Centers for Medicare & Medicaid Services Retain Single NPWT Code
ST. PETERSBURG, Fla., Nov. 9 The Advanced Wound Management division of Smith & Nephew, Inc., a subsidiary of Smith & Nephew plc (LSE: SN; NYSE: SNN), applauded the federal government's decision last week to maintain the current, single reimbursement code for negative pressure wound therapy (NPWT) devices. This decision, announced by the U.S. Centers for Medicare & Medicaid Services (CMS), affirms the conclusion reached by the Agency on Healthcare Research & Quality (AHRQ) earlier this year. AHRQ, like CMS, concluded that evidence does not exist to determine a significant therapeutic distinction between NPWT systems. As a result, CMS decided to maintain a single code for NPWT product components, including the canister and the wound care set.
"Smith & Nephew supports a single code for NPWT. It is the simplest coding requirement for clinicians and other caregivers, and creates value for their institutions," said Tom Dugan, North American President, Smith & Nephew Advanced Wound Management. "Along with the documented, comparable effectiveness of gauze and foam wound interfaces, this decision maintains the flexibility clinicians want when considering the best NPWT solution for the unique needs of a given wound. We strongly support this decision and believe it is in the best interests of Medicare, physicians, and their patients."
Separate from this decision by CMS, Smith & Nephew recently highlighted results of a multi-center study demonstrating that gauze-based NPWT achieves many of the common treatment goals defined for foam-based NPWT systems, including a reduction in wound dimension and exudate, improvement in granulation tissue, and enhancement of skin graft take. The study's authors presented these results at the recent 24th Annual Clinical Symposium on Advances in Skin and Wound Care in San Antonio, Texas.
The Advanced Wound Management Division of Smith & Nephew offers a broad range of advanced wound care products across a continuum of care that facilitate appropriate product utilization. Within this range of products are its RENASYS(TM) NPWT systems, which include pumps and supply kits that contain foam and gauze dressing options.
For more information on the RENASYS NPWT product range, please visit www.myrenasys.com, and for more information regarding Smith & Nephew, please visit http://www.smith-nephew.com
About Smith & Nephew
Smith & Nephew is a global medical technology business, specializing in Orthopaedics, including Reconstruction, Trauma and Clinical Therapies, Endoscopy and Advanced Wound Management. Smith & Nephew is a global leader in arthroscopy and advanced wound management and is one of the leading global orthopaedics companies.
Smith & Nephew is dedicated to helping improve people's lives. The Company prides itself on the strength of its relationships with its surgeons and professional healthcare customers, with whom its name is synonymous with high standards of performance, innovation and trust. The Company operates in 32 countries around the world. Annual sales in 2008 were nearly $3.8 billion.
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Inquiries Press Steve DiMattia (646) 201-5445 Managing Director EVC Group, Inc. Investors Liz Hewitt + 44 (0) 207-401-7646 Group Director, Corporate Affairs Smith & Nephew Other Inquiries Tom Dugan (727) 399-3766 North American President Smith & Nephew Advanced Wound Management
SOURCE Smith & Nephew, Inc.
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