Law & Health Weekly
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Health and Society
Study findings from University of Pennsylvania provide new insights into health and society
January 10th, 2009
According to recent research published in the journal Health Affairs, "Hospital buyers of medical devices contract with manufacturers with market power that sell differentiated products. The medical staff strongly influences hospitals' choice of devices." "Sellers have sought to limit disclosure of transaction prices. Policy-makers have proposed legislation mandating disclosure, in the interest of greater transparency. We discuss why a manufacturer might charge different prices to different hospitals, the role that secrecy plays, and the consequences of secrecy versus disclosure. We argue that hospital-physician relationships are key to understanding what...
Source: Law & Health Weekly (2009-01-10)
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