Fast Facts for Purchasers: Securing the Best Price for Surgical Mesh
Hernia repair is a fairly common procedure, with over one million surgeries performed in the U.S. each year. Although surgical mesh, sutures, or staples can be used to repair damage, non-mesh repairs have decreased sharply over the last 30 years and currently account for less than 10 percent of all groin hernia repair technique.
Illustrated below is the cost of the two most popular types of synthetic mesh, partially absorbable and nonabsorbable, used for inguinal hernia repairs. The large variance in the pricing of nonabsorbable surgical mesh is related to the type of material, size, shape, and layering used.
| Nonabsorbable Surgical Mesh
| Partially Absorbable Surgical Mesh
Currently, reimbursement for hernia repair surgeries is on the decline, which makes securing the best price for surgical mesh a must. Lower prices are usually achievable by introducing competitive bids but additional savings can require some creativity such as agreeing to market share commitments. These agreements tend to give providers a good amount of leverage to reduce the price of the mesh. The commitment level is negotiable and can be spread across multiple vendors. If you chose this route, it’s imperative to lock in pricing for the term of your agreement. Also, consider using a trusted source to review your contracts and pricing to make sure the pricing offered is in line with industry standards.
Source: MD Buyline
Please note these numbers have been adjusted to exclude special deals, outliers and unique circumstances.
Publication Date: Friday, August 23, 2013