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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 on Modern Healthcare/ECRI Institute Technology Price Index (May 2015)
  • The average cost of Portable Ultrasound systems (currently $31,363) is 18% lower than the average cost last year because of relatively more member interest in the smaller, versatile Point-of-Care systems which typically serve more than one area as opposed to the larger, higher cost systems meant to be used in one department.
 

 From our Supply Chain Award Winner

  • ​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.

    Doug Bowen, Vice President, Supply Chain Service, Banner Health
See how much you could be saving.  
  • For more information about ECRI Institute's supply chain services, call (610) 825-6000, ext. 5889 or e-mail select@ecri.org.

Disclaimer 

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.