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Orthopaedic Industry News & Orthopaedic Company News | Orthogate Professionals

Details
By Editor-in-Chief
Editor-in-Chief
Industry News
17 February 2017

Hospitals not allowed to profit on stents anymore: Govt

NEW DELHI: Hospitals, nursing homes and clinics that implant cardiac stents cannot claim margins on the life-saving devices, says the government. The decision is expected to break the nexus between manufacturers, doctors and hospitals that have led to "unethical" markups in the prices of these stents.

A cardiac stent is a wire mesh tube used to clear blockages in coronary arteries and prevent heart attacks.

The National Pharmaceutical Pricing Authority on February 14 slashed stent prices by over 75%. Including VAT, drug eluting stents (DES) and bioresorbable vascular scaffolds (BVS) will now only cost heart patients Rs 31,080, while bare metal stents (BMS) would cost Rs 7,623.

Visit Original Source

Last Updated: 17 February 2017
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