It's not easy containing costs in the healthcare supply chain. Device pricing may trend downward over time, but the introduction of new models, features, and functionality typically comes at a price—a steep one.
Snapshot of Pricing Trends
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
SELECTplus® supply and capital procurement advisory services. Each month, we update the data posted on
Modern Healthcare's website and provide some analysis on a few of the technologies.
Tech Insight for October 2016
The average cost of $226,427 for R/F systems (more commonly known as C-arms) is 33% higher than the average from this time last year because of relatively more recent interest in systems that can perform 3D imaging. 3D systems are particularly in demand for spine and orthopedic surgery, and they can also be paired with surgical navigation systems. At an average quoted price of $520,000, a 3D imaging system is around three times more expensive than a conventional 2D system.
See How Much You Could Be Saving
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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.