Colombia to regularise prices of medical devices
20-Mar-15, Global Health Intelligence
Columbia’s Ministry of Health & Social Protection has announced new price regulations for medical devices effective 5 March 2015. Medicated coronary stents will be the first device to come under price regulation, followed by cochlear implants, hearing aids and orthopedic devices.
%20mashmedical.jpg "Colombia to regularise prices of medical devices (c) mashmedical")
Image: mashmedical
The move is expected to result in 36% reduction in prices of medical devices; and USD14 billion worth annual savings for the national health system.