As the number of medical-device recalls has rapidly increased, so has the complexity of the recalls. That is raising questions about safety and risks for hospitals that mostly still track and locate faulty products manually.
Three products among the most expensive equipment tracked in the Modern Healthcare/ECRI Institute Technology Price Index saw double-digit increases in the prices that hospitals were paying.
The average price of computed tomography systems went up 15% in the past month as more hospitals purchased high-end scanners, including two new premium models that have been on the market for less than a year, according to the Modern Healthcare/ECRI Institute Technology Price Index.
Using predictive data tools may provide new insights into how to treat so-called complex patients, those with multiple medical conditions who drive a disproportionate level of healthcare costs, speakers said this week at an ECRI Institute-sponsored conference.
As hospitals increase orders for personal protective equipment, some experts are concerned that demand will lead to price gouging, supply shortages, and in some cases, hoarding by hospitals.
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.
Representatives of hospitals and the Food and Drug Administration will examine whether various technologies are effective in keeping patients out of the hospital at the upcoming ECRI Institute annual conference in Washington.
The average cost of anesthesia systems went up 28% in July because of an increase in the number of hospitals buying higher-acuity systems, according to the Modern Healthcare/ECRI Institute Technology Price Index.
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...
Donna Katen-Bahensky is retiring as CEO of University of Wisconsin Hospital and Clinics, Madison, effective Sept. 1.
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.
The average prices paid for surgical lights briefly jumped by 30% in May as more hospitals purchased highly configured and expensive systems, according to the Modern Healthcare/ECRI Institute Technology Price Index. But that increase is not expected to last.