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Benchmarking HME

Do you know whether your home medical equipment business is being run efficiently and profitably?

HomeCareXtra

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Getting Back To Business

The effects of Medicare's competitive bidding delay are a complicated matter.

Marketplace

FY 2003 Device Review User Fees

President George W. Bush Oct. 26 signed into law a bill that requires manufacturers to pay the U.S. Food and Drug Administration a fee in exchange for faster review times.

Following is a list of the fees that apply until Sept. 30, 2003.

Application Standard Fee Small Business
Premarket application (PMA, PDP, BLA) $154,000 $58,520
Premarket report (premarket approval application for a reprocessed device) $154,000 $58,520
Panel-track supplement $154,000 $58,520
Efficacy supplement $154,000 $58,520
180-day supplement $33,100 $12,582
Real-time supplement $11,088 $4,213
510(k) $2,187 N/A FY 2003*
The FDA will adjust these fees each year to account for inflation, changes in workloads, and other factors. The FDA will announce the new fees for the next fiscal year in a Federal Register notice by August 1 of each year.
*For FY 2003, all 510(k)s are subject to the standard fee of $2,187. The law provides for a reduced 510(k) fee for a small business in FY 2004 and later years.
Source: fda.gov

For breaking news, go to www.homecaremonday.com, the electronic news service of the home medical equipment industry.

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