Health & Pharmaceutical Landscape of New Zealand | March 2022

Page 52

Hospital Medical Devices

What is a medical device? •

Products and equipment used on, in or by a person for diagnostic or therapeutic purpose

Simple dressings to complex systems of clinical equipment

Supportive devices with therapeutic / safety considerations (beds and mattresses, disability support devices)

Includes devices provided by the hospital to community patients

Building the list – national contracting •

Allows hospital to buy the same products they’re currently using on common

terms for price and supply

Requires hospitals to use national contract price & terms if purchasing contracted items

Over $400 million spend pa currently under agreement (of an estimated $675 million)

Over 138,000 contracted line items from over 100 suppliers

Fairer access to hospital medical devices •

PHARMAC will decide which devices are publicly funded to get the best possible health outcomes

Hospitals will decide what devices they will use to deliver local services, chosen from a national list managed by PHARMAC

PHARMAC will decide what gets added or removed, and will manage a process for exceptional circumstances

Tip: More guidance on medical devices is given earlier in this paper.

Source: presentation by CEO of PHARMAC, Sarah Fitt to INZBC on 17 Sep 2021.

Healthcare & Pharmaceutical Landscape of NZ

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Support provided by Make in India / Invest India team

1min
page 91

Are there any incentives?

1min
page 90

What is the policy framework for foreign pharma companies to manufacture / collaborate with Indian companies?

0
page 89

List of important companies in New Zealand’s pharma sector

2min
pages 83-86

Media Extract: BURDEN OF PROOF IS ON MEDSAFE TO JUSTIFY ITS EXISTENCE

2min
pages 64-65

A Decade of Modern Medicines: An International Comparison 2011 – 2020

2min
page 56

Understanding the Supplemented Food Standards

0
page 60

Industry Perspective

2min
page 61

Other sources of information

0
page 62

Vaccines: PHARMAC’s role

2min
pages 53-54

Hospital Medical Devices

1min
page 52

Myths & FAQs on tendering process

0
page 51

How does the annual tender work?

3min
pages 48-50

From application to funded medicine: PHARMAC's process

2min
pages 45-46

Procurement & tendering process

1min
page 47

How PHARMAC gets clinical advice into their decision-making

1min
page 44

How new medicines get funded ?

3min
pages 40-41

How the health priorities affect PHARMAC's work

1min
page 42

Medical Devices

2min
pages 37-38

What do I need to do to sell my medicine in New Zealand?

2min
pages 35-36

How new medicines get funded by PHARMAC

0
page 24

Main agencies involved in managing the sector

4min
pages 9-11

Introductory Regulatory Guidance

3min
pages 33-34

Who is a Sponsor?

4min
pages 19-21

Putting the Factors to work

2min
pages 25-26

Foreword

1min
page 5

Medsafe's Evaluation and Approval Process

5min
pages 29-32

Foreword

2min
pages 6-7
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