OCS Exam Braindumps 2024

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OCS basics - Ophthalmic Coding Specialist Updated: 2024

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Exam Code: OCS Ophthalmic Coding Specialist basics January 2024 by Killexams.com team

OCS Ophthalmic Coding Specialist

Test Detail:
The OCS (Ophthalmic Coding Specialist) exam is conducted to certify individuals who possess the knowledge and skills required to accurately assign medical codes for ophthalmic procedures and services. The exam evaluates the candidate's understanding of coding guidelines, reimbursement policies, and ophthalmic terminology.

Course Outline:
The course for the OCS certification covers various syllabus related to ophthalmic coding. The following is a general outline of the key areas covered:

1. Introduction to Ophthalmic Coding:
- Overview of the role of an Ophthalmic Coding Specialist.
- Understanding the purpose and importance of accurate medical coding.
- Familiarization with coding systems and guidelines specific to ophthalmology, such as CPT, ICD-10, and HCPCS.

2. Ophthalmic Terminology and Anatomy:
- Understanding ophthalmic anatomy and physiology.
- Learning common ophthalmic conditions and diseases.
- Familiarization with ophthalmic terminology and abbreviations.

3. Coding Guidelines and Documentation:
- Understanding coding guidelines and conventions.
- Reviewing documentation requirements for ophthalmic procedures and services.
- Identifying key elements necessary for accurate coding and reimbursement.

4. Ophthalmic Coding Systems:
- Understanding the Current Procedural Terminology (CPT) coding system.
- Familiarization with the International Classification of Diseases (ICD) coding system.
- Learning the Healthcare Common Procedure Coding System (HCPCS).

5. Evaluation and Management (E/M) Services:
- Understanding the E/M coding guidelines specific to ophthalmology.
- Identifying the key components of E/M services and assigning appropriate codes.
- Reviewing documentation requirements for E/M services.

6. Surgical Procedures and Services:
- Coding for common ophthalmic surgical procedures, such as cataract surgery, corneal transplant, and glaucoma procedures.
- Understanding modifiers and their application in ophthalmic coding.
- Familiarization with surgical documentation requirements.

7. Diagnostic Testing and Imaging:
- Coding for ophthalmic diagnostic tests and imaging procedures, including visual field tests, optical coherence tomography (OCT), and fundus photography.
- Familiarization with coding guidelines and documentation requirements for diagnostic testing.

Exam Objectives:
The OCS exam focuses on evaluating the candidate's knowledge and understanding of the following key areas:

1. Ophthalmic Coding Guidelines and Conventions
2. Ophthalmic Terminology and Anatomy
3. Evaluation and Management (E/M) Services Coding
4. Surgical Procedures and Services Coding
5. Diagnostic Testing and Imaging Coding
6. Reimbursement Policies and Regulations

Exam Syllabus:
The exam syllabus for the OCS certification provides a detailed breakdown of the syllabus covered in each exam objective. It includes sub-topics, coding scenarios, and specific coding guidelines that candidates should be familiar with. The syllabus may cover the following areas:

- Ophthalmic surgical procedures and coding
- Ophthalmic diagnostic testing and imaging procedures
- Evaluation and management (E/M) coding in ophthalmology
- Coding guidelines and conventions specific to ophthalmology
- Reimbursement policies and regulations for ophthalmic coding
Ophthalmic Coding Specialist
Medical Ophthalmic basics

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Ophthalmic Coding Specialist
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Question: 38
Which of the following is always the payer of last resort?
A. Medicare
B. Medicaid
C. Workers Compensation Insurance
D. Commercial Insurance
Answer: B
Medicaid is always the payer of last resort. This means that if a patient has more
than one type of insurance coverage, and one of the insurances is Medicaid, then
the biller must bill the other insurance first and Medicaid second. Medicaid will
never pay first, if the patient has more than one type of insurance coverage.
Question: 39
HCPCS J-Codes are used to represent:
A. Drugs administered by methods other than the oral method
B. Durable medical equipment
C. Dental procedures not found in the CPT manual
D. Temporary national codes for Medicare
Answer: A
HCPCS J-Codes are used to represent drugs administered by methods other than
the oral method. The J-codes are used to bill drugs administered to the patient,
while in the office. Other sections in the HCPCS manual represent durable
medical equipment and temporary national codes. Dental procedures are not
represented at all in the CPT manual, and are reported with D-codes.
Question: 40
What does HIPAA stand for?
A. Health Insurance Portability and Accountability Act
B. Health Insurance Protection and Accountability Association
C. Health Insurance Post-Payment Auditing Association
D. Health Insurance Accountability and Auditing Act
Answer: A
HIPAA stands for Health Insurance Portability and Accountability Act. HIPAA is
an Act of Congress, not an association or organization. Those that do not follow
HIPAA requirements can be prosecuted. HIPAA also joins with other
organizations to ensure that everyone involved in patient healthcare follow its
stipulations.
Question: 41
Appendix 1 in the HCPCS Level II manual contains:
A. An alphabetized list of HCPCS modifiers
B. A table of drugs
C. A list of changes, additions, and deletions
D. A short list of CPT codes to use with HCPCS codes
Answer: B
Appendix A in the HCPCS Level II manual contains a table of drugs. This table
lists all of the drugs in alphabetical order and can be found in the HCPCS manual.
The listings are also organized according to the drugs administration route and
unit information.
Question: 42
In order for a physician to appropriately code for a consultation service, three
things must be documented. What are those three things?
A. The referral or request from the PCP, the rendering of the opinion by the
specialist or consultant, and the written report or findings sent from the specialist
to the PCP
B. The rendering of the specialty service to the patient, the referral of the patient
from the specialist to an additional specialist, and the written report of the
findings provided to the specialist
C. The specialist request of a second opinion regarding the patient, the PCPs
advice regarding which second specialist the patient should see, and the second
specialists report or findings
D. The referral from the PCP to the specialist, an additional referral from the
specialist to another specialist, and the written report or findings sent from the
specialist to the PCP
Answer: A
In order for a physician to appropriately code for a consultation service, three
things must be documented. These three things are: the referral or request from
the PCP, the rendering of the opinion by the specialist or consultant, and the
written report or findings sent from the specialist to the PCP. These three things
can be easily remembered by the Three Rs: Referral to Specialist,
Rendering of Service and Report to PCP.
Question: 43
When listing both CPT and HCPCS modifiers on a claim, you:
A. List the HCPCS modifier first
B. Do not list the HCPCS modifier at all
C. Only list the CPT modifier
D. List the CPT modifier first
Answer: D
When listing both CPT and HCPCS modifiers on a claim, you list the CPT
modifier first. When you report a procedure code with more than one modifier,
you must list the modifier that will affect the payment first on the claim.
Typically, CPT modifiers will affect the payment of a claim, but HCPCS
modifiers may not.
Question: 44
In the RBRVS calculation, the GPCI takes into account:
A. The geographic location of a practice or provider
B. The type of provider specialty
C. The malpractice risk of a procedure
D. The overhead cost of the practice
Answer: A
In the RBRVS calculation, the GPCI takes into account the geographic location of
a practice or provider. GPCI stands for Geographic Practice Cost Index, and it
takes into account the relative price differences in geographical location. The
GPCI is a part of the RBRVS (Resource Based Relative Value Scale), which
calculates a reasonable fee for procedures.
Question: 45
HIPAA was created to:
A. Protect patient privacy
B. Enact ways to uncover fraud and abuse
C. Create standards of electronic transactions
D. All of the above
E. Only options A and B
Answer: D
All of the above, HIPAA was created to protect patient privacy, enact ways to
uncover fraud and abuse, and to create standards of electronic transactions.
HIPAA protects patient privacy through its strict standards of confidentiality,
allows organizations like the OIG to uncover fraud and abuse, and gives these
organizations the power to investigate and prosecute suspected fraud and abuse
cases. HIPAA also creates standards of electronic transactions, such as the ANSI
5010 update and requires encryption and passwords on websites that contain
patient data.
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Medical Ophthalmic basics - BingNews https://killexams.com/pass4sure/exam-detail/OCS Search results Medical Ophthalmic basics - BingNews https://killexams.com/pass4sure/exam-detail/OCS https://killexams.com/exam_list/Medical Ophthalmic Medical Technician Salary No result found, try new keyword!How Much Does an Ophthalmic Medical Technician Make? Ophthalmic Medical Technicians made a median salary of $37,180 in 2021. The best-paid 25% made $46,700 that year, while the lowest-paid 25% ... Wed, 03 Jan 2024 10:00:00 -0600 https://money.usnews.com/careers/best-jobs/ophthalmic-medical-technician/salary Global Ophthalmic Diagnostic Equipment Industry is expected to hit a US$ 5.1 Billion valuation by 2030, according to FMI’s forecast
Ophthalmic Diagnostic Equipment Industry
Ophthalmic Diagnostic Equipment Industry

It is anticipated that the global ophthalmic diagnostic equipment industry demand will offer an opulent growth opportunity, rising at a CAGR of 6.7% from a valuation of US$ 3.0 billion in 2022 to US$ 5.1 billion by 2030.

The global ophthalmic diagnostic equipment industry is a vital segment within the broader medical devices industry, specializing in the diagnosis and evaluation of various eye conditions and diseases. This market plays a crucial role in maintaining eye health and preventing vision impairment through early detection and accurate diagnoses. Ophthalmic diagnostic equipment encompasses a diverse range of devices, including fundus cameras, tonometers, optical coherence tomography (OCT) machines, slit lamps, and autorefractors, among others.

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The market for ophthalmic diagnostic equipment has experienced significant growth in recent years due to factors such as an aging population, the rising prevalence of eye disorders like cataracts, glaucoma, and diabetic retinopathy, as well as an increased awareness of the importance of regular eye check-ups. Advancements in technology have also played a pivotal role in driving the market, leading to more precise and efficient diagnostic tools.

Moreover, the integration of artificial intelligence (AI) and machine learning algorithms into ophthalmic diagnostic equipment has further enhanced its capabilities, allowing for automated detection and analysis of eye conditions with higher accuracy and speed. These AI-driven solutions enable early diagnosis, thereby enabling prompt intervention and treatment, ultimately improving patient outcomes.

Geographically, the market has witnessed growth across various regions, with developed countries showing a high adoption rate of advanced diagnostic tools, while developing regions are experiencing a surge in demand due to improving healthcare infrastructure and increasing disposable income.

Key Takeaways:

  • The number of individuals suffering from serious eye diseases is rising at a global level due to which loss of vision is becoming a major public health problem. As the population has increased, the prevalence of eye diseases has also surged due to the rise in chronic diseases such as diabetes and hypertension have become more common leading to issues like glaucoma or vision impairment.
  • There is an increase in the number of people who are blind or have impaired vision in the upcoming years. With the rising frequency of eye disorders and the resulting increase in disability-adjusted life years (DALYs), demand for precise disease treatment is likely to increase in the future years.
  • Increasing technological advancements in analytical methods help in offering improved quantification and characterization with high-resolution cross-sectional 3D images of the target tissue that is difficult to view using a conventional microscope. Owing to such high-tech equipment, the surge in the ophthalmic diagnostic equipment market can be witnessed.
  • The emergence of advancement in technologies have provided improved quantification and Intraoperative optical coherence tomography (OCT) aids accurate decision-making during eye surgery by providing real-time imaging with simultaneous feedback features.
  • An increase in the demand for optical coherence topography devices has led to a rise in competition among players. As a strategy to reach the larger masses, various players/manufacturers have lowered the costs of their devices, which in turn has led to the adoption of these devices by doctors in emerging economies along with developed countries. This factor is anticipated to drive demand for these devices in emerging economies in near future.

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Competitive Landscape:

TOPCON CORPORATION, ZEISS International, Ellex, Quantel Medical, NIDEK CO., LTD., HAAG-STREIT GROUP, Halma plc, Coburn Technologies Inc., Kowa Company Ltd. are some of the key companies profiled in the full version of the report.

Major competitors in the ophthalmic diagnostic equipment market are concentrating their efforts on expanding their worldwide and regional footprints through strategic acquisitions and mergers, as well as operational growth.

Companies in the ophthalmic diagnostic equipment market are following new product innovations and launches, regulatory approvals, and acquisitions as the key strategies. Key players are focusing on the development of advanced and cost-effective products and establishing distribution agreements to increase geographic reach, especially in the Asia Pacific region. Moreover, companies are targeting Asia region by establishing manufacturing units in order to reduce manufacturing costs.

More Insights into Ophthalmic Diagnostic Equipment Market:

The United States is anticipated to rule the ophthalmic diagnostic equipment market accounting for over 89.2% of the North American region. Owing to the increased prevalence of refractive error disorders, the increased number of eye condition awareness programs, and the increased use of superior diagnostic technology are all contributing to this increase.

Germany accounted for approximately 28.6% of the Western Europe market in 2021. According to Eurostat one of the most common surgical procedures in Europe is cataract surgery. The rising number of cataract operations has had a significant influence on the ophthalmic industry, resulting in increased demand for cataract surgery equipment and medications.

China accounted for about 40.4% of the APEJ region in 2021. Factors such as the increasing number of people belonging to the older population that suffer primarily from poor eyesight and other eye-related diseases such as glaucoma and cataract contributed to market growth in this region.

India accounted for a 13.1% market share of APEJ in 2021 and is expected to show a similar trend in the coming years also. In India, ophthalmology-related disorders are on the rise. In India, almost 5 million cataract procedures are conducted every year. The bulk of these operations includes the implantation of intraocular lenses.

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Ophthalmic Diagnostic Equipment Market by Category:

By Product:

  • Fundus Cameras
  • Retinal Ultrasound Imaging Systems
  • Refractors
  • Slit Lamps
  • Perimeters
  • Ophthalmoscopes
  • Tonometer
  • Optical Coherence Tomography (OCT)
  • Corneal Topography Systems

By End user:

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers

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Thu, 04 Jan 2024 13:42:00 -0600 en-US text/html https://www.fmiblog.com/2024/01/05/global-ophthalmic-diagnostic-equipment-industry-is-expected-to-hit-a-us-5-1-billion-valuation-by-2030-according-to-fmis-forecast/
Fusing applied and basic medical research

Credit: Shandong first medical university

Housing a World Health Organization Collaborating Centre, Shandong First Medical University (SDFMU) has quickly become a leader in disease research and treatment. With innovative approaches to skin, parasitic, and rare diseases, it sets standards in many prevention and control methods.

Making huge steps in the early diagnosis and treatment of tumours, and radiation protection, the university is looking to spread its successful experience to developing countries in Africa and Asia, broadly benefiting human health.

The 2019 merger of Taishan Medical University, Shandong Academy of Medical Sciences, and several local hospitals in Shandong saw the establishment of SDFMU. With the main campus in the historic and cultural city of Jinan, capital of Shandong province, the university aims to make a big impact on higher medical education in Shandong and the nation. By integrating quality research, education, and clinical resources, it seeks to build a novel training system for innovative medical personnel, and become a first-class applied research university.

“We strive to build the largest medical research centre in the province within five years, and be ranked among the nation’s top 10 medical universities within 10 years, with some world-class academic programmes,” said Guang Ning, the president of SDFMU. “In line with the ‘Healthy China’ strategy, and the provincial strategy to integrate science and education, we want to become a model site for science-education integration, industry-university-research partnerships, and for system innovation.”

Medical research and disease prevention

Focusing on cutting-edge research in medicine and life sciences, SDFMU researchers are engaged in basic and applied research, targeting major diseases that threaten human health. The university has strong foundations in ophthalmic keratopathy, endocrine and metabolic diseases, leprosy, and tumour radiotherapy. Housing a number of advanced research platforms, including ministerial and provincial key laboratories, it has achieved innovative research results, bringing significant social and economic benefits.

Researchers from Shandong were pioneer in eliminating four infectious diseases that were major health threats in China in the last century, including leishmaniasis, filariasis, malaria, and leprosy. The work on these four diseases was lauded as by the World Health Organization (WHO).

Clinical service

With four general hospitals and five specialty hospitals, SDFMU has strong clinical service capacity. One of its general hospitals is ranked 16th in comprehensive strengths among hospitals of East China in the best hospital ranking produced by Fudan University. Two specialty hospitals were listed among the national top 10 in terms of Fudan’s ranking for reputation of clinical specialties. With the construction of the Proton Therapy Center at Shandong Cancer Hospital well underway, the university is to further enhance its research, teaching, and residency training capacities.

Talent training

As a pilot site for a national training programme of outstanding physicians, SDFMU has a strong clinical medicine programme, ranking among the global top 1% according to the Essential Science Indicators ranking. With a focus on medical sciences, the university has set up diverse programmes covering humanities, law, natural science and engineering, management, and education, featuring 44 undergraduate programmes.

With talent cultivation as a core mission, the university has established a comprehensive, multilevel training system. Its main campus in Jinan employs an elite education model, aiming to produce medical talents with solid academic backgrounds, superb medical skills, an innovative spirit, and a global vision. Its people are capable of leading future medical development, through joint training with renowned global universities.

The Tai’an campus emphasizes specialty education, focusing on cultivating talents with strong applied skills to meet local demand for medical services, and for professionals in fields short of capacity. Great efforts are made to enhance strengths, and develop medical technology and nutrition and health related subjects by encouraging deep integration of medical science with other disciplines, with the goal to make the university a key base providing much needed skillful medical professionals for Shandong.

International cooperation

Internationalization is part of the university development strategy, leading to partnerships with universities and medical institutions in 30-plus countries, such as Britain, the United States and Australia. In the past five years, the university has carried out more than 100 international cooperation projects, including those under the China-UK Global Health Support Programme, sponsored by the Ministry of Commerce, and the National Key Research and Development Plan of the Ministry of Science and Technology (MOST).

Since 2004, it has enrolled undergraduate and graduate international students from more than 20 countries and regions. It has also organized several training classes on prevention and treatment of common infectious diseases in developing countries, part of a MOST programme.

Wed, 23 Oct 2019 07:51:00 -0500 en text/html https://www.nature.com/articles/d42473-019-00285-3
Digital eye strain is a growing issue as the muscles of the eyes work overtime, warn vision experts No result found, try new keyword!Vision experts are warning that the constant or frequent use of cellphones, tablets, laptops and TVs are leading to digital eye strain today. Here are the symptoms and how to address them. Thu, 04 Jan 2024 19:14:00 -0600 en-us text/html https://www.yahoo.com/lifestyle/digital-eye-strain-growing-issue-091505208.html Zeiss acquires Dutch Ophthalmic Research Center in $1bn deal No result found, try new keyword!The Dutch Ophthalmic Research Center acquisition will expand Carl Zeiss’s portfolio in the vitreoretinal surgery segment. Sun, 17 Dec 2023 23:59:05 -0600 en-us text/html https://www.msn.com/ Your guide to a career in basic medical science

Basic medical science refers to the graduation degree in medicine. It is the basic medical degree where you gain basic expertise in both medicine and surgery. In India, this degree in known as MBBS (Medicinae Baccalaureus and Bachelor of Surgery). When you have a degree in basic medical science, you are eligible to practice medicine anywhere. Commonly known as doctors or physicians, you perform the tasks which fall broadly under the purview of family medicine. Doctors with a degree in basic medical sciences are not specialists in any particular area of the body or any particular ailment. Instead, they look after the overall health of the patient and provide a complete care advice. They are the first medical professional a layperson visits in case of any physical distress. They prescribe the proper medicine and treatment and are also the point from where all referrals to the specialists originate. A person qualified in basic medical science can perform all basic medical tasks ranging from diagnosis, treatment, follow-up, injections, labor and delivery and also refers the patient to specialists as and when required.

Courses categorized under Basic Medical Sciences

Career options in basic medical science

With a degree in basic medical science, you have the following career options:

  • You can enter into private practice. There is a great demand for doctors trained in basic medical sciences, especially in the rural areas.
  • You can enter into government service in hospitals as medical officers. There are also a number of vacancies in rural health centers and district health centers. The demand is even more in remote areas where there is severe lack of medical personnel. Such a career choice may not be as financially rewarding but can be of great satisfaction.
  • There are also ample openings in private clinics and hospitals.
  • You can also work with charitable foundations, various aids association, international societies like the Red Cross or Doctors without borders.
  • Finally, you can also enter the academic life to teach and train new entrants in basic medical sciences.

Approximate salary at the entry level

The entry level salary varies markedly depending on a number of factors. You are unlikely to earn as high as a specialist, but still there is ample scope, especially in rural areas. If you are service minded, there is also huge satisfaction in this profession.

Pre qualifications required for the course

In order to study basic medical sciences, you will have to cross the following stages:

  • Complete your +2 level with excellent marks in physics, chemistry and biology.
  • Most countries conduct a pre medical entrance examination which you need to qualify.
  • Once you enter the course, you will have to study for four years to obtain your MBBS degree.
  • This should be followed by one to one and a half years of compulsory internship or residency training. You will get your registration after this and are now qualified to practice basic medicine.

Best places in India to study the course

The top institutes of India where you can study basic medical sciences are as follows:

  • All India Institute of Medical Sciences, Delhi
  • Lady Hardinge Medical College, Delhi
  • Grant Medical College, Mumbai
  • Armed Forces Medical College, Pune
  • Kasturba Medical College, Manipal
  • Christian Medical College, Vellore
  • Bengalooru Medical College, Bangalore
  • Madras Medical College, Chennai
  • Sri Ramachandra Medical College & Research Institute, Chennai
  • Maulana Azad Medical College, Delhi

Best places in the world to study the course

The leading institutes of the world where you can study basic medical science are as follows:

  • Harvard University
  • Yale University
  • University of Stanford
  • University of Cambridge
  • University College of London
  • Imperial College of London
  • Columbia University
Wed, 11 Apr 2018 11:10:00 -0500 text/html https://www.prokerala.com/education/basic-medical-sciences-courses.html
Learn the Basics of Medical Device Packaging

Image courtesy of Dannette Casper

There is a lot to learn if you are making a career transition into or entering the medical packaging field.

Thankfully, the Medical Device Packaging Technical Committee (MDPTC) of the Institute of Packaging Professionals is here to help. This committee invested in developing Fundamentals of Medical Device Packaging to enable rapid learning about medical device packaging.

The course was first offered at Pack Expo International 2022 and featured classroom and expo floor instruction.

Medical-Device-Packaging-Fundamentals-class-show-floor-web.jpg

If you are considering the course, listen in as five medical device packaging leaders debriefed the merits of this course in a SPOT Radio podcast, by Charlie Webb, Founder and President of Van der Stahl Scientific and CPPL (“lifetime” Certified Packaging Professional).SPOT stands for Sterile Packaging on Track.

The five leaders interviewed are myself, Dannette Casper, Package Engineer, Edward LifeSciences; Sarah Rosenblum, Senior Director of Sales & Marketing, and Cassandra Ladd, Senior Marketing Manager, both at Packaging Compliance Labs; Art Castronovo, Director Package Engineering and Product Labeling at Johnson and Johnson; and Jennifer Benolken, MDM & Regulatory Specialist, Packaging Engineering, DuPont Tyvek, Healthcare Packaging.

Highlights of their conversation include:

1. Synopsis of the new Medical Device Packaging Fundamental’s class, which covers all the steps/functions of packaging a medical device, from design to launch.

2. Review of the premier offering at Pack Expo. It was sold out! And attendees were highly engaged. Their peer-to-peer participation added to the richness of the content presented by the experts.

3. Expectations for the second Medical Device Packaging Fundamental’s class at MD&M West in Anaheim, Calif., The show runs from February 7-9, but the Fundamental’s class starts on the afternoon of February 6 and runs until February 8.

Registration is now open for this second class and you can sign up here. MD&M West is co-located with WestPack.

 

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Mon, 23 Jan 2023 10:01:00 -0600 en text/html https://www.mddionline.com/packaging/learn-the-basics-of-medical-device-packaging-34940
Medical Detox

Not everyone with a substance use problem requires medical detox before entering a drug rehabilitation program, but those who have a physical dependency on a drug, or who would be risking their health to attempt to quit on their own, may benefit from beginning their addiction treatment with it.

While detoxification helps to eliminate the physical symptoms of addiction, most patients will need additional medical and psychological assistance. Quitting a substance doesn’t address the underlying causes of the initial addiction, which could be genetic, environmental, or behavioral. Also, there may be changes in brain chemistry as a result of long-term substance abuse that need to be addressed. Recovery usually involves treating the patient's mind as well as their body.

Tue, 24 Dec 2019 05:55:00 -0600 en-US text/html https://www.psychologytoday.com/us/basics/medical-detox
Ophthalmic Devices - Puerto Rico

Data coverage:

Data encompasses B2B, B2G, and B2C spend. Figures are based on medical devices and IVD revenues allocated to the country where the money is spent at manufacturer price levels excluding VAT.

Modeling approach / Market size:

Modeling employs a top-down approach with a bottom-up validation, using financial information of the key players by market. Market sizes are determined by a top-down approach, based on a specific rationale for each market market and allocated to the covered countries according to the global market shares. As a basis for evaluating markets, we use relevant key market indicators and data from country-specific associations, such as healthcare expenditure per capita, health risk factors, healthcare system, and regulations concerning medical products. Next, we use further relevant key market indicators and data from country-specific associations, such as healthcare expenditure per capita, health risk factors, healthcare payer system, and regulations concerning medical products. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, forecasts are based on historical developments, current trends, and key market indicators.

Additional notes:

Data is modeled in US$ using current exchange rates. The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.
Fri, 06 Oct 2023 04:42:00 -0500 en text/html https://www.statista.com/outlook/hmo/medical-technology/medical-devices/ophthalmic-devices/puerto-rico
Ophthalmic Devices - South Korea

Data coverage:

Data encompasses B2B, B2G, and B2C spend. Figures are based on medical devices and IVD revenues allocated to the country where the money is spent at manufacturer price levels excluding VAT.

Modeling approach / Market size:

Modeling employs a top-down approach with a bottom-up validation, using financial information of the key players by market. Market sizes are determined by a top-down approach, based on a specific rationale for each market market and allocated to the covered countries according to the global market shares. As a basis for evaluating markets, we use relevant key market indicators and data from country-specific associations, such as healthcare expenditure per capita, health risk factors, healthcare system, and regulations concerning medical products. Next, we use further relevant key market indicators and data from country-specific associations, such as healthcare expenditure per capita, health risk factors, healthcare payer system, and regulations concerning medical products. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, forecasts are based on historical developments, current trends, and key market indicators.

Additional notes:

Data is modeled in US$ using current exchange rates. The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.
Mon, 26 Jun 2023 01:16:00 -0500 en text/html https://www.statista.com/outlook/hmo/medical-technology/medical-devices/ophthalmic-devices/south-korea




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