Secrecy on medical-device prices hurts buyers, GAO says

  • Article by: JAMES WALSH , Star Tribune
  • Updated: February 11, 2012 - 2:40 PM

A government survey found wide variance in what hospitals pay for implantable devices.

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explanthisFeb. 12, 12 8:07 AM

http://fida-advocate.blogspot.com/ FDA MedWatch Adverse Event #5009052 was not investigated and according to Freedom of Information, the record was "lost". Mayo Clinic and the surgeon/designer are legally able to abandon the patient. The entitlement of the medical device industry will cripple not only our elders, but our nation. Medical and legal purgatory is not an "innovation" that patients demand but if a device fails, that is the result. No pre-market clinical testing, mass production and no registry for devices and an uninformed consumer is the recipe for disaster. Is the GAO report "shrill" or accurate? I vote for accurate!

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savnortFeb. 13, 12 6:39 AM

After reading this article, shouldn't the headline read, "GPO report highlights their own confusion trying to understand free market economics"? It also appears the writer of the article wanted a slanted view of things as well. Confidential clauses go both ways. Both device companies and hospitals use and want them. But you would not know that from this article. Reasoning for this ranges from hospital liability (such as unauthorized employee disclosures or mistakes) to device manufacture shipping mistakes. And that senator from Montana is simply playing politics. The political game of looking-good. If he was really concerned about prices, then use the free market to drive down cost. Not legislation.

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