New Technology in Physician Preference Items – Conversations With VIE

by | Dec 18, 2020 | Conversations With VIE, Healthcare IT, Physician Preference Items, Videos


This video was brought to you by Rich Dormer and Bryan Covert.

New technology in physician preference items are increasing costs while not necessarily increasing the reimbursement. Click To Tweet

Some recent trends we’ve seen at VIE Healthcare Consulting, especially in total joint orthopedics, includes the usage of new materials for the same component. In the case of total knee replacement, we’re seeing the traditional plastic liner being replaced by one treated with vitamin E, which can lead to an extra $1000 cost-per-case just for that new material.

However, these trends aren’t isolated just to total joint applications. We’re seeing similar trends occurring in other areas like total hip and total spine orthopedics.

Ultimately, it’s important when new technology is introduced that it’s done at the same rate as the existing components that are being used. Hospitals should not be taking on the increased costs of the new technology while the vendor reaps all the benefits via increased revenue.

Learn more about new technology costs in this video and how VIE Healthcare Consulting can help your hospital in cost-saving initiatives.

For a complimentary consultation, call our office today at 1-888-484-3332, Ext 500 or email us at info@viehealthcare.com.

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VIE Healthcare's simple 3 step process

VIE Healthcare's

simple 3 step process

Step 1

Schedule a Call

On your initial consultation call, we will want to learn about your goals and how VIE Healthcare® can support you and your team.

Step 2

We Analyze Your Data

The team at VIE Healthcare® will create a customized solution specifically focused on your hospital's needs and the outcomes you want to achieve.

Step 3

You Achieve Rapid Results

VIE Healthcare® will dedicate expertise and resources that support you and your team to become a high performing hospital.

Step 1

Schedule a Call

On your initial consultation call, we will want to learn about your goals and how VIE Healthcare® can support you and your team.

Step 2

We Analyze Your Data

The team at VIE Healthcare® will create a customized solution specifically focused on your hospital's needs and the outcomes you want to achieve.

Step 3

You Achieve Rapid Results

VIE Healthcare® will dedicate expertise and resources that support you and your team to become a high performing hospital.

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