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Hospitals secure better prices on hip-implant components

Hospitals secure better prices on hip-implant components

By Jaimy Lee  |  October 28, 2014

Hospitals paid about 16% less for one component of a hip implant than they did a year ago as healthcare providers negotiated better prices on medical implants and other types of physician preference items, according to the Modern Healthcare/ECRI Institute Technology Price Index.

Average cost of angiography system up 26% in June

By Jaimy Lee  |  October 08, 2014

The average cost of angiography systems rose 26% in June as more hospitals purchased pricier systems used in hybrid operating rooms, according to the Modern Healthcare/ECRI Institute Technology Price Index. The index looks at monthly and yearly price data for 30 supply and capital items purchased...

ECRI Institute founder Dr. Joel Nobel dies at 79

ECRI Institute founder Dr. Joel Nobel dies at 79

By Sabriya Rice  |  August 19, 2014

Dr. Joel Nobel, who founded the not-for-profit ECRI Institute in 1968 to address safety, quality and costs issues in the field of healthcare, died last week at age 79, the organization said Tuesday.

Chemistry 101: Oxygen is not flammable

Chemistry 101: Oxygen is not flammable

By Joe Carlson  |  July 15, 2014

High concentrations of oxygen used during surgeries are a potential fire hazard for patients, but that doesn't mean the O2 gas itself catches fire.

Ultrasound system prices up 20%, driven by new system rollout

Ultrasound system prices up 20%, driven by new system rollout

By Jaimy Lee  |  July 01, 2014

The average price of ultrasound systems rose 20% over the past year, in part because of the launch of a pricey new system and the uptick in the average price of premium systems, according to the Modern Healthcare/ECRI Institute Technology Price Index.

When it comes to clinical-decision software, what does autonomy mean?

When it comes to clinical-decision software, what does autonomy mean?

By Darius Tahir  |  June 06, 2014

The National Nurses United organization has launched a campaign against a perceived invader: algorithms and clinical-decision-support software. The union charges that the software is costing nurses' jobs, and, just as importantly, their autonomy.

Cardiac mapping system costs rise due to new models

Cardiac mapping system costs rise due to new models

By Jaimy Lee  |  May 21, 2014

The average cost of basic cardiac mapping systems went up nearly 13% over the past year due to the introduction of two new models to the U.S. market and an increasing number of hospitals purchasing highly configured and costlier systems, according to the most recent Modern Healthcare/ECRI Institute...

Teamwork key to reducing lab-results errors

By Dr. Steven H. Kroft  |  May 17, 2014

Laboratory results are involved in the vast majority of patient diagnoses and treatment plans. The tests that generate those results are proliferating in number and becoming increasingly complex and targeted. This is a concern for all healthcare providers, particularly those who order the tests and...

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