USING REAL-WORLD HOSPITAL PURCHASING AND CONSUMPTION DATA TO IMPROVE HEALTHCARE SYSTEMS EFFICIENCIES
Author(s)
Carlow D, Dua D, Erickson G, Garfield S
GfK Custom Research, Wayland, MA, USA
OBJECTIVES: Presently, there is a disparity between the purchasing power of various hospital institutions within Germany. Large institutions, those within hospital networks, and those with group purchasing organization (GPO) memberships can leverage their influence to secure favorable prices for medical devices and consumables. Other institutions, however, are not able to leverage the same purchasing power, resulting in higher prices and financial inefficiencies. The objective of this work was to measure the financial impact to a broad spectrum of hospitals using real-world German hospital purchasing and consumption data. METHODS: GfK Hospital Panel, a proprietary database for German hospital medical devices and consumables purchasing and consumption was evaluated. Wound care purchasing data was evaluated to see similarities and differences in purchasing volume, acquisition cost, and product utilization. Products used to promote infection control and healing in post-surgical sites were prioritized. RESULTS: The hospital purchasing and consumption data identified how specific products were used within and across hospitals. Differences in consumption by specialty department/units show how purchasing decisions are being concentrated in different settings. Hospitals with greater buying power and those with access to group purchasing organizations paid less per unit price than other hospitals, however the mix of products used varied by setting. Advanced wound care products had the greatest variability in usage among hospitals within the sample. CONCLUSIONS: Databases that provide detailed hospital purchasing data provide greater transparency to both hospitals and innovators on purchasing, pricing, and utilization trends. Smaller hospitals and those independently negotiating purchasing contracts can leverage this information to understand practice in other hospital settings as they make decisions for their own. These data are likely to have a significant impact in rationalizing expenditures across the German Healthcare System, providing transparency to help hospitals make better purchasing decisions.
Conference/Value in Health Info
2015-11, ISPOR Europe 2015, Milan, Italy
Value in Health, Vol. 18, No. 7 (November 2015)
Code
PMD139
Topic
Economic Evaluation
Topic Subcategory
Cost/Cost of Illness/Resource Use Studies
Disease
Infectious Disease (non-vaccine), Multiple Diseases