CMS and FDA Launch RAPID Pathway to Speed Medicare Coverage for Breakthrough Devices
The program links Medicare coverage timing to FDA decisions to end years-long waits.
Overview
- Federal regulators unveiled the RAPID pathway for select FDA Breakthrough Devices, cutting the typical Medicare coverage wait from a year or more to as little as two months.
- Under RAPID, CMS will issue a proposed national coverage determination the same day a qualifying device receives FDA market authorization, starting a 30-day public comment period.
- Eligibility is limited to Breakthrough Devices that meet unmet needs for Medicare patients, with Class II devices in FDA’s TAP program and all Class III devices able to participate.
- Manufacturers must run an FDA- and CMS-specified IDE study that enrolls Medicare beneficiaries and measures agreed clinical outcomes to support coverage.
- CMS and FDA paused new candidates for the TCET pathway and will set RAPID’s effective date after a final notice following a 60-day comment window, a shift meant to ease the long “valley of death” between approval and access.