Research Briefs
Date of this Version
3-21-2016
Abstract
Hospitals that join a pricing database are able to reduce the negotiated prices they pay to medical technology companies. Reductions are concentrated among hospitals previously paying high prices relative to other hospitals and for products purchased in relatively large volumes. Transparency may offer significant savings on medical devices.
Document Type
Brief
Number
12
See Original Study
License
This work is licensed under a Creative Commons Attribution-No Derivative Works 4.0 License.
Keywords
payment & delivery, hospital, medical technology, devices and diagnostics
View On LDI Website
http://ldi.upenn.edu/brief/transparency-and-negotiated-prices-value-information-hospital-supplier-bargaining
Date Posted: 09 December 2016