Navigation Links
ECRI Institute Sees Upward Trend in Hospital Medical Technology Evaluation Activity
Date:10/19/2009

Activity from member hospitals may signal a positive sign for the economy

PLYMOUTH MEETING, Pa., Oct. 19 /PRNewswire-USNewswire/ -- ECRI Institute(R) (www.ecri.org), an independent nonprofit that researches the best approaches to improve patient care and offers procurement support to more than 2,000 U.S. hospitals, reports a significant increase in requests by its members for medical technology acquisition support, a strong signal that the economy may be improving. ECRI Institute member hospital research requests typically precede medical capital technology purchases. If the pattern holds that an economy starts growing before employment increases, this data appears to be a good economic signal.

"During the past year, we have seen an especially heavy emphasis on clear justification, from a clinical/business perspective, whatever capital purchases are taking place," notes Anthony J. Montagnolo, chief operating officer at ECRI Institute. "However, most recently, the number of significant technology acquisition-related projects is clearly on the rise."

As the domestic economy worsened in the fall of 2008, ECRI Institute noticed that requests for research and advice showed unusual variability compared to previous trending patterns. In January 2009, the nonprofit organization recorded procurement data inquiries at a level that was 10% lower than January 2008.

Procurement support requests gradually started rebounding between February and May of 2009. Since then, significant increases have been documented in the June through September 2009 period with a 15% increase in procurement-related support requests over the prior year, a record level of procurement research activity for ECRI Institute.

"The most dramatic drop-offs in requests, not surprisingly, were for the costly high-tech equipment purchases, like CT scanners or MRI systems," says Jennifer Myers, vice president, SELECT health Technology Services, ECRI Institute. "Even with signs that the economy is improving, we expect that hospitals and health system members will be especially careful in making the right medical technology acquisitions at the best price."

SELECTplus(TM), a capital equipment procurement advisory service, helps hospitals determine the safest, most clinically effective technologies and provides pricing, product quality, and maintenance data to help hospitals purchase devices in the most cost effective way.

For more information about ECRI Institute medical capital, or consumable decision support services and how patient care and cost savings can be improved, contact (610) 825-6000, ext. 5287, e-mail select@ecri.org, or mail us at 5200 Butler Pike, Plymouth Meeting, PA 19462.

About ECRI Institute

ECRI Institute, a nonprofit organization, dedicates itself to bringing the discipline of applied scientific research to healthcare to discover which medical procedures, devices, drugs, and processes are best to enable improved patient care. As pioneers in this science for 40 years, ECRI Institute marries experience and independence with the objectivity of evidence-based research. ECRI Institute is designated a Collaborating Center of the World Health Organization and an Evidence-based Practice Center by the U.S. Agency for Healthcare Research and Quality. ECRI Institute PSO is listed as a federally certified Patient Safety Organization by the U.S. Department of Health and Human Services. For more information, visit https://www.ecri.org.

SOURCE ECRI Institute


'/>"/>
SOURCE ECRI Institute
Copyright©2009 PR Newswire.
All rights reserved

Related medicine technology :

1. National Institutes of Health Awards More Than $54 Million to Kaiser Permanente to Conduct Health Research
2. Transgenomic Signs Exclusive License for Cold-PCR Technology From the Dana-Farber Cancer Institute
3. SRI International Awarded National Institute of Mental Health Contract for Evaluation of Brain Imaging Agents and Medications for Treatment of Mental Disorders
4. Genome Quebec and Montreal Heart Institute Pharmacogenomics Centre Deploys Isilon IQ in Next Generation of Drug Development
5. GenVec Receives National Cancer Institute Grant to Expand Cancer Program
6. Kennedy Krieger Institute to Participate in 2009 World Stem Cell Summit
7. Stemgent Announces Sponsorship of Harvard Stem Cell Institute Seminar Series;
8. Juvenile Diabetes Research Foundation, The Genomics Institute of the Novartis Research Foundation Announce Innovative Diabetes Drug Discovery and Development Partnership
9. National Cancer Institute Research Identifies Unique Mechanism of Brostallicins Anti-Tumor Effectiveness
10. Lupus Research Institute Highly Encouraged by Benlysta(TM) Trial Results
11. International Journal of Occupational and Environmental Health Features Discovery of Asbestos-Related Pain Origin from Scientists at the Karmanos Cancer Institute in Detroit
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/10/2017)... July 10, 2017  The tenth annual BioPharm ... MA at the Sheraton Boston Hotel, September ... access to global decision makers and innovative biotech startup ... science leaders during two impactful days. BioPharm America is ... with additional networking opportunities with 4,500+ life science industry ...
(Date:7/5/2017)... , July 5, 2017 Wolfmet 3D  printed ... as physics and manufacturing combine to progress molecular radiotherapy imaging. ... SPECT systems are unable to accurately quantify the radiation absorbed ... information regarding the success of this radiotherapy treatment has been ... ...
(Date:7/5/2017)... BOTHELL, Wash. , July 5, 2017   ... a leading developer, manufacturer and marketer of proprietary clinical ... cryopreservation freeze media ("BioLife"), today announced that ... ("WAVI") its debt holder and largest shareholder, to modify ... Pursuant to the modification, WAVI agreed to ...
Breaking Medicine Technology:
(Date:7/25/2017)... ... July 25, 2017 , ... ... the launch of their partnership to provide the Pharmacist eCare Plan ... platform in the country with the ability to develop the Pharmacist eCare Plan, ...
(Date:7/25/2017)... ... 2017 , ... Dr. Gina Negrette, a skilled Wisconsin-based psychiatrist, ... decade of experience in psychiatry, treating clients in diverse settings, including inpatient and ... and manic conditions, as well as those who were fighting simply to live ...
(Date:7/24/2017)... JACKSONVILLE, Florida (PRWEB) , ... ... ... Klaproth, Division Marketing Director,      (407) 916-7235, kklaproth(at)robinsmorton(dot)com , Robins ... guests joined together to celebrate the structural topping out of the new ...
(Date:7/24/2017)... ... July 24, 2017 , ... ... partnered together for a unique opportunity that helps high school girls succeed in ... Barriers, Creating Opportunities.” Horizon Goodwill will host over 20 high school girls ...
(Date:7/24/2017)... ... July 24, 2017 , ... Axiad IDS , a ... it has partnered with WALLIX to expand its solution to help government ... There are a number of ways to address the authentication requirements within NIST ...
Breaking Medicine News(10 mins):