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Revenue (Tables)
3 Months Ended
Mar. 31, 2022
Risks and Uncertainties [Abstract]  
Disaggregation of Revenue
The following table and descriptions below show the products from which the Company generated its revenue:
 Three Months Ended March 31,
Revenue by product (in thousands) 20222021
MACI implants and kits
Implants based on contracted rates sold through a specialty pharmacy (a)
$15,190 $13,206 
Implants subject to third party reimbursement sold through a specialty pharmacy (b)
3,369 4,280 
Implants sold direct based on contracted rates (c)
5,634 4,466 
Implants sold direct subject to third-party reimbursement (d)
861 849 
Biopsy kits - direct bill522 519 
Change in estimates related to prior periods (e)
419 477 
Total MACI implants and kits25,995 23,797 
Epicel
Direct bill (hospital)9,857 9,830 
NexoBrid revenue (f)
222 941 
Total revenue$36,074 $34,568 
(a) Represents implants sold through Orsini and AllCare whereby such specialty pharmacies have a direct contract with the underlying insurance provider. The amount of reimbursement is based on contracted rates at the time of sale supported by the pharmacy’s direct contracts.
(b) Represents implants sold through Orsini or AllCare whereby such specialty pharmacy does not have a direct contract with the underlying payer. The amount of reimbursement is established based on a payer or state fee schedule and/or payer history.
(c) Represents implants sold directly from the Company to the facility based on a contract and known price agreed upon prior to the surgery date. Also represents direct sales under a contract to specialty distributor DMS.
(d) Represents implants sold directly from the Company to the facility based on a contract and known price agreed upon prior to the surgery date. The payment terms are subject to third-party reimbursement from an underlying insurance provider.
(e) Primarily represents changes in estimates related to implants sold through Orsini or AllCare in which such specialty pharmacy does not have a direct contract with the underlying payer. The initial estimate of the amount of reimbursement is established based on a payer or state fee schedule and/or payer history. The change in estimates is a result of additional information, changes in collection expectations or actual cash collections received in the current period.
(f) Represents revenue based on a percentage of gross profits for sales of NexoBrid to BARDA, pursuant to the license agreement between the Company and MediWound.