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Stent average price drops in a competitive market segment

By Jaimy Lee  |  December 18, 2014

The average price paid by hospitals for drug-eluting stents fell 6% over the last year as hospitals continue to push back on the prices of physician preference items, according to the Modern Healthcare/ECRI Institute Technology Price Index.

Recall management poor at hospitals

Recall management poor at hospitals

By Jaimy Lee  |  November 22, 2014

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.

Hospitals paying more for some high-end tech

Hospitals paying more for some high-end tech

By Modern Healthcare  |  November 13, 2014

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.

CT system prices shoot up 15%, driven by pricey new models

CT system prices shoot up 15%, driven by pricey new models

By Jaimy Lee  |  November 13, 2014

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.

Providers see benefits of predictive analytics for complex patients

By Darius Tahir  |  November 07, 2014

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.

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...

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