Managing orthopedic implant costs takes imagination and a smart game plan Many hospitals have succeeded in controlling implant costs
Hospital Materials Management, June 1, 2009
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During the past several years, many hospitals have made significant progress in containing the cost of total hip and knee implants.
Data from a sample of organizations surveyed by con¬sultants Sg2 in 2008 indicate the average price paid for a total hip implant, excluding revisions, partial hips, and hip resurfacing, was $5,405. The average price paid for a total knee implant excluding revisions was somewhat less, at $4,455. Both figures are significantly below list prices, with discounts ranging as high as 40%–60%.
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