Managed Care Law Weekly
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I-Flow Corp.
New managed care contracts signed for ON-Q pain device
October 9th, 2005
I-Flow Corp. (IFLO) recently signed several new contracts with managed care companies to provide reimbursement for the use of ON-Q where appropriate in ambulatory surgery centers (ASC) nationwide. Based on the number of total lives covered by these new contracts, which include one signed with preferred provider organization (PPO) powerhouse MultiPlan, ON-Q will be available to 12.5 million more patients who may undergo outpatient surgery. Total ON-Q covered lives in the United States now number over 30 million. Surgeries in ambulatory surgery centers represent about 50% of ON-Q's market opportunity. "These new contracts indicate that insurance...
Source: Managed Care Law Weekly (2005-10-09)
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