What is the cost of heart surgery to a hospital?
Heart surgeries are some of the most common operations performed in the U.S.¹ The Agency for Healthcare Research and Quality have ranked heart valve procedures, percutaneous coronary angioplasty and coronary artery bypass grafts among the top eight of the most expensive surgeries a patient can have.²
Hospitals can charge heart patients anywhere from $30,000 to $200,000, depending on the procedure.³
According to Becker’s Hospital CFO Report, the majority of the costs to the hospital include staffing the technicians, nurses, anesthesiologists, surgeons, etc to perform the surgery. However, after labor costs, supply costs are the second largest part of a hospital’s budget. T for G, a business intelligence company, recorded that hospitals spend about 11-13% of their budget on medical equipment and devices. IV and diagnostics consume the majority of that budget, with cardiology not far behind.
Even though hospital budgets continue to tighten, they must keep a wide range of medical devices in stock for these common, expensive surgeries.
MED Alliance Solutions offers a complex portfolio of high quality, cost-effective medical devices specific to cardiothoracic surgery through Surge Cardiovascular. Surge Cardiovascular products include a variety of suture guides, multiple sizes of antegrade cardioplegia cannulas, the BlowMister, an extensive line of perfusion sets, and unique devices such as the Alpine Femoral Venous Cannula.
MED Alliance Solutions, LLC is medical device distributor with more than 350 years of combined medical device sales and distribution experience. Dedicated to meeting the needs of its clinical customers and manufacturing partners, MED Alliance offers cost-effective, customized sales, logistics, and distribution solutions.
If you would like to learn more about the quality medical devices offered through MED Alliance Solutions, email us or call 888-891-1200 to be connected to the appropriate representative.
¹https://stanfordhealthcare.org/medical-treatments/g/general-surgery/procedures.html
²http://www.investopedia.com/financial-edge/0310/top-10-most-expensive-medical-procedures.aspx
³http://health.costhelper.com/heart-surgery.html
4http://www.beckershospitalreview.com/finance/10-ways-for-hospitals-and-health-systems-to-increase-profitability-in-2012.html
5https://www.tforg.com/how-we-think/sweetspot-blog/2017/05/17/comparing-purchasing-processes-surgical-devices-medical-equipment-us-japan-germany/
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