IMPLANT COSTS DROP AS HOSPITALS NEGOTIATE (Orthopedics This Week)
Hospitals are paying about 16% less for one component of a hip implant than they did a year ago, according to Jaimy Lee writing for Modern Healthcare. The evidence that healthcare providers are negotiating lower prices for joint implants comes from the Modern Healthcare/ECRI Institute Technology Price Index.
Lee reports that the average price paid this summer for the implant’s acetabular shell—one of four parts of a hip implant—was $1,220. That is about a quarter of the average price of a total hip implant.
Tim Browne, director ...
