The Centers for Medicare & Medicaid Services (CMS) have made many modifications to its reimbursement payment structure for implantable brachytherapy seeds, Frost said. In addition, the Medicare Prescription Drug, Improvement and Modernization Act of 2003 has also provided for separate payments for brachytherapy seeds.
Although the changing payment structure has helped stave off a challenge from prostatectomies, alternative technologies such as hormone therapy or gene modification are posing new threats to brachytherapy, according to Frost. However, the company said that the market achieved revenue worth $157.6 million in 2004, and sales are estimated to reach $300.2 million in 2010.
The report, U.S. Brachytherapy Markets, noted that more than 15 years of clinical trial results for brachytherapy have driven its acceptance in prostate cancer treatment. However, limited data is available for usage of brachytherapy in the treatment of head, neck, and other cancers, Frost said.
By AuntMinnie.com staff writers
February 1, 2005
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