor posted at different times in all threads trying to strike dear about reimbursement bc they can’t wrap their heads around why we are destroying it with HA. You’re an idiot.

What are you? Posting police pointing out the obvious? You are often wrong

 

[anonymous]

The boogeyman argument is old. Nobody has a clue how many anonymous posters there can possibly be on here. There are hundreds of views a day on the counter.

 

[anonymous]

Look at Gel-Syn versus Euflexxa or Orthovisc. Gel-Syn costs 3 times more for Medicare than the others. Does Gel-Syn work 3 times better? What single advantage over the other products does Gel-Syn have to continue costing this much? It’s all sold on profits which is a cost to Medicare. The offices we talk to using it admit it themselves.

Gel-One costs Medicare half of what Durolane costs.

You are selling government budget busters. You capture market share by increasing costs dramatically so you can “kick back” profits to offices.

Ok, understood. Same issue happened to us years back when Euflexxa hit the market- their spread was impossible to compete with as a new product, and they took most of my business at the time, at least in the larger clinics. I guess this cycle will happen and bounce around as new HAs hit the market until generics/biosimilars appear and get reimbursed.

 

[anonymous]

Ok, understood. Same issue happened to us years back when Euflexxa hit the market- their spread was impossible to compete with as a new product, and they took most of my business at the time, at least in the larger clinics. I guess this cycle will happen and bounce around as new HAs hit the market until generics/biosimilars appear and get reimbursed.

Ferring has always reported ASP. The company is selective with their accounts when providing discounts and use contracts.
If Ferring stayed on WAC, they wouldn't need to be selective and would have captured a lot more share and slapped Medicare a higher bill as they book cheaper products out of the marketplace.

 

[anonymous]

Ferring has always reported ASP. The company is selective with their accounts when providing discounts and use contracts.
If Ferring stayed on WAC, they wouldn't need to be selective and would have captured a lot more share and slapped Medicare a higher bill as they book cheaper products out of the marketplace.

True, dat

 

[anonymous]

Ferring has always reported ASP. The company is selective with their accounts when providing discounts and use contracts.
If Ferring stayed on WAC, they wouldn't need to be selective and would have captured a lot more share and slapped Medicare a higher bill as they book cheaper products out of the marketplace.

You should visit you CP thread - Ferring, and brag on how great and thankful you are to be a part of their team.

 

[anonymous]

Will WW also investigate the waste and abuse of Medicare resources by Bioventus for not reporting ASP to Medicare? This was a decision made by the company that results in charging patients higher out of pockets and continue to promote the spread for offices. The company motto is supposed to be “patients first” on their website. There is no other explanation for mainainting WAC.

 

[anonymous]

Will WW also investigate the waste and abuse of Medicare resources by Bioventus for not reporting ASP to Medicare? This was a decision made by the company that results in charging patients higher out of pockets and continue to promote the spread for offices. The company motto is supposed to be “patients first” on their website. There is no other explanation for mainainting WAC.

Report here

https://www.cms.gov/Outreach-and-Ed...MLN/MLNProducts/downloads/fraud_and_abuse.pdf

https://www.cms.gov/Outreach-and-Ed...LNProducts/Downloads/Fraud-Abuse-Products.pdf

 

[anonymous]

Will WW also investigate the waste and abuse of Medicare resources by Bioventus for not reporting ASP to Medicare? This was a decision made by the company that results in charging patients higher out of pockets and continue to promote the spread for offices. The company motto is supposed to be “patients first” on their website. There is no other explanation for mainainting WAC.

You are a tool. Medicare waste is everywhere