Reported 8 months ago
In order to survive, many medical institutions see self-pay medical devices as a cash cow, but prices for the same device vary among hospitals. To address this, Taiwan's Ministry of Health and Welfare is planning to trial a 'self-pay medical device approval and pricing platform' by the end of the year. The platform aims to simplify administrative procedures, accelerate review and pricing processes, and narrow the price gaps between counties and hospitals, preventing patients from being overcharged. Discrepancies in self-pay medical device prices across hospitals are evident, with examples like knee joint implants and cardiac rhythm devices showing significant price variations. The platform seeks to streamline the approval process and make pricing information transparent for the public, ultimately minimizing price gaps between counties and hospitals.
Source: YAHOO