Premier: Price hikes hit most products, services

Few medical product prices are expected to stay steady from now until December 2001, but the majority of device increases should be only a few percentage points higher, according to a new inflation index.

Group purchasing giant Premier Inc., San Diego, has issued a new list of inflationary indices, covering dozens of products and services. Under capital equipment, the steepest increase is for electrosurgical generators at 7% to 10%, Premier said, citing research and development costs for new technology as the main drivers. Patient-monitoring systems in acute care centers are estimated to rise 3.5% due to cost of supplies. Intravenous pumps could see a 2.5% climb due to materials, labor and freight costs.

On the other end of the inflation spectrum, cardiac rhythm products such as implantable pacemakers and defibrillators should not increase and may even drop 5% because of a flat market. Yet, Premier advised material managers to expect a price resurgence for defibrillators, driven by new technology.

Lab, vascular product rises

In the laboratory, a 4.5% rise is predicted for both conventional and dry-imaging film, according to manufacturer Agfa Corp., Ridgefield Park, NJ, which pointed to more expensive raw materials as the cause.

Higher costs in manufacturing and raw materials could bring a 3% jump in blood/specimen collection equipment, as well as increases of up to 3.5% for coagulation instruments, reagents, controls and disposables.

Most medical/surgical items are expected to climb a few percentage points, but the most significant are vascular compression devices (4%), foot pumps (4%) and a limited number of thermal paper suppliers who are driving up chart paper 5% to 6%, according to Premier.

HPN

Click here for Premier's complete forecast.

January

 

 


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