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Modern Healthcare/ECRI Institute Technology Price Index

Get more insight on the prices paid for supply and capital items 
 
The Modern Healthcare/ECRI Institute Technology Price Index provides a snapshot of the prices hospitals and other provider organizations are paying for supply and capital items based on price points submitted to ECRI Institute by members of its PriceGuide™ and SELECTplus™ supply and capital procurement advisory services.
 
 
FROM THE ANALYSTS’ CORNER
Insights and trends on currently posted prices
  • The average cost of CT systems (currently $889,309) is down 27.2% compared to this time last year because of relatively less member interest in premium systems versus 20 to 64 channel scanners.
  • The average cost of PET/CT systems (currently $913,801) is 44.1% less than the average cost from last month due to recent member interest in less costly mobile coach PET/CT models.
  • The average cost of Stereotactic Radiosurgery systems (currently $3,408,215) is 52.5% higher than the average from last month because all recent member interest was in dedicated systems as opposed to add-on systems.
Accolades from Banner Health
Winner, 2014 ECRI Institute Healthcare Supply Chain Achievement Award

“ECRI Institute has provided Banner Health with the resources and tools that enable us to leverage the healthcare marketplace data in terms of equipment costs, supply expense, and technology assessment. Banner Health is able to integrate this information into our overall Supply Chain processes to achieve best practices and reduce total cost."  
 
 ─Doug Bowen
Vice President of Supply Chain Services
Banner Health
 
Questions?
For more information about ECRI Institute's supply chain services, call (610) 825-6000, ext. 5889 or e-mail select@ecri.org
 
 
The pricing data included in the Modern Healthcare/ECRI Institute Technology Price Index does not represent all industry data across devices, rather it only represents the data and price points for specific devices submitted to ECRI Institute by its SELECTplus™ and PriceGuide™ member hospitals. Any report or data provided should not be construed, interpreted or relied upon as a "complete" representation or aggregation of all industry data for a specific technology. In addition, the pricing data/analysis is an average, based upon one or more data configurations conducted on the ECRI Institute member data and price points. The monthly average prices are calculated using a three month rolling average. These averages are subject to change based upon the date of the report, and the data configurations.
 
In Our Members Words
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ECRI Institute services
White papers
  • CT Scanners (infographic)
  • ECRI Institute's 2014 Top 10 Hospital C-Suite Watch List (download)
  • ECRI Institute's 2014 Top 10 Health Technology Hazards List (download)
  • Spending Scarce Resources on the Wrong Capital Budget Requests: Not in My Hospital! (download)
 
Modern Healthcare/ECRI Institute Technology Price Index