4 Reasons Obamacare is Good For Medtech (#3)
in Medical Device Business
by Arundhati Parmar on August 28, 2013
Hospitals Will Look to Lower Costs and Improve Outcomes
- Focus has been placed on how hospitals have been forcing medtech companies to reduce pricing, but medtech companies have a real opportunity to lower costs for hospitals too, such as those technologies that reduce hospital readmission rates.
- Hospitals want to eliminate unnecessary procedures, and stenting is something that has been found to be overused. In this context, companies like Volcano Corp. and its fractional flow reserve technology will be attractive.
- Hospitals want to manage certain diseases that are costly to treat over the long term. For instance, Hologics' 3-D mammography can better identify breast cancer and technologies like this would be highly sought after.
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