echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Medical News > Latest Medical News > The average price of artificial joints has been reduced by more than 80%, and enterprises are expected to achieve "price-for-volume"

    The average price of artificial joints has been reduced by more than 80%, and enterprises are expected to achieve "price-for-volume"

    • Last Update: 2022-04-15
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    [Pharmaceutical Network Industry News] On March 19, the Guangdong Provincial Medical Security Bureau issued the "Notice on Doing a Good Job in the Centralized Procurement and Use of Artificial Joints Organized by the State", which clarified that the centralized procurement of artificial joints will be launched in Guangdong on April 15.

    .

    This means that patients will soon be able to use artificial joints at significantly reduced prices
    .

    It is understood that the average price of the selected artificial joints has dropped from tens of thousands of yuan to thousands of yuan, with an average drop of 82%
    .

    A total of 330 medical institutions in Guangdong participated in the centralized procurement of artificial joints, including public hospitals and private hospitals
    .

    The province purchased a total of 36,400 sets in the first year, with an estimated annual cost savings of 750 million yuan
    .

    The "Selected Results of Centralized Procurement of Artificial Joints by the State Organization" included in the "Notice" shows that the hip joint products in this centralized procurement are divided into three groups according to ceramic-ceramic, ceramic-polyethylene, and alloy-polyethylene.
    Each type of product is divided into three groups.
    They are also divided into groups A and B according to the strength of the national supply capacity of the enterprise and the demand of medical institutions
    .

    Some people in the industry believe that, unlike a single product in the previous coronary stent centralized procurement, artificial joint centralized procurement has increased grouping, and paid more attention to product differences, clinical needs and supply capabilities
    .

    The "Notice" requires that medical institutions should unblock the channels for the selected varieties to enter the hospital, give priority to using this artificial joint to purchase the selected products in a centralized manner during the agreement period, and ensure that the agreed purchase volume is completed
    .

    The system settlement price of the selected product between the medical institution and the selected enterprise is divided into two types: "with accompanying service" and "without accompanying service"
    .

       In addition to Guangdong, on March 3, the Hainan Provincial Medical Security Bureau issued the "Notice on Doing a Good Job in the Implementation of the Centralized Procurement of Artificial Joints Organized by the State", clarifying that the centralized procurement of artificial joints organized by the state will be implemented in Hainan on March 25.

    .

    It is reported that a total of 35 medical institutions in Hainan Province participated in the centralized procurement of artificial joints this time.
    The purchased products ranged from artificial hip joints and artificial knee joints.
    The total amount purchased in the first year was 3,356 sets
    .

    Among them, the average price of the selected hip joint has dropped from 35,000 yuan to about 7,000 yuan, and the selected knee joint has dropped from 32,000 yuan to about 5,000 yuan, with an average price reduction of 82%
    .

       At present, the relevant modules of the recruitment subsystem of the Hainan medical insurance service platform have been transformed, which can meet the requirements of purchasing artificial joints according to the system (set)
    .

    Medical institutions and related enterprises can log in to the recruitment and procurement subsystem to complete the selection of distribution relationships and the signing of tripartite agreements
    .

    In addition, the Hainan Provincial Medical Security Bureau will simultaneously adjust the medical insurance payment standards for artificial joints, improve the efficiency of medical insurance funds, and protect the basic rights and interests of insured persons
    .

       Analysts believe that with the implementation of the centralized procurement of artificial joints, leading enterprises are expected to achieve "price-for-volume" and continue to expand their market share, thereby improving their competitiveness
    .

    It is understood that artificial joints have always been imported
    .

    According to the data, the localization rate of artificial joints is about 35%
    .

    Among them, the localization rate of hip joint is about 54%, while that of knee joint is less than 30%
    .

       Disclaimer: Under no circumstances does the information or opinions expressed in this article constitute investment advice to anyone
    .

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.