Monday, March 25, 2013

Variations in Spinal Component Costs Highlighted in New Study

Medindia Health News
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Variations in Spinal Component Costs Highlighted in New Study
Mar 25th 2013, 13:27


The products included pedicle screws (PS), anterior cervical plates (ACP) and posterior interbody cages, which were purchased from a total of seven vendors.

Among the results:

  • PS had a mean cost of $878, with a range of $400 to $1,843 per patient;
  • ACP had a mean cost of $1,068, with a range of $540 to $2,388; and,
  • cages, $2,975, with a range of $938 to $7,200
For every additional implant component purchased, the unit price was reduced by $.29, $4.33 and $6.86 for PS, ACP and cages, respectively.

A significant relationship exists between a lower unit cost of implants and the purchase of a larger number of components. The authors suggest that greater transparency, as well as a more coordinated implant selection and purchase process, that includes the surgeon, hospital and manufacturer, could reduce the wide variation in component cost, and contribute to overall lower health care expenditures.

Source-Eurekalert

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