This story is from February 18, 2017
Hospitals to bloat bills to cover stent cap loss Charges
HYDERABAD: Days after
With the decision likely to dent profit margins, cardiac players are now planning to compensate their losses by raising cost of angioplasty procedure as maintenance of a lone `5-crore worth cathlab machine runs into `25 lakh per annum, excluding salaries, sources said.
Now, your hospital bill is likely to have extra heads like junior technical charges, junior cardiology charges, senior cardiology charges, cathlab stay charges, surgeons' standby charges and over-hospitalisation.
“Stent business is the revenue generator for most hospitals as it leaves big profit margins, but after the NPPA order, they will have to remodel their business. One way to do this is to raise overall cost procedure,“ said a city doctor, on condition of anonymity.
In fact, TOI learnt several key players, including cardiologists went into a huddle and held a session two days ago to discuss a way out.
With an estimated 6,000 monthly stents, including 1,000 under the state-funded Aarogyasri scheme used on patients across 145 cathlab centres in Telangana, the NPPA cap is seen as a huge blow to hospitals, said industry observers.
And here's the worst-kept secret. The stent business is so profitable that it leaves over 800% margin for hospitals on some brands marketed by US-based device makers.On the flip side, patients may be affected in the long-run.
“Expensive ones with a price tag above `1 lakh have been withdrawn after the NPPA order. But cheaper ones worth `40,000 are still available. Now, there are no bio-resorbable stents in the market as multinational device makers are finding the Indian market unviable due to steep price cut,“ said Dr Anil Krishna, consultant, interventional cardiologist.
Though he acknowledged black sheep bringing disrepute to the profession while dealing with stent business, he disagreed with the NPPA's attempt at painting the entire cardiac fraternity with the same brush.
In the long term, the stent capping decision is also likely to hit poor cardiac patients using Aarogyasri scheme as they may remain deprived of latest technology-based products, said Dr T Narsinga Reddy, chairman of Aarogyasri Private Network Hospitals, Telangana, and president of the state chapter of
“Bare metal stent per unit under Aarogyasri costs `9,000 per unit, while drug eluting stent per unit package comes for `24,000, but with the NPPA order, we are sure device makers won't release new generation stents now,“ he told TOI.
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National Pharmaceutical Pricing Authority
(NPPA
) capped stents at just Rs 30,000 per unit, city'scardiac centres
are scrambling for cover.Now, your hospital bill is likely to have extra heads like junior technical charges, junior cardiology charges, senior cardiology charges, cathlab stay charges, surgeons' standby charges and over-hospitalisation.
“Stent business is the revenue generator for most hospitals as it leaves big profit margins, but after the NPPA order, they will have to remodel their business. One way to do this is to raise overall cost procedure,“ said a city doctor, on condition of anonymity.
In fact, TOI learnt several key players, including cardiologists went into a huddle and held a session two days ago to discuss a way out.
With an estimated 6,000 monthly stents, including 1,000 under the state-funded Aarogyasri scheme used on patients across 145 cathlab centres in Telangana, the NPPA cap is seen as a huge blow to hospitals, said industry observers.
And here's the worst-kept secret. The stent business is so profitable that it leaves over 800% margin for hospitals on some brands marketed by US-based device makers.On the flip side, patients may be affected in the long-run.
MD MaxCure Group
of hospitals.Though he acknowledged black sheep bringing disrepute to the profession while dealing with stent business, he disagreed with the NPPA's attempt at painting the entire cardiac fraternity with the same brush.
In the long term, the stent capping decision is also likely to hit poor cardiac patients using Aarogyasri scheme as they may remain deprived of latest technology-based products, said Dr T Narsinga Reddy, chairman of Aarogyasri Private Network Hospitals, Telangana, and president of the state chapter of
Indian Medical Association
(IMA).“Bare metal stent per unit under Aarogyasri costs `9,000 per unit, while drug eluting stent per unit package comes for `24,000, but with the NPPA order, we are sure device makers won't release new generation stents now,“ he told TOI.
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Top Comment
R
Rammohan
2860 days ago
Hospitals in AP and TS over the years have thrown lakhs of poor and lower middle class families on to the roads due to their greed and fraud.Read allPost comment
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