Determining the incidence rates of diseases and procedures and insurance reimbursement rates are usually the most difficult steps of conducting medical market research. This is involves several steps that, depending on how rare and specific your request is, can be very time-consuming. A breakdown of each step is below.
There are three main increasingly complicated ways to get incidence rates for specific diseases and procedures:
Incidence rates are often tied to medical codes instead of full names of diseases or procedures. The following are two primary coding systems that you will need to be familiar with:
Though it is very tricky to definitely determine the cost of a procedure, there are a few somewhat reliable ways to estimate this: