Medical Device Price Erosion

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Capturing the new ‘value’ segment in medical devices

https://www.mckinsey.com/industries/life-sciences/our-insights/capturing-the-new-value-segment-in-medical-devices

The medical-device industry is facing challenging headwinds. As governments and health insurers worldwide implement measures to control costs, public hospitals are operating on tighter budgets, while private facilities are receiving lower …

Hospitals gain leverage on medical device pricing: report

https://www.medtechdive.com/news/hospitals-gain-leverage-on-medical-device-pricing-report/545422/

Price transparency in the medical device sector has never been higher thanks in part to consolidation among the industry's hospital customers and an …

Medical Device Price Differentials In The U.S. And …

https://www.healthaffairs.org/do/10.1377/forefront.20181206.716970

Design to value in medical devices - McKinsey

https://www.mckinsey.com/~/media/mckinsey/dotcom/client_service/Pharma%20and%20Medical%20Products/PMP%20NEW/PDFs/774172_Design_to_value_in_medical_devices1.ashx

As price pressures increase, medical device makers need to rethink product development processes. Design to Value can help get costs under control—and deliver exactly what …

Medical device business model: Payment …

https://www2.deloitte.com/us/en/insights/industry/life-sciences/medical-device-business-model-payments.html

Medtech manufacturers are rising to the challenge to deliver value through new payment models. To be successful, they will likely need to identify the right …

Next-Generation Pricing Is Transforming …

https://www.bcg.com/publications/2018/next-generation-pricing-is-transforming-medtech

The rapidly growing area of digital health cries out for innovative pricing models rather than simply putting a price tag on metal and plastic devices. Big data, artificial …

An Overlooked Health Care Cost - The …

https://www.acsh.org/news/2018/10/03/overlooked-health-care-cost-medical-device-market-13468

When we talk about cost and price transparency, medical devices are rarely mentioned. It represents about 5% of our healthcare spending, or …

Tupelo Medical: Managing Price Erosion | Emerald Insight

https://www.emerald.com/insight/content/doi/10.1108/case.kellogg.2016.000383/full/html

Abstract. Robert Davidson, pricing manager for Tupelo Medical, was concerned about the variability in price paid for its top-selling product, the Micron 8 …

Price Erosion Hits Medtech | mddionline.com

https://www.mddionline.com/business/price-erosion-hits-medtech

AdvaMed recently acknowledged that the prices paid in the United States for devices ranging from cardiac rhythm management units to hip implants, have dropped as much …

Price Erosion: What Is It, and How Do You Stop It?

https://www.pricespider.com/price-erosion-what-is-it-and-how-do-you-stop-it/

Price erosion occurs when you are forced to lower your price—and thereby, the perceived value of your product—to compete with unauthorized sellers or sellers who have violated …

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