Hospitals raise concerns over confidentiality of device prices
Some hospitals find it hard to negotiate prices for medical technologies because device firms sometimes require confidentiality requirements that prevent hospitals from disclosing the prices of products to companies that sell data to help analyze market conditions. The device sector recognizes its confidentiality practices, saying price disclosure could result in higher prices and might lead to collusion. "The evidence is strong that the competitive forces in our industry work extremely well," AdvaMed Senior Executive Vice President David Nexon said.
Wall Street Journal, The | 11/02
This story published in AdvaMed SmartBrief on 11/03/2009
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