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Price Capping will hamper innovation, putting doctors and patients at a disadvantage : Dr. Shirish (M S.) Hiremath

15 Oct 2016
Quality and efficacy mark the foundation of any healthcare system. To provide quality care to the patient, we should use the best of the devices in the first go to avoid complications in the later stages.

Dr. Shirish (M.S.) Hiremath, CSI President Elect and Chairman, Scientific Committee, talks to ETHealthworld about the impact of price capping of medical devices.  Imaging medical device innovation has helped to improve the patient outcome dramatically in the recent years. Where angioplasty showcased a success rate of 70% in the mid 1980s, it now boasts a success rate of 97%. While gain in medical experience can be seen as a contributing factor, the improved success rate can be majorly attributed to innovation in medical devices. Stents are now slimmer and more efficient which does not only help physicians in better delivery but also significantly improves patients' quality of life.

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