Navigation Links
ECRI Institute Launches Market Analytics Tool to Help Hospitals Make More Informed Capital Purchasing Decisions
Date:7/6/2011

PLYMOUTH MEETING, Pa., July 6, 2011 /PRNewswire-USNewswire/ -- ECRI Institute®, an independent nonprofit healthcare organization that researches the best approaches to improving patient care, today announces the launch of its S+ Market Analytics Tool, the latest enhancement to ECRI Institute's SELECTplus™ healthcare technology advisory service. The new price benchmarking and trending database provides real-time market intelligence to help hospitals and health systems select and procure the best capital equipment for their needs. It includes unlimited consultation with ECRI Institute's staff of technology analysts, biomedical engineers, clinicians and researchers.

(Logo: http://photos.prnewswire.com/prnh/20110112/DC29081LOGO)

"This new interactive database is a significant enhancement to our service. It's the first market analytics tool of its kind to help hospitals and systems make faster, more informed capital purchasing decisions," states Jennifer Myers, ECRI Institute's Vice President of SELECT Health Technology Services. SELECTplus is a capital technology decision support service used by more than 2,500 hospitals and health systems worldwide.

"Whether purchasing new or replacing existing capital, hospital executives and purchasing professionals need the best market insight they can get," says Anthony J. Montagnolo, Executive Vice President and Chief Operating Office, ECRI Institute.  "S+ Market Analytics arms them with accurate, unbiased and evidence-based pricing and technology data to help substantiate purchasing decisions that now are often elevated to the C-Suite," adds Montagnolo.

The new S+ Market Analytics tool makes it easier for healthcare organizations to see purchasing trends, prices paid, and market share based on data submitted by SELECT member hospitals. At-a-glance charts and powerful drill-down data sets provide detailed market intelligence on medical technology, including:

  • Member interest graphs and trends
  • Most popular models and manufacturers
  • Pricing and discount trends
  • Configuration analyses and line item price benchmarking
  • Benchmarking of service contracts

For more information about ECRI Institute's S+ Market Analytics, or to request a demonstration, contact Jennifer Myers at (610) 825-6000, ext. 5287, or email jmyers@ecri.org. To learn more about ECRI Institute, contact us at communications@ecri.org, (610) 825-6000, or 5200 Butler Pike, Plymouth Meeting, PA 19462.

ECRI Institute (www.ecri.org), a nonprofit organization, brings the discipline of applied scientific research to discover which medical procedures, devices, drugs, and processes are best, all to enable health care organizations to improve patient care. As pioneers in this science, they pride themselves in having the unique ability to marry practical experience and uncompromising independence with the thoroughness and objectivity of evidence-based research. ECRI Institute is designated as a World Health Organization Collaborating Center for Patient Safety, Risk Management, and Healthcare Technology and an Evidence-based Practice Center by the U.S. Agency for Healthcare Research and Quality. ECRI Institute PSO, listed as a federally certified Patient Safety Organization by the U.S. Department of Health and Human Services, strives to achieve the highest levels of safety and quality in healthcare by collecting and analyzing patient safety information and sharing lessons learned and best practices. Find ECRI Institute on Facebook (www.facebook.com/ECRIInstitute) and on Twitter (www.twitter.com/ECRI_Institute).


'/>"/>
SOURCE ECRI Institute
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. ECRI Institute and Health Care Improvement Foundation Launch CT Radiation Safety Collaborative
2. DNA Medicine Institute Awarded Two Phase III SBIR NASA Contracts for Its rHEALTH Sensor
3. Masimo and Dartmouth-Hitchcock Medical Center, First Cross-Industry Collaborative Honored With the Institute for Technology and Healthcare Clinical Application Award
4. Cardium Announces Cedars-Sinai Heart Institute as the SPECT Imaging Core Lab for the Recently Announced Generx® Phase 3 Clinical Registration Study in the Russian Federation
5. Still River Systems Sign Patent License Agreement With the Massachusetts Institute of Technology
6. CMR Institute Adds e-Modules Addressing Healthcare Reforms Impact on Pharmaceutical Industry
7. The Institute for Specialized Medicine Launches GLUTEN-FREE REMEDIES, a New Line of Gluten-free Food Supplements and Herbs.
8. United Kingdoms National Institute for Health and Clinical Excellence Issues Guidance on Percutaneous Tibial Nerve Stimulation for Faecal Incontinence
9. Exagen Diagnostics Inc. Partners with Medco Research Institute® to Develop NIMBLE Personalized Medicine Program for Rheumatoid Arthritis Patients
10. Medco Research Institute® and AssureRx Health Initiate Pilot Program to Evaluate Adoption and Clinical Impact of Pharmacogenetic Testing for Selection of Psychotropic Medications
11. SeraCare Life Sciences Announces Renewal of National Institutes of Health Contract to Support Research
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/2/2017)... , Aug. 2, 2017  Life Flight Network and PeaceHealth ... agreement improves patient care and operational efficiency for patients at ... , Cottage Grove , and ... transportation. PeaceHealth and Life Flight Network work collaboratively to move ... transport, or when a time sensitive emergency exists. ...
(Date:8/1/2017)... , Aug. 1, 2017   CerSci Therapeutics , ... Dallas, Texas , has received notice from the ... Institutes of Health (NIH) that it has been awarded ... totaling over $650,000 in 2017 with an additional $1,000,000 ... Investigational New Drug application of their lead non-opioid drug ...
(Date:7/31/2017)... Tru-D SmartUVC robots have arrived at Brian Allgood Army Community ... for "Total Room Ultraviolet Disinfection," is a 5-foot-5 germ-killing robot that is ... cleans the area with traditional cleaning protocols. ... Tru-D fights germs at Army hospitals ... "Although the BAACH has a very low infection rate, below national ...
Breaking Medicine Technology:
(Date:8/23/2017)... (PRWEB) , ... August 23, 2017 , ... Earlier this ... authority on the use of health IT to create efficiencies in healthcare information exchange ... held its 2017 Summer Forum which featured keynote addresses by Donald W. ...
(Date:8/23/2017)... , ... August 23, 2017 , ... Nightingale College continues ... Give Back Day is a time Nightingale College dedicates to serving and volunteering for ... thrive on donations and volunteers or those that need a little extra help. ...
(Date:8/23/2017)... ... August 23, 2017 , ... Boling Vision Center is excited ... and is now seeing patients at Boling Vision Center’s Elkhart & Notre Dame ... and treatment of eye disease, medical retina, high-technology cataract surgery, cosmetic procedures, and ...
(Date:8/23/2017)... ... August 23, 2017 , ... ... Bridge Awards® - for Risk Management Solution Innovations and Security Solution for Government ... platform released in 2017 and its DHS SAFETY Act-designated enterprise security assessment approach. ...
(Date:8/22/2017)... ... 22, 2017 , ... The Women’s Choice Award, a growing platform that gives ... 2017 Women’s Choice Award. The identification by women of an effective new migraine ... sufferers are women. In a survey taken by the Women’s Choice Award organization, nine ...
Breaking Medicine News(10 mins):