March 18, 2016

ECRI Institute and London School of Economics partner on device pricing project

By: Judy Mathias
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Editor's Note

ECRI Institute announced on March 17 that is collaborating with the London School of  Economics in a project examining medical device pricing across different countries.

Medical devices are estimated to account for 6% to 7% of total health expenditure in the US and European countries, but little is known about the factors that determine prices.

Some evidence suggests that prices of identical devices may vary significantly between buyers and countries.

 

​ECRI Institute, an independent nonprofit, is pleased to announce a formal strategic partnership with LSE Health and Social Care at the London School of Economics and Political Science (LSE). These two internationally renowned organizations will be collaborating in a project examining medical device pricing across a range of different countries.

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