Hospitals must display Available Stents and Prices outside Cathlab: NPPA
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Hospitals would be soon required to disseminate relevant information about Cardiac Stents that are being used in their cathlabs. These are the recommendations put forward in the National Pharmaceutical Pricing Authority, in its latest report on Pricing of Stents.
The report was commissioned by the Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers on account of media reports regarding huge mark-up in prices of stents due to unreasonable margins to distributors and hospitals. Post the analysis, NPPA indeed reported existence of high margins as high as 1200% in certain types of stents.
Besides giving detailed examination on the stent market in the country, the report highlighted typical challenges faced by patients with respect to choice of stents, which have had a distorting effect on the market, and gave many recommendations that are of concern hospitals are well as medical practitioners. The first recommendation only stated that hospitals have to be transparent and provide details of the stents available outside their respective cathlabs
The report was commissioned by the Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers on account of media reports regarding huge mark-up in prices of stents due to unreasonable margins to distributors and hospitals. Post the analysis, NPPA indeed reported existence of high margins as high as 1200% in certain types of stents.
Besides giving detailed examination on the stent market in the country, the report highlighted typical challenges faced by patients with respect to choice of stents, which have had a distorting effect on the market, and gave many recommendations that are of concern hospitals are well as medical practitioners. The first recommendation only stated that hospitals have to be transparent and provide details of the stents available outside their respective cathlabs
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