-The Times of India NEW DELHI: Even as Stent prices have been capped, the cost of the three main consumables used in angioplasty have, in many cases, become even more expensive than stents as hospitals try to make up for the huge margins they lost on stents. The modus operandi is same as in the case of stents before the price cap. Though the consumables are bought at a third or less...
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Stents cheaper, but not all get benefit -Rema Nagarajan
-The Times of India Almost a year after prices of cardiac stents were capped, an examination of bills from various hospitals shows that the extent to which it has brought down the total cost of an angioplasty depends on which hospital you go to. When the price of stents was capped at Rs 30,000 in February last year, the order had stated that the prices would be reviewed after one year. As...
More »Syringe prices may fall by half or more in January 2018 -Rema Nagarajan
-The Times of India NEW DELHI: The All India Syringes and Needles Manufacturers Association has issued a circular to its members to print the maximum retail price (MRP) on the basis of a maximum of 75% margin from December 24, which is observed as Consumer Day, and to implement this latest by January 26 next year. It also wrote to all foreign manufacturers of syringes, urging them to join the effort to...
More »Pharma price controls hurt consumers -Subir Roy
-The Hindu Business Line Public procurement at a negotiated price is a better option. Price curbs deter producers and don’t check pharmacy margins The Government’s attempt to keep the prices of essential medicines affordable and curb the extraordinary returns earned by private healthcare providers through price controls has started an inexorable process whose end does not seem in sight. Will these moves eventually be counter-productive? First came the move to extend the scope...
More »Doctor call on Stent prices
-The Telegraph New Delhi: A group of Indian doctors has urged the Narendra Modi government to resist any US government or industry pressure to reverse its decisions earlier this year to impose price caps on coronary stents and knee implants. The Association of Doctors for Ethical Practices (ADEH) said on Wednesday that it is hoping the Indian government will "remain firm" on its decision to cap the prices of the devices because...
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